Martha Jefferson puts more property on market

By: Daily Progress Staff Reports | Daily Progress
Published: February 23, 2011

Martha Jefferson Hospital announced today that 26 properties used near its current downtown location are being put up for sale.

The properties being made available include individual residences priced at around $250,000 and office-space packages priced at more than $2 million.

The hospital has partnered with real-estate broker CB Richard Ellis to put a total of six individual properties and five packages on the market.

Charlottesville-based Octagon Partners bought the main campus on Locust Avenue in September 2010 as the hospital prepares to move to a new location on Pantops this summer.

"Our goal has always been to find ways to ensure the neighborhood surrounding Martha Jefferson is left in good hands when we leave the downtown campus," Vice President of Planning Ron Cottrell said in a statement. “We recognize what an important asset these properties are to the neighborhood and the city of Charlottesville and we believe the different offerings will support the best potential future uses of this prime real estate."

For more information on the properties, visit http://www.cbre.com/MJHDowntownPortfolio and stay tuned for more in tomorrow's paper.