Grubb & Ellis Healthcare REIT II Buys 45,000 SF Building
CHARLOTTE, NC-Grubb & Ellis Healthcare REIT II has bought the Sylva Medical Office Building, a 45,000-square-foot, three-story property in Sylva, North Carolina from CDP-Sylva LLC.
By GlobeSt News Hub|November 29, 2010 at 01:01 AM
Thank you for sharing!
Your article was successfully shared with the contacts you provided.
CHARLOTTE, NC-Grubb & Ellis Healthcare REIT II has bought the Sylva Medical Office Building, a 45,000-square-foot, three-story property in Sylva, North Carolina from CDP-Sylva LLC. Terms of the deal were not disclosed.
The Sylva building, constructed in 2010, is situated at 98 Doctors Drive on Harris Regional Hospital’s campus. Grubb & Ellis financed the purchase of the property by borrowing $11.4 million from Bank of America as well as by using some cash proceeds. Doug Connell of Grubb & Ellis represented the seller. For the full story, go to Office & Commercial Real Estate Magazine.
GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.
Want to continue reading? Become a Free ALM Digital Reader.
Once you are an ALM digital member, you’ll receive:
Unlimited access to GlobeSt and other free ALM publications
Access to 15 years of GlobeSt archives
Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
3 free articles* across the ALM subscription network every 30 days
Exclusive discounts on ALM events and publications
*May exclude premium content
Already have an account? Sign In Now
Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!
Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
Exclusive discounts on ALM and GlobeSt events.
Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.