SEAVEST PURCHASES 65,000-SF OF MEDICAL OFFICE BUILDINGS

NAPA, CALIF. – Seavest Healthcare Properties has purchased two medical office buildings through a trust servicer, who had foreclosed on both properties in early 2010. Located at 1100 Trancas St., this two-building, 65,000-square-foot complex is adjacent to Queen of the Valley Medical Center, Napa’s only acute care hospital. This is Seavest’s fourth California-based acquisition in the past few months. The healthcare real estate fund is based out of White Plains, New York.