Medical office buildings in Georgia, Washington and Idaho trade for $22.5m

An entity managed by Platform Ventures has sold five, fully leased medical office properties totaling 72,158 square feet in Atlanta, East Point and Macon, Ga.; Pasco, Wash.; and Twin Falls, Idaho, for $22.5 million.

The new owner is Ridgeline Capital Partners.

The portfolio is 82 percent occupied by DaVita Dialysis, one of the largest providers of kidney-dialysis services in the United States, with a market share of 37 percent. The remaining square footage is leased by Southwest Atlanta Nephrology, a respected medical care provider in the area with referrals through DaVita Dialysis. The properties include:

All locations have been built or renovated in the past 15 years. Each building is in a dense retail corridor and benefits f