Healthcare Trust buys medical buildings

Healthcare Trust of America Inc., a real estate investment trust based in Scottsdale, has paid $20.5 million for medical office buildings in several states.

Healthcare Trust of America Inc., a real estate investment trust based in Scottsdale, has paid $20.5 million for medical office buildings in several states.

North American Development pays $13.2M for Val Vista center

North American Development Group of Canada purchased a Gilbert shopping center for $13.2 million. The real estate development company, which is based in Markham, Ontario, bought Val Vista Towne Center from Weingarten Realty Investors, a real estate investment trust based in Houston.

North American Development Group of Canada purchased a Gilbert shopping center for $13.2 million. The real estate development company, which is based in Markham, Ontario, bought Val Vista Towne Center from Weingarten Realty Investors, a real estate investment trust based in Houston.

Healthcare Trust buys Denver offices

Healthcare Trust of America Inc. purchased a 66,400-square-foot medical office building in Englewood, Colo., for $18.6 million. Scottsdale-based Healthcare Trust, formerly Grubb & Ellis Healthcare REIT Inc., is a private real estate investment trust that buys medical offices, hospitals and assisted living facilities. It owns about 6.4 million square feet of space in 19 states, including Arizona.

Healthcare Trust of America Inc. purchased a 66,400-square-foot medical office building in Englewood, Colo., for $18.6 million. Scottsdale-based Healthcare Trust, formerly Grubb & Ellis Healthcare REIT Inc., is a private real estate investment trust that buys medical offices, hospitals and assisted living facilities. It owns about 6.4 million square feet of space in 19 states, including Arizona.

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