Transactions: ARC Healthcare Trust II pays $15 million for MOB in central California

 

ARC Healthcare Trust II Inc. paid $15 million for the two-story, 48,606 square foot Adventist Health Lacey Medical Plaza at 1524 W. Lacey Blvd. in Hanford, Calif.  Photo courtesy of LoopNet.com

ARC Healthcare Trust II Inc. paid $15 million for the two-story, 48,606 square foot Adventist Health Lacey Medical Plaza at 1524 W. Lacey Blvd. in Hanford, Calif.
Photo courtesy of LoopNet.com

HANFORD, Calif. – Aggressive buyers are looking far and wide for MOBs, as evidenced by New York-based ARC Healthcare Trust II Inc.’s recent acquisition in Hanford, a city of about 55,000 people in central California.

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