Colliers office brokerage team members Brantley Anderson, CCIM, Taylor Allen, SIOR, CCIM and Bailey Tollison represented AMRA Partners in the purchase of 8 Memorial Medical Drive, a 22,786-square-foot medical office building. This will be AMRA’s second medical office investment in the Upstate.
“This sale is representative of the demand for medical office product for investors, especially in an area like Upstate South Carolina that is seeing tremendous economic and population growth,” said Bailey Tollison, Brokerage Associate | Offices Services in Colliers’ Greenville office. “AMRA has identified a growing need for medical office product nationally and has strategically chosen Upstate South Carolina as one of their target markets. We were fortunate to find an off-market opportunity and represent AMRA in the purchase of their second medical office investment property in the area.”
8 Memorial Medical Drive is located less than a mile from Prisma Health Greenville Memorial Hospital, Shriners Hospital, Prisma Health Cancer Institute and the new VA clinic on Grove Road and is surrounded by several independent practices just off Interstate 185. The property is primarily occupied by PathGroup, an industry leader in providing comprehensive anatomic, clinical and molecular pathology services.
“The Colliers team works with diligence and professionalism during a transaction by delivering thorough property-level information and providing market resources on behalf of their client,” said AMRA’s Managing Partner. “We feel grateful to have received a full commitment from Colliers team to perform in this challenging economic climate.”
Anderson, Allen and Tollison are members of the Colliers office brokerage team, specializing in landlord and tenant representation throughout the Greenville-Spartanburg market of South Carolina.
Colliers | South Carolina has over 145 staff members, including 62 licensed real estate professionals, covering the entire state with locations in Charleston, Columbia, Greenville and Spartanburg. Total 2021 brokerage volume exceeded $1 billion, which included over 590 sales and leasing transactions. In addition to traditional commercial real estate representation services for our clients, the company is actively engaged in Corporate Solutions and Healthcare Services. Colliers is an Accredited Management Organization (AMO) through the Institute of Real Estate Management (IREM) and is the largest manager of commercial real estate properties in South Carolina, with a portfolio of over 17 million square feet of office, industrial, retail and healthcare properties. Colliers’ staff hold 54 professional designations, the most of any firm in South Carolina. Colliers | South Carolina’s partner, LCK, provides project management services for new facilities and renovations across South Carolina and set a new record by managing a portfolio of projects approaching $1 billion in volume during 2021.
Colliers (NASDAQ, TSX: CIGI) is a leading diversified professional services and investment management company. With operations in 62 countries, our more than 17,000 enterprising professionals work collaboratively to provide expert advice to real estate occupiers, owners and investors. With annualized revenues of $4.3 billion and $65 billion of assets under management, we maximize the potential of property and accelerate the success of our clients and our people. Learn more at corporate.colliers.com, Twitter @Colliers or LinkedIn.