PALM BEACH, FL—The demand for medical office buildings in the Southeast remains strong to a Griffin-American Healthcare REIT II formerly known as Grubb & Ellis Healthcare REIT II just snapped up a trio of medical office buildings across three Southeastern states for $25.1 million.
A three medical office buildings total about 117,000 square feet collectively and all post high occupancy in each other medical office building is located on a hospital campus or is affiliated with a nearby medical center that serves as its major tenant.
The new additions which span Boynton Beach, FL, Austell, GA and Okatie, SC the healthcare REIT beefs up the size of its medical office building portfolio to a healthy 69 buildings valued at about $630 million and we have believe the aging of America is driving demand for healthcare services constantly higher throughout the country,” Danny Prosky, president and COO of Griffin-American Healthcare REIT II, tells to the globest.com
A three medical office buildings total about 117,000 square feet collectively and all post high occupancy in each other medical office building is located on a hospital campus or is affiliated with a nearby medical center that serves as its major tenant.
The new additions which span Boynton Beach, FL, Austell, GA and Okatie, SC the healthcare REIT beefs up the size of its medical office building portfolio to a healthy 69 buildings valued at about $630 million and we have believe the aging of America is driving demand for healthcare services constantly higher throughout the country,” Danny Prosky, president and COO of Griffin-American Healthcare REIT II, tells to the globest.com
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