HTA ACQUIRES DALLAS HOSPITAL FOR $27.35 MILLION

DALLAS — Healthcare Trust of America (HTA) has acquired a long-term acute care hospital in Dallas for approximately $27.35 million. The four-story property totals approximately 52,300 square feet and contains 60 beds. It is currently being leased on a long-term basis by Dallas LPACH LLC, a subsidiary of St. Louis-based RehabCare. The seller is Gulf States Health Services, which developed the property 2 years ago in a partnership with a local physicians group. HTA also recently closed on a portfolio acquisition in Texas. It acquired a three-building medical office portfolio that includes properties located in San Angelo and Corsicana, Texas. The third property is located in Fort Wayne, Ind. The portfolio traded for approximately $20.5 million and was sold by Atlee Development.