MEMPHIS—CNL Healthcare Properties has acquired four medical office buildings in or near Knoxville. Affiliates of N.T. Brinkman sold the healthcare real estate to CNL for $57.3 million.

The four medical office buildings are part of the Tennova Healthcare system, which is a subsidiary of Health Management Associates (HMA). HMA is the third largest for-profit health system in the United States by total market capitalization.

“The acquisition of the Knoxville medical office properties allows us to expand our medical office portfolio in a well-established healthcare market,” says Stephen H. Mauldin, president and CEO of CNL. “We are delighted that N.T. Brinkman will continue to manage these properties and look forward to growing our partnership with one of the leading companies in this sector.”