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Valsad Properties has sold the medical office building at 6025 Professional Parkway in Douglasville, GA for $7.2 million.

MOB Chock Full of Clinical Tenants Sells for $7M in Douglasville

CBRE has completed the $7.2-million sale of 6025 Professional Parkway, a three-story medical office building in Douglasville, GA.

Lee Asher, Chris Bodnar, Jordan Selbiger, Ryan Lindsley, Sabrina Solomiany, Zack Holderman and Jesse Greshin with CBRE represented the seller, Georgia-based Valsad Properties.

This 21,535-square-foot building is located on the campus of Wellstar Douglas Hospital, a 102-bed acute-care facility located 20 miles west of downtown Atlanta. It is 97% leased to six clinical tenants.

Village Medical, a national healthcare provider with over 200 locations, anchors the building, comprising approximately 41 percent of the rentable area for a primary care practice with five providers. Other specialties offered at the property include diagnostic imaging, orthopedics, pulmonology, nephrology and sleep medicine.

“This transaction exemplifies investor preference for on-campus medical office product,” said Selbiger. “We were able to exceed our client’s pricing expectations through an abbreviated marketing process that brought in offers from multiple qualified investors.”


Inside The Story

CBRE's Selbiger

About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.

  • ◦Sale/Acquisition