Kaiser Permanente Acquires 7 Acres Medical Office In Atlanta For $31.5M From ANiMAL

Kaiser Permanente has acquired a medical office asset located at 550 Hank Aaron Drive & 41 Fulton Street Southeast in Atlanta, GA. The transaction involved the purchase of 7 acres of land for a price of $31,500,000. The site includes a former parking lot used by the Braves and is situated across from Georgia State University’s planned baseball stadium.

Summary of transaction details:

• Property Type: Medical Office
• Transaction Amount: $31,500,000
• Buyer: Kaiser Permanente
• Seller: ANiMAL
• Acres: 7
• Market: Atlanta, GA

This purchase is described by Kaiser Permanente as a long-term investment aimed at enhancing access to care in the community. The involvement of both ANiMAL as the seller and Kaiser Permanente as the buyer highlights key players in this significant real estate transaction.