ATLANTA, Aug. 15, 2024 — SK Commercial Realty has successfully sold a fully-leased medical office building located at 4025 Johns Creek Parkway in Suwanee, GA 30024. The 44,375 square foot property was sold for $17,150,000.
The buyer, Remedy Medical Properties, acquired a strategic asset housing well-known tenants such as Resurgens Orthopaedics, Atlanta Allergy & Asthma, and Marietta Eye Clinic. The seller of the property was SKRO, LLC, a joint venture partnership composed of physicians from both Resurgens Orthopaedics and Marietta Eye Clinic as well as principals from SK Commercial Realty.
4025 Johns Creek Parkway underwent a complete renovation in 2023, overseen by SK Project Consulting. After the renovation, Resurgens Orthopaedics leased roughly half of the building’s space. The remaining space was quickly leased by Atlanta Allergy & Asthma, who took over 6,000 square feet, and Marietta Eye Clinic, who took over 14,000 square feet.
“We are excited to have been involved in this transaction,” said Tom Kirbo, President at SK Commercial Realty. “The sale of this property shows a strong demand for well-leased medical space in the Johns Creek area.”
Kirbo also noted that Remedy Medical Properties, based out of Chicago, has a strong track record in managing healthcare properties and is confident in the company’s ability to continue serving the local community.
Prior to the sale to Remedy, the property was managed by SK Property Management.
“It’s exciting to see how SK created value for this property,” Kirbo continued. “Through a comprehensive renovation plan and expert management, we were able to lease and then ultimately sell this asset, setting ownership up for success.”
The sale, completed on July 24, 2024, highlights SK Commercial Realty’s commitment to delivering exceptional service and results. This transaction marks a significant milestone for both the seller and the buyer, reinforcing the vibrant commercial real estate market in Johns Creek.
SKRO, LLC, was represented by Michael Lipton and Andrew Walker of Colliers Atlanta. Remedy Medical Properties did not have a representative.
For more information about this sale or to inquire about other opportunities, please contact SK Commercial Realty at 404.252.1200. Browse all available properties, view market reports, and more on .
SK Commercial Realty is a full-service commercial real estate firm in Atlanta, Georgia, that has over $3 billion in transactional volume across the Southeast. SK Commercial Realty offers leasing and sales services for healthcare, office, industrial, and land properties, as well as tenant representation, property and asset management, project consulting, and investments. SK Commercial Realty has been awarded for being one of the Cobb Chamber of Commerce’s top companies and one of the Atlanta Business Chronicle’s Best Places to Work. For more information please call 404-252-1200 or visit the company’s website at skcr.com.
Media contact:
Claire Blevins
Marketing Director
404.252.1200
SOURCE SK Commercial Realty