Transactions: New publicly traded REIT, Physicians Realty Trust, continues making deals

MILWAUKEE – Physicians Realty Trust (NYSE: DOC), which raised about $123.8 million in an initial public offering (IPO) that closed in July, has made a number of significant acquisitions in recent months.

According to new releases as well as data from Real Capital Analytics, the new healthcare REIT has made three separate purchases since September, spending about $93.1 million.
According to John Thomas, president and CEO, Physicians Realty Trust is interested in acquiring MOBs, outpatient facilities and small specialty hospitals that perhaps don’t interest larger REITs. Mr. Thomas was interviewed by NAREIT (National Association of Real Estate Investment Trusts) at the recent REIT World Convention in San Francisco.

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