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White Oak Healthcare MOB REIT Acquires 7 Medical Office Buildings in 5 States

March 24, 2021, 07:45 AM
Filed Under: Real Estate

White Oak Healthcare MOB REIT announced the acquisition of seven medical office buildings in five states. The seven assets total 67,110 SF and are 100% leased to Fresenius and DaVita affiliates.

The acquisition includes five Fresenius facilities in Berwyn, Illinois, Columbia, South Carolina, Little Rock, Arkansas, Solon, Ohio, and Birmingham, Alabama; as well as two DaVita facilities in Rockford, Illinois. All are located within close proximity to major medical districts.

The addition of these seven facilities diversifies the services offered in the medical office building REIT portfolio.

Dr. David Lynn, President and Chief Investment Officer of White Oak Healthcare MOB Holdings who is leading the REIT said, “We are pleased to add Fresenius and DaVita, both investment grade companies on long term leases, to our portfolio of medical office buildings.”

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