CBRE U.S. Healthcare and Life Sciences Capital Markets iannounced the sale of the Southeast Gateway Medical Office Portfolio (the “Portfolio” or alternatively, the “Properties”).
Lee Asher, Chris Bodnar, Jordan Selbiger and Ryan Lindsley partnered with Morgan Hillenmeyer from CBRE Nashville Investment Properties and Patrick Gildea with CBRE Carolinas Investment Properties to act as the seller’s exclusive advisors.
The Portfolio consists of eleven (11) medical office properties located in some of the most desirable markets in the Southeastern US. The Properties are concentrated within the Atlanta, Nashville and Charlotte MSAs and benefit from the exceptional, high-growth demographic trends that define the region.
The Portfolio is 95% leased with a roster of tenants that is 69% composed of health systems and credit quality physician groups, representing a diverse mix of clinical specialties. Health system tenants within the Portfolio include Piedmont Healthcare (Moody’s ‘A1’), NorthsideHospital,WellStar Health System (Moody’s ‘A2’), Emory Healthcare (Moody’s ‘Aa2’), Children’s Healthcare of Atlanta (Moody’s ‘Aa2’), Vanderbilt Health (Moody’s ‘Aa3’), TriStar Medical Group / HCA (Moody’s ‘Baa3’), U.S. Department of Veteran Affairs, Atrium Health (Moody’s ‘Aa3’), and Novant Health (Moody’s ‘Aa3’).