MedProperties Realty Advisors, Capital Security Advisors and Physicians Realty Trust acquired a 140,205-square-foot medical office building in Dover, Del., Delaware Business Now reports.
What you should know:
1. The medical office building is 94 percent leased to 23 tenants. The building has a 24,000-square-foot surgery center.
2. Dover-based Eden Hill Medical Center sold the building. The medical center developed the building in 2008.
3. The building was supposed to anchor a 23-acre master development, but the plan never came to fruition.
4. Despite the lackluster reception to the master plan, the medical office building has touted a 90 percent lease rate since it opened in 2008.