CHARLOTTE—CNL Healthcare Properties is closing the year with a big deal, closing one of the largest medical facilities transactions in the US this year. The REIT just bought a portfolio of nine class A medical office buildings across the Southeast for about $238 million.

Located across North Carolina and Georgia, the properties span about 907,300 square feet of rentable space and are 92% leased. Market share-leading health systems anchor all the properties.

“We believe the acquisition of this portfolio of medical office properties both allows us to expand our holdings with very high-quality on-campus assets and anchor health system tenants in attractive Southeastern markets, but also reaffirms our commitment to be a leader in this sector,” says Stephen H. Mauldin, president and CEO of CNL Healthcare. Meadows & Ohly, a developer and manager of healthcare real estate across, will continue to lease and manage the properties.

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