White Oak Healthcare MOB REIT buys four medical offices

White Oak Healthcare MOB REIT has acquired four, class A medical office buildings in Ohio and Minnesota. The four assets total 112,000 square feet and are fully leased to a diverse group of physician practices and surgery centers. The Fischer Laser Eye Center is located in Willmar, Minn., in close proximity to Rice Memorial Hospital.

The three facilities in Ohio are located in the greater Cleveland area and include the Chardon Surgery Center in Chardon, Ohio, near TriPoint Medical Center; the Parschauer Eye Clinic in Sandusky, Ohio, near Firelands Regional Medical Center; and a multi-tenant building anchored by Southwest Urology in Middleburg Heights, Ohio, near Southwest General Medical Center.

Dr. David Lynn, president and CIO of White Oak Healthcare MOB Holdings, who is leading the REIT, said, “We are pleased to add these stabilized, high-quality assets with surgery centers to our portfolio of medical office buildings.”