Northside Hospital Breaks Ground on New Cherokee Medical Office Building with Realty Trust Group and Healthpeak Properties

(Cherokee County, GA – October 2025) — Northside Hospital broke ground on Cherokee Medical Office Building III (MOB III), a six-story, 150,000-square-foot facility that expands healthcare access and meets the growing needs of Cherokee County’s rapidly increasing population. The new medical office building is owned by Healthpeak Properties, Inc. (NYSE: DOC), with Realty Trust Group (RTG) serving as Northside’s real estate partner providing advisory, leasing, and project management services throughout development.

The new facility rises on Northside’s Cherokee campus and delivers a robust cardiology program complete with a diagnostic center. Physicians and patients will also benefit from thoracic surgery, bariatric, lung and sleep medicine, neurosurgery, vascular, gastroenterology, ophthalmology/ENT, oncology, primary care, and general surgery services. Northside has already leased a majority of the building, bringing the overall occupancy to nearly full.

“Northside Hospital continues to invest in Cherokee County, so our patients have convenient access to the highest quality care,” said Billy Hayes, CEO, Northside Hospital Cherokee. “This new facility allows us to meet the demands of a growing population and maintain our role as the region’s leading provider.”

Northside began planning Cherokee MOB III several years ago as part of its Cherokee Campus Master Plan. The project marks the first new medical office building on campus in several years and will deliver in March 2027. RTG structured a joint venture partnership between Healthpeak Properties and eight physician groups investing in the project. HRD Architecture and Batson-Cook Construction serve as architect and general contractor.

“This project demonstrates the strength of collaboration between health systems, physicians, and real estate partners,” said Charlie Dickhaus, Principal and Senior Vice President, Realty Trust Group. “Together, we are aligning strategy with execution to bring advanced healthcare services to a community experiencing tremendous growth.” Cherokee MOB III also fuels economic growth in the region by creating new healthcare jobs and strengthening the county’s medical infrastructure. Northside continues to review long-term expansion opportunities as part of its master planning, ensuring the system evolves alongside community needs.

To learn more about the new Cherokee Medical Office project, visit Northside’s News Center.