January 2015

“Be sure you put your feet in the right place, then stand firm.”
– 16th President of the United States

Friday, May 27, 2011

MOB Johnson Ferry Market Report - 1Q2011

The Johnson Ferry medical submarket in Cobb County, Georgia is centrally located around the intersection of Johnson Ferry Road -a primary north/south artery, and State Route 120 that connects east to the City of Roswell and west to the City of Marietta. There are 11 medical office buildings (MOBs) with a total of 243,517 square feet in this suburban submarket of which Woodlawn Commons accounts for 74,032 square feet- 30% of the submarket.  One interesting dynamic in this submarket is the marketing of traditional office space which houses a blend of medical and non medical tenants but does compete for medical tenants.  This pseudo market accounts for approximately 1.2 million square feet in 131 buildings of which 215,000 square feet are vacant. 

Tuesday, May 3, 2011

MOB Woodstock Market Report - 1Q2011

Metro Atlanta - The Woodstock medical submarket is located centrally around the intersection of I-575/Canton Road corridor and Hwy 92 in north Cobb and Cherokee County, Georgia.   There are 21 medical office buildings (MOBs) with a total of 537,274 square feet in this suburban submarket – part of the larger Northwest Atlanta submarket with 99 MOBs totaling 3.6 million square feet.   The nearest hospitals are Northside Hospital-Cherokee (84 certified beds), approximately 12 miles north and Wellstar Kennestone Hospital (633 certified beds), approximately 12 miles south.