Gwinnett OKs Northside Hospital Medical Office at Gas South District For Up To 99 years
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From the Henssler Financial Studio this is your news minute on the Gwinnett Daily Post Podcast presented by Engineered Solutions of Georgia. Today is Thursday, December 14th, and I\'m Keith Ippolito.
\\nGwinnett OKs Northside Hospital Medical Office at Gas South District For Up To 99 years
\\nGwinnett County commissioners have approved a ground lease allowing Northside Hospital to construct and manage a medical office building at the Gas South District for up to 99 years. Located on a 4-acre property at Arena Drive and Sugarloaf Parkway, Northside will pay the county an upfront rent of about $4.466 million. The lease will initially last for 49 years, with five extension terms of 10 years each. The Gwinnett County Development Authority will handle the lease, assigning it to the Gwinnett Convention and Visitors Bureau, who will then enter into a comprehensive sublease with Northside Hospital.
\\nFor more news about our community, visit gwinnettdailypost.com. For the Gwinnett Daily Post Podcast, I\'m Keith Ippolito.
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