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Colliers Turley Martin Tucker Closes $122 Million Investment Sale
Colliers Turley Martin Tucker, 2009-08-13
by Flannery Higgins

Cincinnati, OH

Two of Colliers Turley Martin Tucker’s (CTMT’s) premier investment sales teams recently collaborated to close a $122,000,000 investment sale in June. John E. Huguenard, SIOR, CCIM of CTMT Indianapolis and Thomas M. Powers, SIOR, CCIM of CTMT Cincinnati successfully represented Novant Health in the sale-leaseback of their 22-building medical office portfolio located in Winston-Salem and Charlotte, NC. CGRE Holdings, a private investment group, purchased the portfolio. Novant Health is a not-for-profit, integrated healthcare system serving regions such as Virginia, North Carolina, and South Carolina, to name a few. Novant employs 26,000 people and has approximately 1,100 physicians in its medical group. Novant Health and its staff received the highly prestigious President's Award for commitment to service excellence for patients, physicians and employees. The President's Award is the highest recognition presented to only one healthcare organization in the nation each year by Professional Research Consultants (PRC), a nationally known healthcare research company.

About Colliers Turley Martin Tucker

Colliers Turley Martin Tucker has consolidated its ownership structure with, Cassidy & Pinkard Colliers, Colliers Pinkard, and Colliers ABR, forming a holding company that is one of the largest commercial real estate service firms in the U.S. In 2008, the consolidated entity completed more than $9.2 billion in worldwide transactions, including over $3.5 billion in capital markets transactions, and managed more than 335 million square feet of real estate. The Corporate Solutions division supports more than 22,000 locations for Fortune 1,000 companies and delivers a new location “Every 80 Minutes.” Colliers International is ranked as one of the 2009 World’s Top 100 outsourcing service providers by International Association of Outsourcing Professionals, IAOP Top 100. For more information about Colliers International, a worldwide affiliation of independently owned and operated companies, visit www.colliers.com.

Contact Information

Flannery Higgins: fhiggins@ctmt.com

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