ATLANTA—Acworth Medical Complex, a 39,000-square-foot medicaloffice building in the Atlanta suburb of Acworth, has traded hands.American Healthcare Investors and GriffinCapital, co-sponsors of Griffin-AmericanHealthcare REIT III, acquired the healthcare real estatefor $6.545 million.

“Acworth Medical Complex is affiliated with two of Atlanta'smost prestigious hospital systems in Emory and Northside,” saysDan Prosky, a principal of American HealthcareInvestors and president and COO of Griffin-American Healthcare REITIII. “Additionally, it is both an attractive and modernmedical office building, having undergone a comprehensiverenovation in 2009.”

Located at 4769, 4791 and 4797 South Main Street, AcworthMedical Complex is about 83% leased to four tenants. EmorySpecialty Associates, a wholly owned subsidiary of EmoryHealthcare, Northside Hospital, and Eldercare Pharmacy have lockeddown 69% of the space through June 2010. Medical services likepharmacological, nursing, cardiac imaging, and cancer care areprovided at the medical office complex.

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