The properties are in California, Texas, Maryland and Louisiana and are more than 1 million square feet combined.
The tenants include Dallas-based Baylor Scott & White, Bryan-based Texas A&M Health Science Center, Lubbock-based Texas Tech University, Houston-based Memorial Hermann and Salisbury, Md.-based Tidal Health.
GFH’s portfolio in the U.S. medical office building sector is valued at $1 billion, according to thenationalnews.com.
“Aging populations and growth in outpatient care … continue to make the sector highly recession-resilient and unimpacted by economic cycles,” Nael Mustafa, co-chief investment officer of real estate at GFH, told thenationalnews.com.
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