Land deal could give CTCA additional 74 acres in Newnan

alt

The 74.6 acres of property involved in the Newnan land deal is located next to the Cancer Treatment Centers of America’s southeastern regional medical campus. The hospital is the cleared area at bottom right along I-85. At top right is Ashley Park. 


Batson-Cook Realty LLC has brokered a 74.6-acre land deal in Newnan that could give Cancer Treatment Centers of America an additional 74.6 acres contiguous to its southeastern regional medical campus.

In the recently-announced transaction, which closed June 26, Batson-Cook Realty represented seller Newnan Crossing Partnership. Georgia Healthcare Properties LLC was the buyer, the same entity which purchased the initial land on which Cancer Treatment Centers of America built its Southeastern Regional Medical Center near Newnan Crossing Bypass on Parkway North.

Terms of the deal were not being disclosed.

Batson-Cook Realty President Andy Ulsh and Vice President Jeremy Hammerton represented the seller in negotiations. The firm also brokered the sale by Newnan Crossing Partners of 2.5 acres nearby for a Marriott suites hotel in a deal that closed late last year. That site is just south of the Ashley Park lifestyle center on Newnan Crossing Bypass.

Newnan Crossing Partners originally owned approximately 1,000 acres in Newnan just off of Interstate 85. It has now sold a majority of the holdings, which have been the site of much of the commercial activity in Newnan over the last 20 years, according to Batson-Cook officials. This 74.6-acre tract represents one of the last they own.

“We have been honored to be working with Newnan Crossing Partners for many years. We knew the property and the players well,” said Ulsh. “Cancer Treatment Centers of America has driven a tremendous amount of growth in Newnan.”



More Local

Senoia’s zombie wall may remain for years

A portion of a Senoia residential development might be a “closed set” for the next several years. On Monday, representatives fro ... Read More


Senate race neck and neck; Perdue wins in Coweta

Congressman Jack Kingston and businessman David Perdue were neck and neck late Tuesday in their race for the Republican nomination for one o ... Read More


Meat processing center destroyed by flames

A commercial building between the Arnco and Sargent communities in western Coweta County was destroyed by a fire early Monday. Around 4 a.m. ... Read More


Sheriff's employee Ayers in coma

A longtime employee of the Coweta County Sheriff’s Office who was diagnosed with a serious disease last year took a turn for the worse ... Read More


‘Window into Past’ tours at Brown’s Mill Saturday

Tickets are available to tour the Battle of Brown’s Mill battlefield Saturday for displays making up “A Window into the Past.&rd ... Read More

Newnan Police officer stops suspected rapist in woods

A Newnan man suspected of assaulting and raping a woman was arrested Saturday after a Newnan Police officer found the man in a wooded area p ... Read More