Tenet Sells 6 Medical Office Buildings for $63M

Dallas-based Tenet Healthcare Corp. has sold six medical office buildings in south Florida to Healthcare Trust of America, a Scottsdale, Ariz.-based real estate investment trust.

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Tenet sold the facilities for a combined $63 million. Each of the MOBs are located on the campus of a hospital affiliated with Tenet. Specifically, the MOBs are on the grounds of Good Samaritan Medical Center in West Palm Beach, Palmetto General Hospital in Hialeah, North Shore Medical Center in Miami and Florida Medical Center, a campus of North Shore in Fort Lauderdale.

Healthcare Trust of America, a publicly traded REIT, owns MOBs in roughly 27 states and has a portfolio valued at $2.8 billion.

More Articles on Hospitals and Medical Office Buildings:
Northside Hospital-Cherokee Opens Medical Office Building
Physicians Realty Trust Acquires Foundation Surgical Hospital of El Paso
$1.8B Worth of Medical Office Buildings Sold in First Half of 2013

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