Carter Validus Purchases Healthcare Properties for $34M
November 30, 2018 | Tonya Sterling | GlobeSt.com
TAMPA, FL—Carter Validus Mission Critical REIT II, Inc., recently announced the purchase of the Clive Healthcare Facility and the Valdosta Healthcare Facilities Portfolio for approximately $33.7 million.
The Clive Healthcare facility, located in Clive, Iowa— approximately 10 miles east of Des Moines— is 58,156 square feet and was acquired for approximately $23.5 million. Situated on 1.02 acres, the two-story facility was constructed in 2008. The asset is 100% leased and is anchored by an ambulatory surgery center.
The Valdosta Healthcare facilities portfolio, located in Valdosta, Georgia, was purchased for approximately $10.2 million and consists of two medical office buildings situated on 4.35 acres. One facility, 24,750 square feet, is a two-story medical office structure built in 2004. The other facility, a single-story 12,745 square feet medical office building, was completed in 1992. Both facilities are 100% leased.
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