Piedmont Healthcare, one of the largest health systems in the South, occupies nearly two-thirds of this 9-story, 257,528 square foot building in the vibrant Buckhead/Midtown area of Atlanta. The asset is a critical component of Piedmont’s delivery model, allowing the health system to place a state-of-the-art cancer center, surgery center, and other major services away from its highly trafficked flagship hospital 1.2 miles away. The property features a retail component and 1,025-space parking garage that provides convenient access to all floors. The asset won BOMA International’s 2012 TOBY® Award and has proven popular with patients and tenants alike.
Remedy purchased the property from the original developer and plans to break ground in 2021 on Phase II of the medical park, which will include a 6-story, 150,000 square foot medical office building and 6-story parking garage. Thanks to its positive experiences at this and other properties in Atlanta, Piedmont has formed a programmatic development partnership with Remedy, starting with an on-campus medical office building in Newnan, Georgia.
Transaction Date: June 2013
from contract to closing
winner BOMA 2012