Cleveland, OH – February 14, 2017 – Brown Gibbons Lang & Company (BGL) is pleased to announce the sale of Riverbend Medical Center, located in Rome, GA. BGL’s Healthcare Investment Sales team served as the exclusive advisor to the sellers in the transaction.
Riverbend Medical Center (the “Property”) consists of 41,000 square feet and is located in a regional medical hub of healthcare providers serving northwest Georgia, approximately 65 miles northwest of Atlanta. Completed in 2008 as a build-to-suit for the anchor tenant, Northwest Georgia Medical Clinic (“NGMC”), the Property is conveniently located in proximity to Floyd Medical Center, a 304-bed acute-care hospital where the physicians of NGMC perform inpatient procedures, newborn deliveries, and maternity care. In addition to NGMC, the 100% leased Property is also occupied by Atlanta Allergy & Asthma, Children’s Dental Center, Quest Diagnostics, and Harbin Clinic.
Brown Gibbons Lang & Company is a leading independent investment bank serving the middle market. BGL specializes in mergers and acquisitions advisory services, debt and equity placements, financial restructuring advice, and valuations and fairness opinions, with global industry teams in Business Services, Consumer & Retail, Environmental & Industrial Services, Healthcare & Life Sciences, Diversified Industrials, Metals & Metals Processing, and Real Estate. BGL has offices in Atlanta, Chicago, Cleveland, Denver, Philadelphia, San Antonio, and San Diego in addition to Global M&A partner offices in more than 50 countries across 5 continents. BGL is able to deliver to our clients unparalleled access to strategic relationships, investors, and opportunities globally. For more information, please visit www.bglco.com.