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CAPE GIRARDEAU, MO-White Oaks Real Estate Investments LLC has sold the first of four medical office properties to Grubb & Ellis Healthcare REIT II Inc. The REIT paid $8 million for the Cape Girardeau Long-Term Acute Care Hospital here, as part of the planned $42 million acquisition of White Oak’s portfolio of Landmark Holdings hospitals, also known as the Monument Ltach Portfolio.

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