Case Study
MEDCENTER MEBANE
RealtyTrustGroup.com © 2020 RTG. All rights reserved. Client Reference HIGHLIGHTS CASE STUDY Realty Trust Group (“RTG”) represented Cone Health in acquiring the balance of the partnership interests in MedCenter Mebane, a 68,206 square foot strategic asset, which was owned in an LLC. The MedCenter was originally developed by a public REIT in conjunction with Alamance Regional Medical Center (which later merged with Cone), and the REIT maintained the managing member status in the LLC. Cone clinical services in the building included a surgery center, imaging, lab, urgent care and physician office space. The MedCenter was originally constructed in 2008, but was only about 80% occupied at the time Cone decided to attempt to acquire the other interests in the LLC. However, the MedCenter