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Grubb & Ellis Healthcare REIT II paid $8.07 million for the Hardy Oak Medical Building in San Antonio, one of five recent acquisitions totaling $66.95 million.
Photo courtesy of Grubb & Ellis Healthcare REIT II

Transactions: Grubb & Ellis REIT buys five properties

INVESTMENT TRUST PAYS NEARLY $67 MILLION FOR ASSETS IN SEVERAL STATES By John Mugford With 2011 off to a seemingly slow start for healthcare facility transactions, the two most active non-traded healthcare real estate investment trusts (REITs) accelerated the sales velocity with some significant purchases in the past month or so. The two REITs making […]