TAMPA, Fla.--(BUSINESS WIRE)--Carter Validus Mission Critical REIT II, Inc. (“CVMCR II”) announced that it acquired its second healthcare property, Mercy Healthcare Facility, a 14,868-square-foot integrated medical facility located in Cincinnati, OH.
The facility was built in 2001, and includes 22 examination rooms as well as two phlebotomy areas. Physicians practicing in the facility focus on the areas of neurology, gastroenterology, primary care, and endoscopy.
The property is 100% leased to Mercy Health Physicians Cincinnati LLC, a wholly owned subsidiary of Mercy Health. Mercy Health operates over 100 healthcare facilities, including 24 hospitals, 26 diagnostic imaging centers, 16 ambulatory surgical centers and eight long-term care facilities.
“Since its inception, Mercy Health has delivered high-quality healthcare to the Greater Cincinnati area,” said Michael Seton, President and Chief Investment Officer, Carter Validus Advisors II, LLC. “This experience, combined with nationally-recognized patient safety and quality,* brings an outstanding level of care to the community. We are pleased to be working with high-quality tenants like Mercy Health and to be able to add this facility to our portfolio of mission critical assets.”
Gary Fisher of NAI Bergman represented the seller.
About Carter Validus Mission Critical REIT II, Inc.
Carter Validus Mission Critical REIT II, Inc. is a public, non-traded company that intends to qualify as a real estate investment trust (REIT). The REIT intends to acquire mission critical real estate assets located throughout the United States and abroad. Mission critical real estate assets are purpose-built facilities designed to support the most essential operations of tenants. Carter Validus Mission Critical REIT II, Inc. will focus its acquisitions of mission critical assets in the data centers and healthcare sectors.
*Four of Mercy Health’s hospitals are recipients of the Distinguished Hospital Award for Patient Safety by a leading national healthcare monitoring organization. *Three Mercy Hospitals have been named among the nation’s 100 Top Hospitals
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