Monday, February 14, 2011

Childress Klein Picked to Lease, Manage Terrace Park

Firm Marketing Class A Medical Office Building in Gwinnett County

ATLANTA, GA (Feb. 14, 2011) – Childress Klein Properties announced today it has taken over leasing and management of Terrace Park Medical Center (top left photo) , a medical office building one block south of Gwinnett Medical Center (top right photo).

An affiliate of Wells Fargo hired Childress Klein for the assignment, according to Gordon Buchmiller (middle left photo), managing partner of the firm’s Atlanta office. Terrace Park is a Class A medical office building completed in 2007.

The new assignment expands Childress Klein’s presence in the development, management and leasing of medical office buildings and healthcare industry properties.

In Atlanta’s North Fulton submarket, Childress Klein developed Preston Ridge Commons (middle right rendering) medical office condominiums and manages Jackson Healthcare’s building on Northwinds Parkway.

The assignment also reflects Childress Klein's growing role in the management and leasing of bank-owned properties.

Terrace Park is a three-story, 130,000-square-foot building at 771 Old Norcross Road. The building is about 50 percent leased.

“Terrace Park’s location, high-quality finishes and proximity to Gwinnett Medical Center make it an attractive option for physician practice groups and healthcare companies,” Buchmiller said.

Terrace Park is a state-of-the-art medical office building that can accommodate small and large practice groups and companies that work with and serve them. The building offers abundant surface parking for patients and tenants and reserved parking for physicians.

Contact: Tony Wilbert, Wilbert News Strategies, 404-888-3091,

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