Thomas Park Investments and Chevy Chase, Md.-based private equity firm Artemis Real Estate Partners have formed a joint venture to acquire a $500 million portfolio of healthcare real estate.

The programmatic venture will seek core plus medical office buildings throughout the mid-Atlantic and Northeast. The venture kicked off with the $40 million acquisition of medical office real estate across three buildings in Baltimore and Columbia, Md., and Princeton, NJ. 

Medical Office Buildings a Resilient Asset Class

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