Suburban Medical Complex Sells for $11M

MARIETTA, GA-Roberts Commercial Real Estate Services has facilitated the sale of the 47,880-sf Woodlawn Commons I and 12,359-sf Woodlawn Commons II buildings in this Atlanta suburb. Both buildings were a part of the medical/dental complex located at 1121 Johnson Ferry Road in the upscale East Cobb County community.

The medical professional buildings were previously owned by two separate entities. The new owner plans to operate the properties as one park, according to Roberts CRE, based in Alpharetta.

In the sale of Woodlawn Commons I for $9.2 million, Brad Inglesby and Gil Russell of Roberts CRE represented the seller, Woodlawn Commons LLC. In the $2.4-million sale of Woodlawn Commons II, Howard Workman of Workman & Co. seller East Cobb Partners. John Harrison of Roberts Commercial represented the buyer in both transactions, known as Woodlawn Commons Medical Complex LLC, backed by a real estate investment company from Florida.