CNL Healthcare Properties has acquired four medical office buildings in or near Knoxville, Tenn., from affiliates of N.T. Brinkman, Inc., for approximately $57.3 million. The four Knoxville Medical Office Properties total more than 200,000 square feet of modern, Class A, medical office space and include the Physicians Plaza A at North Knoxville Medical Center, Physicians Plaza B at North Knoxville Medical Center, Jefferson Medical Commons, and Physicians Regions Medical Center – Central Wing Annex.
The Knoxville Medical Office Properties are part of the Tennova Healthcare System, which is a subsidiary of Health Management Associates (HMA), the third largest for-profit health system in the United States by total market capitalization. The properties will continue to be managed by an affiliate of N.T. Brinkman, Inc.
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