On December 30, Colliers’ U.S. Healthcare Capital Markets team announced that it advised on a medical outpatient building (MOB) acquisition by an undisclosed buyer.
Decatur Medical Plaza is a boutique urban MOB based in Decatur, Georgia. It is a 42,921 square foot MOB that is fully leased to an impressive roster of tenants including investment grade health system, Emory Healthcare (Moody’s: Aa2), and multiple private equity owned physician groups.
Decatur Medical Plaza is strategically located less than two miles from both Emory Decatur Hospital and the flagship Emory University Hospital. The MOB features prominent visibility within vibrant Downtown Decatur.
The transaction closed on December 30, 2024. The financial terms were not disclosed. This transaction closely follows another MOB acquisition that Colliers’ U.S. Healthcare Capital Markets advised on. The MOB is based in Athens, Georgia and comprises 36,678 square feet.
According to data in the LevinPro HC database, this transaction marks the 209th MOB acquisition of 2024, and the 13th in Georgia. In 2023, there were MOB transactions announced.
