Carter Validus continues buying spree
October 28, 2016 | BY: KEVIN MCQUAID | Business Observer
With a deal to acquire a California data center operated by AT&T, Carter Validus Mission Critical REIT II has pushed its total 2016 purchases above $350 million, records show.
The Tampa-based real estate investment trust, which specializes in medical office buildings, health care facilities and other “critical” buildings, bought the Hawthorne, Calif., building last month for $79.5 million.
Including the acquisition, Carter Validus has purchased 16 properties this year in eight states, for a total of $356.5 million, its website indicates.
The time (at Blue Vault's 2nd Annual Broker Dealer Educational Summit) proved extremely informative.