Healthcare: 16-Property Healthcare Portfolio Snapped Up in $162M Cash Deal
Grubb & Ellis Healthcare REIT Inc., currently among the minority of real estate investment concerns that have the cash on hand to make big purchases, has signed an agreement to acquire a 16-building healthcare property portfolio in metropolitan Greenville, S.C., from Greenville Hospital System. The $161.6 million deal will allow the hospital to lease back [...]
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