White Oak Healthcare MOB REIT has acquired a Class-A medical office building in the Atlanta metropolitan area. The Class-A medical office building is primarily leased to Emory Specialty Associates, a subsidiary of Emory Healthcare and Emory University, the largest hospital health system in the state, and other physician practices.
The property is located in Stonecrest, GA, a submarket with three prominent health system facilities — Hillandale DeKalb Medical Center, Kaiser Permanente Panola Medical Center and East DeKalb Health Center — and strong demographics.
Dr. David Lynn, president and CIO of White Oak Healthcare MOB REIT, said, “We are pleased to add this investment-grade asset in a strong market to our portfolio.”
