Dr. Patrick Frias Of Children’s Healthcare Of Atlanta Acquires Office Complex For $68.5M From Boyd Simpson
5775 Peachtree Dunwoody Road
$68,500,000
Building Size
—
Asset Type
Office
Closing
Sep 9, 2026
About this deal
AI
The property involved in this transaction is the Peachtree Dunwoody Pavilion office complex located at 5775 Peachtree Dunwoody Road in Sandy Springs, GA. It spans 18 acres and was sold for $68.5 million. The transaction includes the development rights associated with the property.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $68,500,000
- Buyer: Dr. Patrick Frias - Children’s Healthcare of Atlanta
- Seller: Boyd Simpson - The Simpson Organization
- Date of Sale: 09/09/2026
Dr. Patrick Frias, representing Children’s Healthcare of Atlanta, is the buyer of the property, while Boyd Simpson of The Simpson Organization served as the seller. The acquisition aligns with Children’s Healthcare of Atlanta’s long-term expansion plans, although specific redevelopment plans for the site have not been determined yet.
Players
Sandy Springs Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.23%
Cash-on-Cash
-0.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93