The two-story, 50,000 square foot Michiana Hematology Oncology MOB in Mishawaka, Ind., was one of six acquisitions that ARC Healthcare Trust Inc. closed on during December. The purchase price was $21.7 million, or $434 per square foot. (Photo courtesy of ARC Healthcare Trust Inc.)
- Unlisted REIT makes six buys in December, wrapping up a busy fourth quarter
By John B. Mugford
As 2012 came to a close, all indications – as well as the words of medical office buildings (MOB) sales brokers and investors – were pointing to a strong fourth quarter (Q4) for the nationwide sales volume of healthcare real estate facilities.
While the final Q4 and year-end 2012 MOB sales results will be released soon by a number of research firms, including New York-based Real Capital Analytics (RCA) Inc., it looks as if at least a couple of buyers closed out the year on high notes. The full content of this article is only available to paid subscribers. If you are an active subscriber, please log in. To subscribe, please click here: SUBSCRIBE
Comments are closed, but trackbacks and pingbacks are open.