Cover Story: Biggest deal ever

As part of its $692 million portfolio acquisition from Catholic Health Initiatives (CHI), Physicians Realty Trust acquired CHI Medical Building One (left), which is connected to the 121-bed building CHI Health Midlands Hospital (right) in Papillion, Neb. Photo courtesy of CBRE Group Inc.

As part of its $692 million portfolio acquisition from Catholic Health Initiatives (CHI), Physicians Realty Trust acquired CHI Medical Building One (left), which is connected to the 121-bed building CHI Health Midlands Hospital (right) in Papillion, Neb.
Photo courtesy of CBRE Group Inc.

Physicians Realty Trust pays $692 million for 52 MOBs, 3.16 million square feet

By John B. Mugford

This is the type of deal healthcare real estate (HRE) professionals have been hoping for and perhaps anticipating for some time: a major health system selling a large number of its ancillary facilities in order to deploy a real estate strategy long used by most corporations and hotel operators.

The full content of this article is only available to paid subscribers. If you are an active subscriber, please log in. To subscribe, please click here: SUBSCRIBE

Existing Users Log In
   
error: Content is protected !!
error: Content is protected !!