The four buildings total 466,000-sf and are the El Dorado inTucson, Vero Beach Medical Suites in Vero Beach, FL, GwinnettMedical Office in Lawrenceville, GA and Knoll I & II inColumbia, MD. Broad Street Advisors advised Montecito on the dealand Robert Rizzi, EVP for Broad Street, was the broker for the fourtransactions. The details of the individual transactions were notdisclosed including the seller, building size or sale price. Aspokesperson for ING Clarion says "We prefer not to comments on thespecifics of each individual transaction as we are building aportfolio which will be measured by overall performance."

The JV will continue to acquire medical office properties and iscurrently pursuing a number of additional acquisitions, accordingto the spokesperson.

The move to acquire medical office buildings is fueled in partby the country's aging population, the move of technology-basedservices out of hospitals and the increase in out-patient care. Theexact acquisition target for 2007 was not disclosed, but the JVplans to continue to actively pursue properties across the country,especially in "the sun belt states along the eastern seaboard downto Florida, and across the southern tier." Acquisitions will belooked at on a case by case basis.