SK Commercial Realty announces today a partnership led by Dallas, Texas based Caddis Healthcare Real Estate has purchased a 35,450 SF medical office building, 660 Cherokee Street, Marietta, GA. The buyer is 660 Cherokee ICJV, LLC.
The building, 660 Cherokee, was completed in September. Piedmont Healthcare, Inc. leased 100% of the building and started seeing patients on October 1, 2020. Piedmont is providing Primary Care, Pulmonology and Cardiology medical services at 660 Cherokee Street with plans to add additional services in the near future.
“Coming off of the heels of developing and selling 620 Cherokee in January 2020, the successful development, leasing and sale of 660 Cherokee further proves that our strategy of creating value for our investors is solid,” said SKCR Principal Tom Kirbo, who oversaw the development and ownership of the project. “We have been bullish on the Kennestone Hospital district for many years and look forward to more successful healthcare projects in this and other markets in the near future.”
SK Commercial Realty, a commercial a real estate development, brokerage and investment firm located in Atlanta, Georgia
About SK Commercial Realty
With offices at 900 Circle 75 Parkway in Atlanta, SK Commercial Realty has approximately 3 million square feet of space under lease and management, including: Circle 75 Office Park, Perimeter Crossing, Paces Pavilion, Mansell Three, Doctors Center Four at Emory/Saint Joseph’s Hospital, Hartsfield Center, and The Commons at Lake Hearn. along with properties in Texas and Florida.
SK Commercial Realty is a full-service commercial real estate firm located in Atlanta, Georgia. SK Commercial Realty offers office and healthcare brokerage, investment sales, project consulting, and property and asset management. For more information please call 404-252-1200 or visit the company website at www.skcr.com