Healthcare Trust of America has had a busy third quarter. In August, the firm acquired four medical office properties totaling 469,000 square feet and a total investment of $130 million, the REIT announced as part of its most recent businesses update. Year-to-date, HTA has acquired 625,000 square feet in medical office properties totaling $183 million.

The acquisitions will help HTA increase its densification in key markets, according to the firm. The four properties are Houston Medical Center MOB, Twelve Oaks MOB in Houston, Clint Moore Medical Facility in Boca Raton and Austin Bluffs MOB in Colorado Spring, and they have an estimated year-one yield of 5.7%.

Houston Medical Center is a 127,000-square-foot facility located within the Texas Medical Center, the world's largest medical complex totaling 50 million square feet and serving 10 million patients per year. Twelve Oaks MOB is a 140,000-square-foot facility near the Texas Medical Center on a campus with River Oaks Medical Center. Clint Moore Medical Facility is a 102,000-square-foot facility with 100% occupancy, and Austin Bluffs MOB is a 100,000-square-foot property near Denver.

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.