The five-story, 120,754 square foot Mission Medical Tower at 26732 Crown Valley Parkway in Mission Viejo, Calif., was the centerpiece of a recent four-asset, 262,429 square foot portfolio acquisition by Healthcare Trust of America. (Photo courtesy of HPA Realty Inc.)
REIT also makes separate MOB portfolio acquisitions in Alabama, Connecticut
By John B. Mugford
One of the bigger deals of the third quarter (Q3) of 2016 closed in recent weeks, as Scottsdale, Ariz.-based Healthcare Trust of America (NYSE: HTA) pounced on the chance to acquire a four-facility, on-campus portfolio in the affluent Orange County, Calif., city of Mission Viejo.
The four medical office buildings (MOBs) have a total of 262,429 square feet and are 100 percent master leased by
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