HCA Memorial Health Paediatric Hospital Lease, Savannah | RIVR RE

David Gaule and Mandy Henderson represented the landlord on a new ten-year medical office lease at the HCA Memorial Health Paediatric Hospital campus in Savannah, Georgia.

About HCA Healthcare and Memorial Health Savannah

HCA Healthcare is the largest for-profit hospital operator in the United States, operating more than 180 hospitals and 2,000 care sites across 20 states and the United Kingdom. Memorial Health University Medical Center (MHUMC) in Savannah is one of HCA’s flagship regional assets — a 711-bed tertiary care and academic medical centre that serves as the primary referral hospital for a 35-county area spanning southeast Georgia and southern South Carolina.

The Memorial Health campus at 4700 Waters Avenue is home to some of the most significant healthcare infrastructure in the region, including the only Level 1 trauma centre in southeast Georgia, the Savannah campus of Mercer University School of Medicine, and the Memorial Health Dwaine & Cynthia Willett Children’s Hospital of Savannah — the only free-standing children’s hospital in the region. The Children’s Hospital is a 90,000 square foot, $66 million facility that opened to serve one of the most medically underserved catchment areas in the Southeast, offering a 92-bed Level III Neonatal Intensive Care Unit, a paediatric intensive care unit, a paediatric emergency department, and 73,000 outpatient visits annually.

HCA’s investment-grade financial profile, long-term campus presence, and the irreplaceable nature of the facility’s clinical function make this the definition of a core, income-stable asset for any landlord.

What This Deal Signals for Savannah’s Medical Office Market

Healthcare real estate has become one of the most actively pursued asset classes among institutional investors, and for good reason. Medical tenants — particularly hospital systems and specialist groups anchored to major campuses — sign long leases, rarely relocate, and generate consistent, recession-resistant income. A fifteen-year lease is exactly the type of tenancy that drives premium valuations and attracts institutional capital.

Savannah’s healthcare economy is growing rapidly alongside the city’s broader expansion. The Memorial Health campus anchors a significant cluster of medical office and specialist tenancy in the Waters Avenue corridor — a submarket that has absorbed considerable demand as the region’s population grows and the healthcare needs of southeast Georgia and southern South Carolina continue to expand. The Children’s Hospital alone handles nearly 5,000 admissions and 2,900 deliveries annually, generating sustained demand for adjacent medical office space from the specialist groups, physicians, and support services that orbit a facility of this scale.

For investors and landlords with medical assets in Savannah, or those evaluating the market for healthcare real estate acquisitions, the continued expansion of the Memorial Health campus is one of the most reliable demand drivers in the local market.

Medical Office Leasing in Savannah — Talk to RIVR

RIVR RE has deep experience in medical office leasing across Savannah’s major healthcare corridors, including the Waters Avenue medical campus, the Southside, and suburban medical parks. We represent landlords with medical-use assets seeking institutional-quality tenants, and healthcare operators and specialist groups looking for the right clinical space.

If you own medical office space in Savannah or are a healthcare provider evaluating your real estate options, contact David Gaule or Mandy Henderson directly.

Email: info@rivr.re | Phone: 912 307 9998

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David Gaule
Author: David Gaule