Transactions: DocREIT lands large pediatric MOB

Milwaukee-based Physicians Realty Trust acquired the 127,338 square foot Strictly Pediatrics Specialty Center in Austin, Texas, for $78.6 million, Wis. Photo courtesy of

REIT pays $78.6 million for facility next to Dell Children’s in Austin, Texas

By John B. Mugford

Even though it closed on the largest monetization of medical office buildings (MOBs) – a sale of real estate assets by a health system or provider – in 2016, Milwaukee-based Physicians Realty Trust (NYSE: DOC) continues to make acquisitions in 2017.

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