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Carter Validus Mission Critical REIT Acquires Houston Surgery Center

Carter Validus Mission Critical REIT has acquired the Houston Surgery Center property in Texas for a purchase price of $4.7 million.

The property has 14,000 square feet situated on 1.4 acres of land. It is 100 percent leased to Northwest Surgery Center under a long-term triple net lease with 14 years remaining. Northwest Surgery Center is an affiliate of one of the largest for-profit hospital companies in the U.S., operating approximately 50 hospitals in 10 states.

Related Articles on Transactions & Valuation:
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Paul Phillips Eye & Surgery Center Opens in New Jersey

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