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Grubb & Ellis Healthcare REIT II says it has agreed to make its first
acquisition: the Center for Neurosurgery and Spine near St. Cloud, Minn.
Photo courtesy of Central Minnesota Neurosciences

News & Analysis: First buy for G&E REIT II

TRUST OFF AND RUNNING WITH DEAL IN MINNESOTA By John Mugford Here comes Grubb & Ellis Healthcare REIT II. The newly formed, privately held real estate investment trust (REIT) recently entered an agreement to make its first medical office building (MOB) acquisition: a 36,600 square foot, two-building facility in Sartell, Minn. The Santa Ana, Calif.-based […]