REIT ACQUIRES 13-BUILDING PORTFOLIO FROM STEWARD HEALTH CARE FOR $100M
By John Mugford
Healthcare Trust of America’s recent Steward Health portfolio acquisition included this 36,302 square foot MOB at 851 Middle St. in Fall River, Mass.
Photo courtesy of HTA
Greater Boston’s medical office building (MOB) market is considered a very difficult one to crack into, especially when it comes to the third-party ownership of on-campus facilities.
A lack of developable land on which to build and a reluctance by many of the area’s hospitals and health systems to give up control of their real estate have created very high barriers to entry.
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