Industry Pulse: HTA also makes relatively small MOB acquisitions

HTA recently paid $24.8 million for the 69,000 square foot Tides Medical Arts Building near Charleston, S.C. (Photo courtesy of SMHa | Architects)

HTA recently paid $24.8 million for the 69,000 square foot Tides Medical Arts Building near Charleston, S.C.
(Photo courtesy of SMHa | Architects)

Healthcare Trust of America was Q2’s top MOB buyer, with deals both large and small.

Formed in 2006, Healthcare Trust of America Inc. (NYSE: HTA) now owns nearly 15 million square feet of mostly medical office building (MOB) space in 27 states.

But while HTA recently grabbed headlines for its acquisition of 11 large MOBs in Boston, Miami, Baltimore and suburban New York from ProMed Properties Inc. (please see “ProMed sells facilities for $205M” on Page 4 of this edition), it clearly isn’t averse to one-off acquisitions in smaller markets.

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