HTA TO PURCHASE MOB FOR $40.65 MILLION

PITTSBURGH — Healthcare Trust of America (HTA) has signed an agreement to acquire a Pittsburgh medical office building for $40.65 million. The Federal North Medical Office Building is located two blocks from Allegheny General Hospital. It contains approximately 191,612 square feet of Class A space over four stories. Occupancy was 99.2 percent at the time of closing, with Allegheny General Hospital occupying or guaranteeing 85 percent of the tenancy. The weighted average term remaining on tenant leases for the building is more than 10 years. The seller's name was undisclosed.