Physicians Realty Trust agrees to buy additional facilities from developer Davis
By John Mugford
When Milwaukee-based Physicians Realty Trust (NYSE: DOC) acquired a portfolio of eight medical office buildings (MOBs) from The Davis Group in early 2015, officials with both firms said the transaction was likely the start of a new, ongoing relationship.
That relationship is continuing this fall with a recent deal between the two, as DOC agreed in mid-September to acquire three MOBs in the Twin Cities area from the Minneapolis-based developer, now known simply as Davis, for $88.7 million.
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