Physicians Realty Trust acquires West Tennessee Bone & Joint

Physicians Realty Trust, a self-managed healthcare properties REIT, closed $81.7 million of medical facility investments in November and December 2014.

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One of these investments was in West Tennessee Bone and Joint in Jackson. The company purchased two adjacent buildings for $9.9 million. The two buildings are a combined 36,494 square feet.

The West Tennessee Bone and Joint Buildings house an ambulatory surgery center, physician offices and imaging services.

The orthopedic physician group signed a new 15-year absolute net lease.

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