Old Milton Medical 25

INVESTMENT OVERVIEW
The equity investment offering to the value of $4,6 million is available, to be employed to acquire real estate called Old Milton Medical 25, located in North Atlanta, United States. The investment is available to investors from as little as $5,000.

Built in 1986 for Siemens’s “Energy & Automation” regional headquarters, this 5-story facility is a 114,357 sf, class “A” office building sitting on 10.42 acres. The base building is solid concrete, features loading docks, a generator that can operate the building for 28 days and incorporates high end interior finishes such as Jerusalem sandstone.

The Campus will include four medical office buildings, four parking decks, independent and assisted living facilities with Wellness or Retail centers. The building has been converted into a 114,357 sf “state-of-the-art” medical office building, featuring the latest in GammaPod, hyperbaric, pain management, plastic surgery and imaging technologies. Six of the tenants will feature Ambulatory Surgical Centers within their space.

Located in one of Atlanta’s most affluent, high growth corridors, typified by golf course communities, high end retail and class “A” office parks, many of which are anchored by Fortune 500 companies.

Northside Hospital’s Alpharetta campus was developed by the property partner for the hospital. Northside Hospital is one of Georgia’s leading healthcare systems, is a dominant provider in the market and has historically enjoyed a Moody’s “A3” credit rating, has no public debt.

The buildings are 100% leased with a weighted averaged lease term of 17,96 years. The developer is very experienced and well established with more than 40 years of successful history. They have also developed approximately 4 million sf of medical offices, including numerous buildings for the Northside Hospital system.




MARKET OVERVIEW

Atlanta, Georgia is the capital city of Georgia and is recognized as an international gateway that is also an emerging Tier 1 technology hub and the established economic engine of the Southeast.

The metropolitan area is made up of 29 counties spanning 22,592 square kilometers. Metro Atlanta is one of the fastest growing metros in the U.S. and has the 10th largest metro economy in the U.S. as measured by Gross Metro Product (GMP). The area is home to 5.9 million people and more than 150,000 business establishments.

The Southeast’s population is 83.7 million, and its economy is the largest of all U.S. regions. Gross Domestic Product (GDP) in the Southeast measured $4.1 trillion in 2017.

While Atlanta’s quality-of-life characteristics have historically proven to be a primary draw for immigration, tremendous job growth from relocating and expanding companies has been particularly impactful during this expansion cycle with more than 400,000 net new jobs added in the last five years.

Diversified and substantial investment from corporations and state and local governments make Atlanta an incredible place to do business. As further proof that Atlanta is a mainstay of global commerce, this fast-growing metropolis is also hosting to the busiest airport in the world, Hartsfield-Jackson International Airport servicing more than 100 million passengers per year.

As the economy remains in expansion mode, Fortune 500 businesses continue to focus on streamlining their operations in regions with lower operating costs and a well-educated, growing labour force. This talent pool coincides well with Atlanta’s prime location within a short-flying distance of a clear majority of US population centers. Atlanta’s concentration of highly-educated professionals will continue to make the area a preferred destination for corporate relocations and expansions.