Physicians Sell 60,000 SF Medical Office to Health System

Case Studies
Physicians Sell 60,000 SF Medical Office to Health System

Michael Ulin

Senior Vice President

client

Multiple Physician Partners
Industry

Healthcare Practice
Services

Investment Sale Advisory, Brokerage – Investment Sales
Geography

Carrollton, GA
Asset Type

Medical Office
Square footage

60,000 SF
relationship length

3+ years

The building was developed by multiple Physician partners to support the respective medical offices and create a long-term plan to enhance retirement through ownership.

Detailed conversations revealed a desire to sell the building and capitalize in a healthy investment sale market.

results

Advisory on lease restructuring to maximize the sales price.
Used investment sales market knowledge and buyer connections to bring competitive bidding
Created leverage in pricing for the health system buyer.
Secured a profitable exit for Physician partners upon sale of the asset.

I was reassured by Michael and team. He’d been patient through several early discussions before we had full partner buy in and he never hesitated to visit us. Ultimately, he was able to get Tanner Health to step up to buy the building.