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Business

SG Property Services acquires medical buildings

By David Markiewicz
Dec 1, 2014

Atlanta real estate firm SG Property Services has acquired the Oak Hill Medical Portfolio, an eight-building, 70,000-square-foot portfolio that includes properties in Peachtree City, Blairsville and Newnan for $14.5 million.

“This portfolio was attractive because of its strong credit tenants and in place yield, as well as its potential for further development,” said Paul Shailendra, president of SG Property Services.

He noted that, “Newnan has seen substantial healthcare investment by virtue of the newly constructed Cancer Treatment Centers of America and Piedmont Newnan Hospital.”

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