TAMPA, Fla.--(BUSINESS WIRE)--Carter Validus Mission Critical REIT, Inc. announced today that it has acquired the Physicians Specialty Hospital property in Fayetteville, Arkansas, for $22,625,000.
This 20-bed, short-term acute care surgical hospital measures approximately 55,740 square feet. The property was renovated in 2009, when it was converted into an in-patient specialty hospital. It benefits from a state-of-the-art design that includes four operating rooms, one procedure room, a full scale emergency department, and in-house diagnostic lab and radiology departments.
“Physician Specialty Hospital is a highly regarded surgical hospital in Fayetteville. In 2012, the hospital had the highest patient satisfaction scores of all the hospitals in the area,” says John Carter, CEO of Carter Validus Mission Critical REIT. “We are pleased to add a property of this caliber to our portfolio of mission critical assets.”
Carter Validus Mission Critical REIT, Inc. is a real estate investment trust that invests in mission critical real estate assets located throughout the United States. Mission critical real estate assets are purpose-built facilities designed to support the most essential operations of tenants. Carter Validus Mission Critical REIT, Inc. focuses its acquisitions of mission critical assets in the data center and healthcare sectors.
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