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Healthcare Trust of America, Inc. Executes Agreement to Acquire an Approximately 60,800 Square Foot Medical Office Building in Mount Pleasant, South Carolina
Date:3/2/2010

SCOTTSDALE, Ariz., March 2 /PRNewswire/ -- Healthcare Trust of America, Inc. ("HTA"), a self-managed, non-traded, real estate investment trust, announced the execution of an agreement to acquire a medical office building located in Mount Pleasant, South Carolina, a suburb of Charleston, for approximately $10,000,000. In addition, HTA will incur certain acquisition related expenditures. The closing of the acquisition is subject to the satisfaction of a number of conditions.

The Medical Center at East Cooper is an approximately 60,800 square foot building located on the campus of East Cooper Regional Medical Center. The three story building is 90% leased to sixteen tenants.  East Cooper Regional Medical Center is owned and operated as a subsidiary of Tenet Healthcare and is a 100-bed acute care hospital that has served Mount Pleasant residents since 1986.  East Cooper Regional Medical Center is currently expanding and completing construction of a new 130-bed hospital th
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SOURCE Healthcare Trust of America, Inc.
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