Ridgeline Capital Partners Acquires Medical Office Portfolio For $22.5M In Atlanta, East Point, Macon, Pasco, And Twin Falls
3620 Martin Luther King Jr Drive Southwest, 2669 Church Street & 2494 Second Street, 6825 Burden Boulevard; 6825 Burden Boulevard & 582 North Pole Line Road
Summary
A medical office located at 3620 Martin Luther King Jr. Dr. SW, 2669 Church St, and 2494 Second St in Atlanta, East Point, and Macon, GA, along with 6825 Burden Blvd and 582 N. Pole Line Road in Pasco, WA and Twin Falls, ID, has been sold in a transaction. The property encompasses a total of 72,158 square feet and was sold for a price of $22,500,000, resulting in a price per square foot of $312. The sale was facilitated by Brannan Knott, Alex Sharrin, Alex Geanakos, Jeffrey Cicurel, and Will Bowater of JLL, representing the buyer Ridgeline Capital Partners, LLC, and the seller Platform Ventures.
Summary of transaction details
- Property Type: Medical Office
- Transaction Amount: $22,500,000
- Square Footage: 72,158
- Price per Square Foot: $312
- Address: 3620 Martin Luther King Jr. Dr. SW, 2669 Church St, and 2494 Second St, Atlanta, East Point, and Macon, GA; 6825 Burden Blvd and 582 N. Pole Line Road, Pasco, WA and Twin Falls, ID
- Market: Atlanta, East Point, and Macon, GA; Pasco, WA and Twin Falls, ID
The transaction involved the buyer, Ridgeline Capital Partners, LLC, and the seller, Platform Ventures. Brannan Knott, Alex Sharrin, Alex Geanakos, Jeffrey Cicurel, and Will Bowater from JLL represented both parties in the deal.
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