Carter Validus Scoops Up Data Center, Health Care Assets
November 5, 2018 | Tanya Sterling | GlobeSt.com
Even as REITs in general tend to be more sellers than buyers of assets, Carter Validus Mission Critical REIT II continues to pick up assets in the data center and healthcare sector.
Healthcare and technology are two high growth sectors of the economy, Michael A. Seton, Chief Executive Officer and President, Carter Validus tells GlobeSt.com. They “create more durable income streams for our shareholders,” he says.
The Indianola Healthcare Facilities Portfolio in Indianola, Iowa, was also recently purchased by Carter Validus for $13.8 million. This portfolio is made up of two medical office buildings. The first building is situated on 1.40 acres containing 18,116 square foot and the second building is situated on 3.26 acres with 20,990 square feet.
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