Healthcare Trust of America, Inc. (“HTA”), a self-managed, non-traded, real estate investment trust, announced the completed acquisition of a 53,169 square foot medical office building located in Jacksonville, Florida for $10,775,000.
King Street Medical Office Building is 100% occupied and is home to the Gary and Nancy Chartrand Heart & Vascular Center. The medical office building sits on the campus of St. Vincent’s Medical Center and is connected via sky-bridge to the hospital and parking structure. St. Vincent’s is a 528 bed medical center located on the shore of the St. Johns River in Jacksonville, Florida.
“Healthcare Trust of America, Inc. is proud to be associated with St. Vincent’s and its physicians and programs,” said Mark D. Engstrom, Executive Vice President of Acquisitions for HTA. “This is an expansion of our existing presence in the Jacksonville marketplace and we are excited about the economic future there.”
For more information on Healthcare Trust of America, Inc. visit www.htareit.com .