Atlanta & Southeast News In Your Inbox

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors


Atlanta & Southeast  + Atlanta Metro  + Healthcare  | 

Colliers Closes Sale of MOB Near Northside Hospital Cherokee

Colliers arranged the sale of a premier medical office building located at 1521 Hickory Flat Hwy. in Canton, GA. EVPs Michael Lipton and Josh Gregory represented the seller, a joint venture between several medical practices. The buyer, Northside Hospital, was represented by Charlie Dickhaus of Realty Trust Group, LLC. 

1521 Hickory Flat Hwy. is a Class A, 36,000-square-foot medical office building that was completed in 2021. It is one of two new MOBs built in the area, with easy access to I-575 and proximity to Northside Hospital Cherokee. The building is mostly leased by Northside Hospital, a hospital and healthcare company based in Cumming, GA. 

Lipton said the JV initially purchased 1495 Hickory Flat intending to build a second twin building. “The project quickly filled up with premier practices including Roswell OB/GYN, Heart & Vascular Care, North Atlanta Primary Care, Resurgens & Cleaver Dermatology.” Northside pre-leased most of 1521. 


Inside The Story

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

Step 1: Select Education
  • ◦Sale/Acquisition