With the acquisition, the non-traded REIT now owns a portfolio totaling 8.1 million square feet of gross leasable area that is valued at approximately $1.61 billion. Roughly 70% of Healthcare Trust's properties are located on or adjacent to a hospital campus. The portfolio is currently more than 90% leased.

The acquisitions were made as part of nine deals, according to a statement from the REIT. On average, the buildings have remaining lease terms of 10 years or more and occupancy rates of 98.5%. The newly acquired assets are occupied by credit tenants; 64% of the occupied space is leased by five major tenants with credit ratings ranging from A+ to AAA (Fitch).

The REIT acquired the properties using cash, according to Mark Engstrom, executive vice president-acquisitions for Healthcare Trust. The recent acquisitions include: Deaconess Clinic Portfolio in Evansville, Ind.; Triad Technology Center in Baltimore, Md.; Camp Creek Medical Center I and II in Atlanta; and The Medical Center at East Cooper in Mount Pleasant, S.C.

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