Updated Aug 3, 2026
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
Peachtree Medical Office Market Snapshot
Boundary boundary · Medical Office · Sale transactions
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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