East Cobb Biz News: 24/7 veterinary clinic sold for $3.33M

A 24/7 emergency veterinary clinic in the Powers Ferry Road area has been sold to a real estate investment group.

The Dogwood Veterinary Specialty and Emergency clinic at 1234 Powers Ferry Commons was sold to Terravet Real Estate Solutions, for $3.33 million, according to a release.

The sale was completed in coordination with the initial purchase of the practice by Innovetive Pet Care, a Texas-based firm that operates veterinary clinics nationwide.

The business will continue to go by the Dogwood name.

The release said that Dogwood’s 12,726-square-foot facility has been the only 24/7 emergency hospital in the Marietta area, and that the practice includes 17 full-time doctors and more than 70 total employees.

Dogwood operates in a standalone building in an office park off Powers Ferry Road, near the Delk Road intersection, and behind the China Doll and Brazilian Bakery restaurants.

“Facilities like Dogwood play a critical role in their communities by providing the specialized expertise and round-the-clock availability that pet owners depend on during emergencies,” said Daniel Eisenstadt, CEO of Terravet Real Estate Solutions, said in the release.

“Expanding our partnership with Innovetive reinforces our commitment to supporting practices that deliver this level of essential care.”

Dogwood is the first Georgia location for Terravet, which recently purchased veterinary facilities in Fairburn and Peachtree City and owns more than 1.5 million square feet of real estate across more than 165 veterinary properties.

Innovetive provides business support for veterinary clinics in 15 states, including three others in Georgia.

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