The Holy Cross Medical Plaza in Mission Hills, Calif., is part of a four-property portfolio recently acquired by Health Care REIT from G&L Realty Corp.
(Photo courtesy of G&L Realty Corp.)
Firm acquires four-MOB portfolio in Southern California for more than $500 PSF
By John B. Mugford
The country’s second largest owner of healthcare real estate (HRE), Toledo, Ohio-based Health Care REIT (NYSE: HCN) recently found a deal to its liking in Southern California, picking up a portfolio of four healthcare properties with five facilities for a price that equates to well above $500 per square foot (PSF).
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