The development unit of Scottsdale, Ariz.-based Healthcare Trust of America Inc. plans to raze four small MOBs and add this 125,000 facility as part of a $43 million redevelopment of its medical park near WakeMed hospital in Cary, N.C. Rendering courtesy of HTA
REIT’s development unit to raze buildings, add large MOB at Cary, N.C., campus
By John B. Mugford
Although most of its medical office building (MOB) developments to date have been continuations of projects that it took over when it acquired the healthcare real estate (HRE) development unit of Duke Realty Corp. (NYSE: DRE), Healthcare Trust of America Inc. (NYSE: HTA) is starting to drum up projects of its own.
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