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Medical Office

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615 Peachtree Street Northeast

Updated Aug 3, 2026

SOLDMedical Office

Leah Ward Sears Of Emory University Acquires Medical Office In Atlanta For $82 Million

615 Peachtree Street Northeast

$82,000,000

$762/SF

Building Size

107,500 SF

Asset Type

Medical Office

Closing

Jul 31, 2026

About this deal

AI

The property asset involved in the transaction is a medical office building located at 615 Peachtree Street Northeast in Atlanta, GA. The asset encompasses 107,500 square feet and spans an area of 2 acres. The sale price for this property was $82,000,000, translating to a price per square foot of $763.

Summary of transaction details:

  • Property Type: Medical Office
  • Transaction Amount: $82,000,000
  • Sale Date: 07/31/2026
  • Buyer: Leah Ward Sears - Emory University
  • Seller: Georgia ProtonCare Center
  • Square Footage: 107,500
  • Price per Square Foot: $763
  • Market: Atlanta, GA
  • Acres: 2

Leah Ward Sears represented Emory University in this acquisition, securing Georgia’s only proton therapy center while expanding Emory Healthcare’s footprint in the region. The seller, Georgia ProtonCare Center, was involved in the transaction following its Chapter 11 bankruptcy filing, highlighting a significant shift in the local medical office landscape amidst current market trends.

Players

Leah Ward Sears

Emory University

Buyer
Buyer

Peachtree Medical Office Market Snapshot

Boundary boundary · Medical Office · Sale transactions

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Deal FAQ

About $762 per square foot on a published $82M for 107,500 square feet (2026).

Visit Emory University to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.19%

Cash-on-Cash

-0.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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