Navigation Links
Grubb & Ellis Healthcare REIT Acquires Fort Road Medical Building in St. Paul, Minnesota
Date:3/12/2008

SANTA ANA, Calif., March 12 /PRNewswire-FirstCall/ -- Grubb & Ellis Healthcare REIT, Inc. has acquired the Fort Road Medical Building in St. Paul, Minnesota.

Located on approximately one acre of land, the Fort Road Medical Building is a four-story multi-tenant office structure, consisting of approximately 50,000 square feet of gross leasable area. Built in 1981, the building is fully integrated into the United Hospital and Children's Hospital and Clinics of Minnesota -- St. Paul campus, and is connected to nearby hospitals and medical office buildings by underground tunnels. The Fort Road Medical Building is also physically connected to the apartment and condo complex, Irvine Park Towers and Condominiums. The property is currently 90% leased.

"Located in such a thriving area, the Fort Road Medical Building is an excellent addition to our portfolio," said Danny Prosky, Vice President, Acquisitions, Grubb & Ellis Healthcare REIT. "It is also located less than one mile from the Gallery Professional Building, which was acquired by Grubb & Ellis Healthcare REIT approximately one year ago."

Combined, the United Hospital and Children's Hospital and Clinics of Minnesota -- St. Paul campus is an approximate 2,000 bed full-service hospital that serves the Minneapolis and St. Paul communities. The campus includes a 400-stall parking structure directly to the north of the Fort Road Medical Building, which is separately owned and operated.

Grubb & Ellis Healthcare REIT purchased the Fort Road Medical building from Fort Road Associates Limited Partnership, an unaffiliated third party, which was represented by Mark Davis of Davis Real Estate Services Group, LLC. Financing was primarily provided by LaSalle Bank.

As of March 7, 2008, Grubb & Ellis Healthcare REIT has sold approximately 25.8 million shares of its common stock, excluding the shares issued under its distribution reinvestment plan, for approximately $257 million through its init
'/>"/>

SOURCE Grubb & Ellis Healthcare REIT, Inc.
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3

Related medicine news :

1. Grubb & Ellis Healthcare REIT Acquires Medical Portfolio 1
2. Grubb & Ellis Healthcare REIT Acquires Park Place Office Park in Dayton, Ohio
3. Grubb & Ellis Healthcare REIT Acquires Chesterfield Rehabilitation Center in Chesterfield, Missouri in a Joint Venture with Duke Realty
4. Grubb & Ellis Healthcare REIT Increases Line of Credit With LaSalle Bank to $80 Million
5. QueensLander Tours Presents an Adventure Boot Camp Cruise with John Spencer Ellis from Bravos The Real Housewives of Orange County
6. National Quality Forum Spring Conference; Leaders in Healthcare Quality to Focus on National Priorities and Care Coordination
7. Northwestern Memorial Hospital, CAPS, and p4ps Host Consumer Forum to Advance Partnerships to Improve Healthcare Patient Safety
8. National Federation of Independent Business Launches Aggressive Campaign to Drive Healthcare Reform: Solutions Start Here
9. BioMarin to Present at the Lehman Brothers Global Healthcare Conference
10. Eleventh Annual Lehman Brothers Global Healthcare Conference to Webcast Millennium Presentation
11. Santa Rosa Healthcare Workers Seek Accountability From Catholic Hospital System
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/14/2014)... A recent study published in the July 2014 issue ... Child and Adolescent Psychiatry confirms the validity of ... for diagnosis of attention-deficit/hyperactivity disorder (ADHD). , In DSM-5, ... 7 in DSM-IV, has been raised to 12. As ... at 12, rather than an earlier age, to reflect ...
(Date:7/14/2014)... years that have passed since acupuncture was first ... used to treat a number of physical, mental ... rehabilitation, headaches, menstrual cramps, asthma, carpal tunnel, fibromyalgia ... Now, a meta-analysis of randomized controlled trials which ... , the journal of The North American Menopause ...
(Date:7/14/2014)... July 14, 2014 Last month Bromell ... their website. The webpage features more detailed information on ... including motorcycles, RVs, ATVs, and boats in the state ... this new feature to the website in order to ... helps encompass the purpose of the website, which is ...
(Date:7/14/2014)... works could lead to the next generation of treatments ... forms when recently evolved genes are damaged, and cells ... , Astrobiologists Dr Charley Lineweaver from The Australian ... University teamed up with oncologist Dr Mark Vincent from ... model. , "The rapid proliferation of cancer cells ...
(Date:7/14/2014)... July 14, 2014 The report ... Services [Physical Security, Life Safety, Facility Management], IT ... Forecast & Analysis (2014 - 2019)” defines and ... an in-depth analysis and forecasting of revenues. The ... various restraints and opportunities impacting it, along with ...
Breaking Medicine News(10 mins):Health News:Bothered by hot flashes? Acupuncture might be the answer 2Health News:New theory turns cancer on its head 2Health News:Intelligent Building Automation Technologies Market Worth $74.8 Billion by 2019 - New Report by MarketsandMarkets 2Health News:Intelligent Building Automation Technologies Market Worth $74.8 Billion by 2019 - New Report by MarketsandMarkets 3Health News:Intelligent Building Automation Technologies Market Worth $74.8 Billion by 2019 - New Report by MarketsandMarkets 4
... Research Inc. (TSX: NRI), a Canadian drug development company ... that are delivered to and through the skin using ... its financial and operational results for the year and ... Key Corporate Developments:, - ...
... radiologists and referring, ... physicians and specialists , ... GE Healthcare,announced today in Asia the release of Centricity PACS Web ... is tightly,integrated to Centricity RIS/ PACS, which bring comprehensive detailed patient,history ...
... Nursing Productivity in the Treatment of Renal Disease , ... ... 2009 -- iSirona®, an innovative provider of data automation solutions ... agreement with NxStage Medical, Inc. (Nasdaq: NXTM), a leading manufacturer ...
... announces the implementation of its rehabilitation software by HealthPoint ... Southeast Missouri Hospital, a 269-bed regional medical complex serving ... functionality for electronically managing therapy documentation, scheduling, referrals, insurance ... ...
... , New web-based research has quantified the attractiveness of ... the features of one woman into 243 variations with ... waist widths. Then more than 34,000 people judged the ... exactly the same in all of the photos, researchers ...
... Modernizes TechnologyWASHINGTON, Feb. 26 President Obama,s first ... (VA) expands eligibility for health care to an ... years, meets the need for continued growth in ... Afghanistan and provides the resources to deliver quality ...
Cached Medicine News:Health News:Nuvo announces 2008 fourth quarter and year-end financial results 2Health News:Nuvo announces 2008 fourth quarter and year-end financial results 3Health News:Nuvo announces 2008 fourth quarter and year-end financial results 4Health News:Nuvo announces 2008 fourth quarter and year-end financial results 5Health News:Nuvo announces 2008 fourth quarter and year-end financial results 6Health News:Nuvo announces 2008 fourth quarter and year-end financial results 7Health News:Nuvo announces 2008 fourth quarter and year-end financial results 8Health News:Nuvo announces 2008 fourth quarter and year-end financial results 9Health News:Nuvo announces 2008 fourth quarter and year-end financial results 10Health News:Nuvo announces 2008 fourth quarter and year-end financial results 11Health News:Nuvo announces 2008 fourth quarter and year-end financial results 12Health News:GE Healthcare Introduces New Web-Based Diagnostic Viewer with Workflow Integration and Streaming Technology for Hospitals in Asia 2Health News:GE Healthcare Introduces New Web-Based Diagnostic Viewer with Workflow Integration and Streaming Technology for Hospitals in Asia 3Health News:iSirona Signs Reference Selling Agreement with NxStage 2Health News:Southeast Missouri Hospital Implements Chart Links Rehabilitation Software for Therapists 2Health News:Southeast Missouri Hospital Implements Chart Links Rehabilitation Software for Therapists 3Health News:Plastic and reconstructive surgery ... in brief 2Health News:President's 2010 Budget Request Strongly Supports VA Programs 2
(Date:7/11/2014)... Research and Markets  has announced the ... report to their offering. ... a hollow needle commonly used with a syringe to ... fluids from it. A hypodermic needle is used for ... cannot be ingested. Hypodermic needles are broadly classified into ...
(Date:7/11/2014)... July 11, 2014  Australian drug delivery company, Phosphagenics ... has raised A$19.3 million via a placement of A$16.3 ... , the U.S., Asia and ... a share purchase plan (SPP) to be offered to ... made in two tranches. "This capital raising ...
(Date:7/11/2014)... New York , July 11, 2014 ... by Transparency Market Research "Endoscopy Devices Market (Endoscopes, Endoscopic ... Size, Share, Growth, Trends and Forecast, 2013-2019" the global ... in 2012 and is expected to grow at a ... an estimated value of USD 36.9 billion in 2019. ...
Breaking Medicine Technology:Global Hypodermic Needles Market 2014-2018: Key Vendors are Becton, Dickinson and Co, Covidien, Retractable Technologies and Terumo Corp. 2Global Hypodermic Needles Market 2014-2018: Key Vendors are Becton, Dickinson and Co, Covidien, Retractable Technologies and Terumo Corp. 3Phosphagenics' A$19.3 million Capital Raising 2Phosphagenics' A$19.3 million Capital Raising 3Global Endoscopy Devices Market is Expected to Reach USD 36.9 Billion by 2019: Transparency Market Research 2Global Endoscopy Devices Market is Expected to Reach USD 36.9 Billion by 2019: Transparency Market Research 3Global Endoscopy Devices Market is Expected to Reach USD 36.9 Billion by 2019: Transparency Market Research 4Global Endoscopy Devices Market is Expected to Reach USD 36.9 Billion by 2019: Transparency Market Research 5Global Endoscopy Devices Market is Expected to Reach USD 36.9 Billion by 2019: Transparency Market Research 6
... 31, 2011 Restorative Therapies, Inc., advances its new ... injury and paralysis with FDA clearance of the world,s ... system for stepping and standing. FES is ... activity and exercise not otherwise possible for individuals with ...
... Reportlinker.com announces that a new market research ... Global Surgical Incision Closures Industry ... This report analyzes the worldwide markets ... by the following product segments: Stapler Products ...
Cached Medicine Technology:Restorative Therapies, Inc., Today Announced a Rehabilitation Breakthrough, the RT600 Functional Electrical Stimulation (FES) Stepper 2Global Surgical Incision Closures Industry 2Global Surgical Incision Closures Industry 3Global Surgical Incision Closures Industry 4Global Surgical Incision Closures Industry 5Global Surgical Incision Closures Industry 6Global Surgical Incision Closures Industry 7Global Surgical Incision Closures Industry 8Global Surgical Incision Closures Industry 9Global Surgical Incision Closures Industry 10Global Surgical Incision Closures Industry 11Global Surgical Incision Closures Industry 12Global Surgical Incision Closures Industry 13Global Surgical Incision Closures Industry 14Global Surgical Incision Closures Industry 15Global Surgical Incision Closures Industry 16Global Surgical Incision Closures Industry 17Global Surgical Incision Closures Industry 18Global Surgical Incision Closures Industry 19Global Surgical Incision Closures Industry 20Global Surgical Incision Closures Industry 21Global Surgical Incision Closures Industry 22Global Surgical Incision Closures Industry 23Global Surgical Incision Closures Industry 24
... a national reference laboratory and a worldwide ... ARUP offers an extensive test menu of ... clinical and anatomic pathology. Owned by the ... more than half of the nation's university ...
... a national reference laboratory and a worldwide ... ARUP offers an extensive test menu of ... clinical and anatomic pathology. Owned by the ... more than half of the nation's university ...
... national reference laboratory and a worldwide leader ... offers an extensive test menu of highly ... and anatomic pathology. Owned by the University ... than half of the nation's university teaching ...
... national reference laboratory and a worldwide leader ... offers an extensive test menu of highly ... and anatomic pathology. Owned by the University ... than half of the nation's university teaching ...
Medicine Products: