Gwinnett Center for Specialty Medicine II

Lawrenceville, Georgia - 20,000 SF
Category
Exited
About This Project

Diagnostic Ventures seized the momentum created by the successful leasing of Gwinnett Center for Specialty Medicine I to kick off a second phase. Unlike the Phase I building, Phase II began with no prelease commitments. Diagnostic Ventures had committed to the Phase I physician partners that they could participate in the next development if desired. This proved to be a very good policy as involvement of the Phase I physician partners was responsible for generating a host of prospective tenants. The building reached 100% occupancy within a short period following its construction, direct relationships accounted for all but one of the tenants. As with the Phase I building, highly competitive lease terms and the outstanding location created excellent value for the tenants. Phase II was sold along with Phase I.

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