Grubb & Ellis Healthcare REIT makes $42 million portfolio buy

08/23/2010 | GlobeSt.com

Grubb & Ellis Healthcare REIT II has acquired the Cape Girardeau Long-Term Acute Care Hospital in Cape Girardeau, Mo., for $8 million. That transaction is the first under a planned $42 million acquisition of White Oaks Real Estate Investments' Monument Ltach portfolio.

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