Transactions: HTA acquires another MOB in Dallas

This time, REIT pays $48.7M for facility on campus of physician-owned hospital

By John B. Mugford

In recent months, officials with Scottsdale, Ariz.-based Healthcare Trust of America Inc. (NYSE: HTA) expressed how pleased they were to acquire a medical office building (MOB) on the campus of the physician-owned Forest Park Medical Center in Dallas.

The $26.75 million purchase by the publicly traded real estate investment trust (REIT) of the 68,874 square foot Forest Park Pavilion was highlighted in the February edition of Healthcare Real Estate Insights™ . (For more on that transaction, please see “HTA lands MOB on doc-owned campus” on Page 5 of that edition.)

Well, HTA has now doubled its pleasure on the Forest Park campus, as it recently closed on the other MOB on site, paying

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

Existing Users Log In
   

Comments are closed, but trackbacks and pingbacks are open.