Marcus & Millichap Arranges The Sale Of A 19,500 SF Multi-Tenant Medical Office

2/12/19

Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of DaVita Medical Office, a 19,500-square foot net-leased property located in Decatur, GA, according to Michael J. Fasano, Regional Manager of the firm’s Atlanta office. The asset sold for $3,825,000.

Korey Prefontaine, Paul Johnson, and Bob Johnson, all Senior Associates in Marcus & Millichap’s Atlanta office along with Brett Buchwald of Ackerman Co. had the exclusive listing to market the property on behalf of the seller, a private investor. The buyer was an individual/personal trust that is based in California.

DaVita Medical Office is located at 2485 Park Central Blvd in Decatur, GA. This 100% leased location is anchored by DaVita with Southwest Atlanta Nephrology and The Progressive Dental Group also occupying space in the building.

About Marcus & Millichap (NYSE: MMI)

With over 1,800 investment sales and financing professionals located throughout the United States and Canada, Marcus & Millichap is a leading specialist in commercial real estate investment sales, financing, research and advisory services. Founded in 1971, the firm closed over 9,000 transactions in 2017 with a value of approximately $42.2 billion. Marcus & Millichap has perfected a powerful system for marketing properties that combines investment specialization, local market expertise, the industry’s most comprehensive research, state-of-the-art technology, and relationships with the largest pool of qualified investors. To learn more, please visit: www.MarcusMillichap.com

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