HEALTH CARE REIT BOUGHT A DOZEN MOBs FROM A PAIR OF TEXAS DEVELOPERS
By John Mugford and Murray W. Wolf
It appears that this 144,415 square foot medical office building (MOB) in Houston was one of 12 MOBs acquired by Health Care REIT earlier this year.
Photo courtesy of Richmond Honan Development & Acquisitions LLP
This could be the best-kept secret in healthcare real estate – or at least it was.
In what might end up going down as one of the larger transactions of 2012, Toledo, Ohio-based Health Care REIT (NYSE: HCN) apparently acquired an 11-facility medical office building (MOB) portfolio for $298 million from a Dallas-based development firm earlier this year.
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