ROCKFORD, IL – The New York-based, White Oak Healthcare MOB REIT has acquired seven medical office buildings, located across five states.
The seven assets total 67,110 square feet.
The properties are 100% leased to Fresenius and DaVita affiliates.
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The five properties leased to Fresenius are located in Berwyn, IL, Columbia, SC, Little Rock, AK, Solon, OH and Birmingham, AL. The two properties leased to DaVita are located in Rockford, IL.
All of the properties are located near major medical districts.
"We are pleased to add Fresenius and DaVita, both investment grade companies on long term leases, to our portfolio of medical office buildings," states Dr. David Lynn, president and chief investment officer at White Oak Healthcare MOB Holdings.
The acquisition further diversifies White Oak Healthcare MOB REIT's portfolio.
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Ingrid Tunberg
Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.
