STATESVILLE, NC—JLL Capital Markets has closed the $16.6 millionsale of The Piedmont Healthcare Medical Office Campus, afive-building, 91,844-square-foot medical office campus here. JLLrepresented the seller, SMG Leasing Associates, LLC, a real estategroup comprising present and former Piedmont Healthcare physicians,and procured the buyer, a healthcare REIT.

The Piedmont Healthcare Medical Office Campus is currently 93.6%leased and home to Piedmont HealthCare, one of the largestphysician-owned and directed multi-specialty medical groups inNorth Carolina and the Southeast. The group has locations acrossthe market and retains top market share in the region. Thefive-building medical office campus serves as Piedmont's largest,all-in-one location, supporting numerous specialties, includingpediatrics, dermatology, internal medicine, endocrinology, urology,pulmonology and more.