Triple Net Properties LLC bought the Eastern Wisconsin Medical Portfolio on behalf of tenant-in-common investors from Aurora Medical Group Inc. The group, a subsidiary of Aurora Health Care Inc., leases 100% of the space in the five single-story and one two-story medical buildings, which total 153,000 sf. The properties, built between 2000 and 2007, are in six different cities, and the Aurora medical group has 15-year leases at the properties. David Boerke and Jack Price with the Boerke Co. Inc. represented the Aurora group. Triple Net is a wholly owned, indirect subsidiary of Grubb & Ellis Co.

Grubb & Ellis Healthcare REIT Inc. purchased two properties, the Chesterfield Rehabilitation Center in Chesterfield, MO and the Park Place Office Park in Dayton, OH. The company joined with BD St. Louis Development LLC, a subsidiary of Duke Realty Corp., to acquire the Chesterfield center, with Grubb & Ellis taking 80% and Duke holding the remaining 20% interest.

The Chesterfield property is a 50-bed, newly constructed, three-story inpatient rehabilitation hospital. Sources say the 112,000-sf hospital, which also includes a 90,000-sf parking garage, sold for $36.5 million. St. John's Mercy Rehabilitation LLC is the tenant which occupies 100% of the property.

Duke was represented by Philip Mahler, SVP, and Jeffrey Cooper, executive managing director, of New York City-based Savills Granite. "Each day, the investment community takes closer notice of Americans' increasing demand for first-rate medical care," Cooper said in a statement. Savills officials refused to comment on the record.

Park Place consists of three multi-tenant medical office buildings totaling about 133,000 sf, all built between 1987 and 2002. The three- and four-story buildings are on eight acres. The property was purchased from Fraze Enterprise Inc., which was represented by Mike Wenzler.

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