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February 12, 2015

Ackerman Medical Breaks Ground on New 40,000 SF Medical Office Building in Lithonia

Atlanta, February 12, 2015 – Ackerman Medical, the healthcare division of Ackerman & Co., held its groundbreaking celebration yesterday on a new 40,000-square-foot medical office building in Lithonia, Ga. The project, named Hillandale Physician Place, is located at the intersection of Hillandale Drive and DeKalb Medical Parkway, steps from DeKalb Hillandale Medical Center. It offers physicians the opportunity to expand and reposition their practices to succeed in high growth South DeKalb County. Hillandale Physician Place is set to open in June.

The $7.5 million, single story, Class “A” building is already 50% leased. Anchor tenant, Harper & Associates Family Medicine, was the first to endorse this new development. “Dr. Kenneth Harper is our biggest advocate,” said John A. Willig, principal of Ackerman Medical. “He recognizes the need for independent and affordable medical office space in Lithonia,” he added. Other major tenants include Thomas Eye Group, Ankle & Foot Centers of Georgia and DeKalb Comprehensive Physical Therapy.

The groundbreaking ceremony included Dr. Kenneth Harper and Mrs. Candy Harper; Dr. Naim Shaheed; Dekalb County Commissioner Stan Watson; John Willig, principal of Ackerman Medical; Kris Miller, President of Ackerman & Co.; Bryan Davis, vice president of brokerage at Ackerman & Co., among others.

Hillandale Physician Place is being privately developed and is owned by a venture of Ackerman Medical and local physicians. Hillandale Physician Place is now leasing; Bryan Davis is the exclusive leasing representative.

– About Ackerman & Co. –

Headquartered in Atlanta, Ackerman & Co. is a privately held, full-service commercial real estate firm focused on providing best-in-class investment, brokerage, management and development services since 1967. To date, the company has developed and acquired more than 30 million square feet of office, medical, retail and mixed-use space, has nearly 4 million square feet under management, and maintains an investment portfolio valued at $750 million.

The company’s healthcare division, Ackerman Medical, is Metro Atlanta’s number one owner and developer of physician-oriented medical office buildings. Ackerman Medical has developed more than 1.5 million square feet to date and has more than 5 million square feet of active medical listings.

For more information on Ackerman & Co., visit www.ackermanco.com