North Atlanta, Georgia – September 18th, 2023 – Crown MedRealty Partners (“CROWN“), a premier healthcare real estate firm headquartered in Kansas City, Missouri, is pleased to announce its recent acquisition of a single-tenant, net leased dermatology portfolio in the North Atlanta suburbs of Suwanee and Duluth
With a combined rentable area of approximately 16,757 square‐feet, these assets are fully occupied by Anne Arundel Dermatology (“AAD”) (Formerly North Atlanta Dermatology), a distinguished, full‐service dermatology provider with a wide‐reaching footprint across the Mid‐Atlantic region.
“We’re excited about our latest acquisition in Georgia, adding two best-in-class dermatology assets to Crown’s growing Southeast portfolio. Located in two key medical corridor’s and occupied by a top-tier tenant, this acquisition showcases our commitment to high-quality healthcare real estate,” said Chris Nordstrom, Acquisitions Associate at Crown MedRealty Partners. “It not only expands our growing footprint in Georgia but also highlights our commitment to investing in premier medical facilities that are fundamental to their local communities.”
The AAD portfolio acquisition adds to Crown’s expanding presence in Georgia; now owning and operating 15 assets across the state.
“We are pleased to acquire another exceptional MOB portfolio despite the current market challenges. Our confidence in the potential opportunities remains unwavering,” said Connor Childress, Director of Acquisitions at Crown MedRealty Partners. “It’s our forward-thinking vision that fuels our growth and reinforces our position as a leading figure in the healthcare real estate sector.”
Paul Zeman of Bull Realty represented the Sellers in this transaction.
About Crown MedRealty Partners
Crown MedRealty Partners, LLC, (“CROWN”) is a privately owned and vertically integrated commercial real estate firm who specializes and focuses exclusively on healthcare related real estate. Headquartered in Kansas City, Missouri, Crown provides its health system and physician partners with a full range of real estate services including investment and capital solutions, acquisitions, development, property sales, management and leasing. With north of $600 million in completed transactions of medical real estate to date, Crown’s managed portfolio presently includes 100+ properties totaling 1.5 million square feet and spans across 30 states nationwide.
As an industry leader in healthcare related real estate, we believe in thinking creatively, acting with integrity, adapting quickly, and taking a hands-on approach to every deal. If you would like to discuss your future partnership with CROWN, please contact our team at 816-878-6307