ORLANDO-Healthcare Trust of America, a Scottsdale, Ariz.-basedreal estate investment trust, has acquired a medical officeportfolio in Orlando and Oviedo for about $18.3 million. Theportfolio includes two class A multi-tenant buildings spanning105,000 square feet.

Built in 2000, the Lake Underhill Medical Center is located inOrlando on the campus of Florida Hospital East Orlando. TheOviedo Medical Center was built in 1997 and is located in Oviedo,about 10 miles northeast of Orlando. The Oviedo Medical Center islocated on a parcel owned by Florida Hospital and is adjacent toFlorida Hospital’s CentraCare urgent care center.

"The strategic reason for the transaction is the relationshipwith Florida Hospital," Mark Engstrom, executive vice president ofAcquisitions for Healthcare Trust of America, tells GlobeSt.com."We found an opportunity to build on that relationship by acquiringthis building, which is in a strong demographic market."