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December 18, 2012

Ackerman breaks ground on 60,000 SF MOB in Stockbrige, GA

Atlanta, December 18, 2012 – John Willig, principal of Ackerman Medical at Ackerman & Co., gave the order to start the construction of the company’s newest medical office building, Henry Physician Center, last Friday. The new gateway to Piedmont Henry Hospital, a 60,000-square-foot medical office building, will be located at the entrance of the hospital’s campus, at the corner of Eagle’s Landing Parkway and Rock Quarry Road. It will serve the expanding medical needs of Henry County residents and accommodate the demand of growing physician practices seeking to locate on the new Piedmont Henry Hospital campus.

The $11 million, three-story, Class “A” building, set to open October 2013, is already 60% leased: anchor tenants, Piedmont Healthcare, has taken 15,000 square feet of space on the second floor and OrthoAtlanta, has secured the entire third floor (20,000 square feet).

The well-attended official ground-breaking ceremony included: Charles Scott, CEO, Piedmont Henry Hospital; Jeff Cooper, COO, Piedmont Henry Hospital; Dr. Todd Schmidt, OrthoAtlanta; and Michael Ochal, OrthoAtlanta, among others.

Henry Physician Center is being privately developed and is owned by a venture of Ackerman Medical, Commercial Assets Group and local physicians on long-term ground lease. Henry Physician Center is now leasing. Mike Tallant, from Commercial Assets Group, and John Willig represent the property.

– About Ackerman & Co. –

Headquartered in Atlanta, Ackerman & Co. is a privately held, full-service commercial real estate firm focused on providing quality investment, brokerage, management and development services in the Southeast. The company, founded in 1967, retains an expert team of more than 100 real estate professionals. To date, Ackerman & Co. has developed and acquired more than 30 million square feet of office, medical, retail and mixed-use space, has nearly 4 million square feet under management, and maintains an investment portfolio valued at $750 million.

The company’s healthcare division, Ackerman Medical, has developed more than 1 million square feet to date and has more than 5 million square feet of active medical listings.

For more information on Ackerman & Co., visit www.ackermanco.com

– About Commercial Assets Group –

Commercial Assets Group has been in existence since 1996. The company’s principals and associates have a combined industry experience exceeding 80 years. Commercial Assets Group and its partners have developed more than 800,000 square feet of retail and office properties. The firm has managed, leased and developed medical office properties since its inception.

For more information on Commercial Assets Group, go to www.commercialassetsgroup.com