Monday, September 20, 2010
Grubb & Ellis Healthcare REIT II Acquires $45 Million Skilled Nursing Facility Portfolio in Virginia
The $45 million acquisition is comprised of the following properties:
Maple Grove Health Care Center – Lebanon
Maple Grove Health Care Center is a single-story building constructed in 1990 that consists of 60 beds and 23,000 square feet on a 4.12-acre parcel. The property currently has a lease in place that runs through January 2025 with two additional 10-year renewal options.
The Brian Center of Fincastle – Fincastle