NEW YORK– 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, Georgia, 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 Chief Investment Officer of White Oak Healthcare MOB REIT, said, “We are pleased to add this investment-grade asset in a strong market to our portfolio.”
