LAWTON, OKLA. AND ENNIS, TEXAS — Grubb & Ellis Healthcare REIT II has acquired Lawton Medical Office Building Portfolio, a two-property medical office building portfolio on the campus of Southwestern Medical Center in Lawton, Okla., and Ennis Medical Office Building, a 30,000-square-foot medical office in Ennis, Texas. Located at 5604 and 5606 SW Lee Blvd., the Lawton Medical Office Building Portfolio is comprised of two three-story Class A single-tenant facilities totaling approximately 62,000 square feet. The buildings are fully leased to the medical center until 2023, with options that could extend the leases until 2033. The Oklahoma medical portfolio was acquired from Southwestern MOB I, LLC.
Built in 2008, Ennis Medical Office Building is a single-story, multi-tenant medical office building located adjacent to Ennis Regional Medical Center, a 60-bed acute-care facility serving the Dallas suburb. It is 95 percent leased to tenants that include a primary medical services provider, an outpatient surgery center and an internal medicine practice. The Ennis medical building was acquired from New Bardwell Partners, LP, which was represented by Jim Moloney of Cain Brothers.