103,000 Square Foot Class A Facility Anchored by Northside Hospital System
Chicago, IL, June 03, 2026 – Harrison Street Asset Management (“HSAM”), a leading alternative global investment management firm with over $109 billion in assets under management through highly differentiated assets across infrastructure, real estate and credit strategies, announced the acquisition of Northside East Cobb Medical Center, a 103,000 square foot Class A medical outpatient center in Marietta, GA. The property is 100% leased and anchored by Northside Hospital System, one of Georgia’s leading healthcare providers.
Webster Healthcare provided senior financing for the acquisition and planned tenant improvements associated with the property. Stonemont Financial Group partnered with HSAM on the transaction, which is the third property both firms have acquired together.
Located in the East Cobb submarket of Metro Atlanta, the property serves a growing and affluent population with strong long-term healthcare demand fundamentals. The facility offers a diversified mix of outpatient healthcare services and further expands HSAM’s healthcare real estate footprint across high-growth markets.
“East Cobb Medical Center aligns with our strategy of investing in high-quality, outpatient healthcare assets in fundamentally strong markets with sustained demand,” said George Ross, Managing Director and Head of Healthcare Transactions at Harrison Street Asset Management. “We are pleased to partner with Stonemont and Webster Healthcare on this transaction who share our conviction in the asset’s underlying fundamentals, health system relationship, and the value created through targeted ownership enhancements.”
Harrison Street Asset Management possesses substantial experience within the healthcare sector. Since its inception, the firm has acquired 391 healthcare delivery properties across North America, with a total investment of approximately $9.8 billion. The firm focuses on properties with leading design, technology, and energy standards, often working in direct partnership with leading health systems to deliver on next-generation healthcare infrastructure that meets the needs of system-backed hospital tenants.
About Harrison Street Asset Management
Harrison Street Asset Management is a leading global alternative investment management firm with over $109 billion in assets under management through highly differentiated assets across real estate, infrastructure, and credit strategies. Headquartered in Chicago, Toronto and London with over 600 employees in offices across North America, Europe, Asia and the Middle East, the firm offers innovative solutions across a variety of closed-end, open-end and specialized vehicles on behalf of 1,100+ institutional and over 300+ Registered Investment Advisors.1
1 HSAM data and descriptions of HSAM’s business are generally comprised of the aggregated data and business activities of investment advisors that are owned in whole or in part by HSAM. Assets under management (“AUM”) reflects the AUM for the investment advisory and asset management clients of such investment.
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