White Oak Healthcare MOB REIT has acquired four Class-A medical office buildings in Ohio and Minnesota for an undisclosed sum. The four assets total 112,000 square feet and are fully leased to a diverse group of physician practices and surgery centers.
The three facilities in Ohio are located in the greater Cleveland area. They include the Chardon Surgery Center in Chardon, OH, near TriPoint Medical Center; the Parschauer Eye Clinic in Sandusky, OH, near Firelands Regional Medical Center; and a multi-tenant building anchored by Southwest Urology in Middleburg Heights, OH, near Southwest General Medical Center. The Fischer Laser Eye Center and surgery center is located in Willmar, MN, in close proximity to Rice Memorial Hospital.
Dr. David Lynn, president and CIO of White Oak Healthcare MOB Holdings, said, “We are pleased to add these stabilized, high-quality assets with surgery centers to our portfolio of medical office buildings.”
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces.
Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications.
Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
CRE courses for CE credits
Get CE course credits, centered around all things CRE. View our courses today!