HTA Drops $63M On South Fla. Medical Office Buildings

Law360, New York (September 23, 2013, 2:32 PM EDT) -- Healthcare Trust of America Inc. has acquired six on-campus medical office buildings in South Florida affiliated with Tenet Healthcare Corp. for $63 million, the Arizona-based real estate investment trust announced Monday.

The buildings are all located in the Miami metropolitan area or in nearby Ft. Lauderdale and West Palm Beach, HTA said. The properties are all commercial buildings that are linked directly to hospitals.

The hospitals affiliated with the properties are all managed by Tenet, a Texas-based health care delivery services company.

The acquisitions are a...
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