LIVINGSTON, TX-Grubb & Ellis Healthcare REIT II Inc. has acquired Livingston Medical Arts Pavilion, a 30,000-square-foot medical office building located on Memorial Medical Center’s 41-acre campus. The Santa Ana, CA-based company purchased the two-story property from McShane Development in an all-cash transaction for $6.4 million.

Memorial Medical Center – Livingston is a 66-bed facility specializing in critical access care and women’s health. Part of Memorial Health System of East Texas, the medical center recently constructed a new 160,000-square-foot hospital wing in response to growing demand for healthcare services in the community.

“Livingston Medical Arts Pavilion is a Class A building that is fully leased on the campus of a thriving medical center,” says Danny Prosky, president and chief operating officer of Grubb & Ellis Healthcare REIT II. “Additionally, this acquisition is immediately accretive and supportive of our stockholder distribution, making it an ideal and very attractive addition to our portfolio.”