White Oak Healthcare made its first acquisition in Nevada, a medical office building in Henderson, for $18.8 million, Commercial Property Executive reported Feb. 2.
The facility, built in 2008, has a two-story parking garage and is occupied by Coronado Medical and Surgery Center. The building is fully leased, and most tenants have long-term leases.
White Oak Healthcare has already acquired eight medical office buildings this year.
Nuveen said the appeal of medical office buildings as investments will continue to gain in popularity over the next decade.