SANTA ANA, CA-NNN Healthcare/Office REIT Inc., sponsored bylocally based Triple Net Properties LLC, has acquired three seniorcare campuses in Florida for $52 million in cash and debt,according to SEC filings. The campuses collectively provide 733licensed beds and 667 operating beds, encompassing approximately354,500 sf.

Located in the cities of Jacksonville (Duval County), Sunrise(Broward County) and Winter Park (Orange County), each campusconsists of a skilled nursing facility and an assisted livingfacility that are connected by an enclosed hallway. Constructed inthe latter half of the 1980s, the properties are 100% leased to athird-party operator, according to Triple Net.

Healthcare/Office REIT had sold approximately 15.6 millionshares of its common stock for more than $154.1 million through itsinitial public offering, which began in the third quarter of 2006.NNN Healthcare/Office REIT's VP of acquisitions Danny Prosky saysthe portfolio marks the REIT's first in the skilled nursing andassisted living arena.

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