Wellstar Health Systems Acquires Marietta, GA Office Building For $41.3M

The office property located at 1800 Parkway Place in Marietta, GA was recently sold in a transaction on October 18, 2022. The property spans a total area of 229,390 square feet and was sold at a price of $41,300,000, resulting in a price per square foot of $180.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $41,300,000
• Address: 1800 Parkway Place, Marietta, GA
• Market: Marietta, GA
• Buyer: Wellstar Health Systems
• Square Footage: 229,390
• Price Per Square Foot: $180

Wellstar Health Systems, a prominent healthcare organization, acted as the buyer in this transaction. Their acquisition of the office property showcases their continued growth and investment in the Marietta, GA market.