REIT TO BUY HEALTHCARE PROJECT IN WIS.

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MONONA, WIS. — New York City-based American Realty Capital Healthcare Trust (ARC) has signed an agreement to acquire a healthcare project currently under development in Monona, a suburb of Madison. The project is a clinical outpatient facility that will be leased at completion to the University of Wisconsin Medical Foundation for a 10-year term. The project will be seeking LEED certification. Completion is expected in September.

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