On March 31, Brown Gibbons Lang & Company announced the sale of a Dermatology Associates of Georgia (DAG) medical outpatient building (MOB) portfolio. The buyer was TM Medical Properties, LLC.
The DAG portfolio has locations in Decatur, Suwanee and Monroe, Georgia. DAG offers a full range of medical, surgical, and cosmetic dermatology services. With four locations throughout the Atlanta metropolitan area, the group’s nine physicians specialize in medical procedures, including mole checks, skin cancer screenings and removals and Mohs micrographic surgery. In total, the portfolio comprises 26,277 square feet.
TM Medical Properties was formed in 2016 as the general partner to acquire and manage real estate properties in the $4-20 million price range leased to healthcare providers who are credit tenants in the Southeast.
Brown Gibbons Lang & Company served as consultants to DAG in the transaction. Terms were not disclosed.
According to data in the LevinPro HC database, this marks the 49th MOB transaction of 2025. In the first three months of 2024, there were 48 MOB acquisitions reported. This also marks the third transaction that Brown Gibbons Lang & Company has advised on in the healthcare industry since the start of 2025.
