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

Home Safe

Alarm over missing child a simple mixup

County and city authorities were happy to locate a 5-year-old child safe and sound after she was reported missing on Wednesday. All four pub ... Read More


UWG Newnan: Finish line in sight

University of West Georgia’s new campus in Newnan will be substantially complete in January, according to Newnan City Manager Cleatus ... Read More


TB patient won’t be coming to Coweta County

The tuberculosis patient who is currently being held in the Troup County Jail for refusing to take his medication is no longer contagious, b ... Read More


Coweta Commission

Cemetery discovery disrupts bypass extension

Crews doing clearing for the Newnan Bypass Extension project discovered a gravestone, and 49 graves were eventually located. The road will b ... Read More


Four arrested in marijuana bust

Four people were arrested Tuesday after authorities with the Coweta County Sheriff’s Office served a search warrant at a home in Newna ... Read More

FOUND

UPDATE: Missing child located

Update 4:35 p.m. – Kanyah Stevens has been located by authorities on Hill St. and she is safe. The child has been reunited with her mo ... Read More