Transactions: Griffin-American IV bets big on Reno

Griffin-American Healthcare REIT IV recently acquired the 191,000 square foot Reno MOB, also known as the Saint Mary’s Center for Health, in Reno, Nevada, for $66.3 million. The building is on the campus of Saint Mary’s Regional Medical Center. Photo courtesy of Griffin-American Healthcare REIT IV

REIT acquires 191,000 square foot on-campus facility for $66.3 million

By John B. Mugford

On its campus in Reno, Nevada, Saint Mary’s Regional Medical Center’s primary outpatient location is a six-story, 191,000 square foot medical office building (MOB) at 633 N. Arlington Ave.

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