TAMPA, Fla.--(Carter Validus Mission Critical REIT, Inc. announced today that it acquired the Houston Surgery Center property in Houston, TX for a purchase price of $4,700,000.)--
“We are pleased to align Mission Critical REIT with such a high quality, well regarded healthcare organization as we continue to grow our portfolio of mission critical assets.”
The property has 14,000 square feet situated on 1.4 acres of land. It is 100% leased to Northwest Surgery Center, Ltd. under a long-term triple net lease with 14 years remaining. Northwest Surgery Center Ltd. is an affiliate of one of the largest for-profit hospital companies in the U.S., operating approximately 50 hospitals in 10 states.
John Carter, CEO of Carter Validus Mission Critical REIT stated, “We are pleased to align Mission Critical REIT with such a high quality, well regarded healthcare organization as we continue to grow our portfolio of mission critical assets.”
Carter Validus Mission Critical REIT, Inc., is a real estate investment trust that invests in mission critical real estate assets located throughout the United States. Mission critical real estate assets are purpose-built facilities designed to support the most essential operations of tenants. Carter Validus Mission Critical REIT, Inc. focuses its acquisitions of mission critical assets in the data center and healthcare sectors.
This press release contains forward-looking statements within the meaning of federal securities laws and regulations. These forward-looking statements are identified by their use of terms and phrases such as "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "predict," "project," "should," "will" and other similar terms and phrases, including references to assumptions and forecasts of future results. Forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors that may cause the actual results to differ materially from those anticipated at the time the forward-looking statements are made. Although the company believes the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that the expectations will be attained or that any deviation will not be material. The company undertakes no obligation to update any forward-looking statement contained herein to confirm the statement to actual results or changes in the company's expectations.