Sanders Capital Partners completes sale of Prima Center in Georgia

The $2.3 million acquisition solidifies the company’s position in the state.

The Prima Center for Plastic Surgery, recently acquired by Sanders Capital Partners LLC.

Sanders Capital Partners LLC has completed a sale-leaseback of the Prima Center for Plastic Surgery in Duluth, Georgia. The company says the $2.3 million acquisition further solidifies the company’s presence in Georgia.

Prima Center is a 9,200-square-foot surgery center in the high-traffic Peachtree Industrial Boulevard area.

“We are proud to be associated with Prima. Their talented physicians maintain an excellent reputation amongst their loyal client base, not just in Georgia, but throughout the country,” said Jackson Stewart, executive vice president and general counsel of Sanders Capital Partners.

The sale and leaseback were handled by Rance Sanders, who has been in real estate for more than 35 years as a founding member of sister company, The Sanders Trust. Both Sanders Capital Partners and The Sanders Trust are based in Birmingham.

Sanders Capital Partners develops and acquires retail centers, medical properties, strategic land and light industrial properties primarily throughout the southeastern and midwestern United States.

- Sponsor -

For more recent news regarding The Sanders Trust, visit here.

The latest Alabama business news delivered to your inbox