GRUBB & ELLIS HEALTHCARE REIT ACQUIRES 44,000-SQ-FT MEDICAL OFFICE BUILDING

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LIBERTY TOWNSHIP, OHIO — Grubb & Ellis Healthcare REIT has acquired Liberty Falls Medical Plaza, an approximately 44,000-square-foot medical office building located at 6770 Cincinnati-Dayton Rd. in Liberty Township. The two-story building is currently 91 percent leased. It is located adjacent to the $83 million Liberty Campus, an outpatient center affiliated with Cincinnati Children’s Hospital Medical Center that is scheduled to open in August. The seller, as well as the sale price, were undisclosed.

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