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COLUMBIA, MO. — Grubb & Ellis Healthcare REIT II has acquired Columbia Long-Term Acute Care Hospital in Columbia for an undisclosed price. Located at 604 N. Old Highway, the single-story, 31,000-square-foot property was built in 2009. The property is long-term leased by Landmark Holdings of Missouri LLC. Creative Health Capital represented the seller, White Oaks Real Estate Investments in the transaction. Grubb & Ellis Healthcare REIT II financed the acquisition using case proceeds received from its offering and $11 million in borrowings under its line of credit with Bank of America, N.A.