Colliers’ U.S. Healthcare Capital Markets team announced that it advised on a medical outpatient building (MOB) acquisition by an undisclosed buyer.
The property is a 36,678-square-foot MOB located in Athens, Georgia. The four-story facility is master-leased by Piedmont Healthcare on a long-term triple-net lease. The recently renovated MOB is adjacent to the 427-bed Piedmont Athens Regional Medical Center and serves in direct partnership with the neighboring hospital to deliver medical training and outpatient care to the surrounding community through the Piedmont Graduate Medical Education and Clay Community Care Clinic.
The transaction closed on December 19, 2024. The financial terms of the acquisition were not disclosed.
According to data in the LevinPro HC database, this transaction marks the 204th MOB acquisition of 2024, and the 12th in Georgia. This is also Colliers’ 10th transaction that it has advised on throughout the year. In 2023, the company advised on five transactions.
