ATLANTA—Acworth Medical Complex, a 39,000-square-foot medical office building in the Atlanta suburb of Acworth, has traded hands. American Healthcare Investors and Griffin Capital, co-sponsors of Griffin-American Healthcare REIT III, acquired the healthcare real estate for $6.545 million.

“Acworth Medical Complex is affiliated with two of Atlanta's most prestigious hospital systems in Emory and Northside,” says Dan Prosky, a principal of American Healthcare Investors and president and COO of Griffin-American Healthcare REIT III. “Additionally, it is both an attractive and modern medical office building, having undergone a comprehensive renovation in 2009.”

Located at 4769, 4791 and 4797 South Main Street, Acworth Medical Complex is about 83% leased to four tenants. Emory Specialty Associates, a wholly owned subsidiary of Emory Healthcare, Northside Hospital, and Eldercare Pharmacy have locked down 69% of the space through June 2010. Medical services like pharmacological, nursing, cardiac imaging, and cancer care are provided at the medical office complex.