ATLANTA, GA— Matthews™, a commercial real estate investment services and technology firm, completed the sale of a two-property veterinary hospital portfolio, located at 2355 Cedarcrest Rd. in Acworth, Georgia, and 3180 Acworth Due West Rd NW in Kennesaw, Georgia. Matthews™ Associate Cameron Davodi, Senior Vice President & Director Andrew Evans, and Senior Vice Presidents & Senior Directors Michael Moreno and Rahul Chhajed represented the seller in the $6,400,000 transaction.

 

The sale consisted of two veterinary hospitals totaling approximately 25,000 square feet with 12-year NNN leases, both leased to one of the nation’s largest and most reputable veterinary networks.

 

The Matthews™ agents leveraged their deep industry relationships to bypass a traditional bidding process while still creating a highly competitive environment, generating more than 10 offers within the first few weeks of marketing the assets. With a strong corporate tenant, long-term leases, and well-established locations in affluent Atlanta suburbs supported by consistent demand for veterinary services, the portfolio closed at 99.6% of list price.

 

“This closing highlights the strength of the veterinary real estate sector,” Davodi said. “High-quality assets with durable tenancy, long lease terms, and proven site fundamentals continue to attract outsized investor demand and command aggressive pricing, especially within the recession-resistant healthcare space.”

 

For more information, please contact Cameron Davodi, Andrew Evans, Michael Moreno, and Rahul Chhajed or visit www.matthews.com.

 

About Matthews™

Matthews™, a commercial real estate investment services and technology firm, holds recognition as an industry leader in investment sales, leasing, and debt and structured finance. Based out of Nashville, TN, and strategically positioned with over 1,000 agents and employees in 30 offices across the United States, Matthews™ continues to focus on expansion into new markets. For more information, please visit www.matthews.com.