Investor capitalizes on sale of Medical Office to REIT

Client Success Stories
Investor capitalizes on sale of Medical Office to REIT

Michael Ulin

Senior Vice President

client

Investor
Industry

Healthcare Practice
Services

Investment Sale Advisory, Brokerage – Investment Sales
Geography

Decatur, GA
Asset Type

Medical Office
Square footage

22,000 SF
relationship length

3+ years

The building was acquired by investors seeking out value add opportunities. The remaining vacancies were filled which provided owners an early, unplanned exit at maximum value.

Michael sold the fully leased medical office building at 465 Winn Way, Decatur to American Healthcare Investors REIT.

results

Used leasing history in the market to create leasing activity
Achieved 100% occupancy which was somewhat rare in the market.
Used knowledge and connections with REIT buyer to position the asset for expanding portfolios.
Brought ownership an unsolicited purchase offer which exceeded expected return and timing.

Michael was a consummate professional from day one. We felt that we acquired the asset at the right price and I think the selling price achieved exceeded our expectation.