CP Group Plans Medical Office Complex at Atlanta Campus

CP Group will redevelop four buildings within Atlanta’s Piedmont Center mixed-use campus into 85,000 square feet of medical office known as Buckhead Medical Center. The firm will undertake a capital improvement initiative to refresh the office assets.

The first available space, a full floor of move-in ready medical office suites, will be delivered later this year. Suites will range from 2,600 to 6,500 square feet.

Among the upgrades are a newly constructed patient drop-off area, new outdoor signage and a digital wayfinding system. Other amenities will include an on-site café, pharmacy space, patient parking deck, valet service and a transportation lounge.

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Additionally, medical office tenants will have access to a physician lounge, fitness center and physician parking. The complex’s existing building infrastructure is already suitable for surgical and imaging uses, according to CP Group.

CBRE Senior Vice President Adam Butler and Vice President Garrett Benefiel will serve as Buckhead Medical Center’s leasing agents.

A broader revitalization

Buckhead Medical Center is located at 3495 Piedmont Road within the broader Piedmont Center development, a 2.2 million-square-foot, 14-building office campus in Atlanta’s Buckhead business district. In February, CP Group unveiled a robust master plan to turn the office campus into a mixed-use destination.

The broader campus will include dining, retail and office space. Amenities, which will also be available to the medical center’s tenants, will include conference and fitness facilities, walking trails and landscaped green space.

Piedmont Center was developed in stages between the late ‘70s and late ‘90s. In June 2025, CP Group partnered with Austria-based Bawag Group to buy the asset out of foreclosure for $200 million.

Vacancy ticks up in Atlanta

Atlanta’s office vacancy rate as of November 2025 clocked in at 19.9 percent, according to a Yardi Matrix report, rising 1.9 percent year-over-year. This marked one of the largest year-over-year increases nationally.

Otherwise, the market showed steady fundamentals, despite a shrinking development pipeline. As of November, the metro had one of the smallest under-construction footprints among peer markets.

Atlanta also ranked eighth nationally for office sales, registering $1.3 billion in investment volume and a price-per-square-foot figure of $131.