ORLANDO-Healthcare Trust of America, Inc., a REIT, has acquired a 105,000-square-foot portfolio of two Class A medical towers in Oviedo and Orlando for nearly $18,300,000.
The portfolio is 98% occupied and 2,200-bed Florida Hospital, a unit of Adventist Health System, is the largest tenant, which occupies 50% of the towers. The company has purchased about $344.5 million worth healthcare and medical office assets, which includes 1.5 million square feet of space. For the full story, go to Florida Real Estate Journal.
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