White Oak Healthcare Acquires 4 Class-A Medical Office Buildings in Ohio and Minnesota

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David Lynn

NEW YORK–White Oak Healthcare MOB REIT announced it 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 and surgery center is located in Willmar, Minnesota, 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, OH, near TriPoint Medical Center; the Parschauer Eye Clinic in Sandusky, OH, near Firelands Regional Medical Center; and a multi-tenant building anchored by Southwest Urology in Middleburg Heights, OH, near Southwest General Medical Center.

Dr. David Lynn, President and Chief Investment Officer 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.”