ACQUISITION
CRITERIA

Property Type:

Medical Office Buildings preferred.
Single or multi-tenant office properties.
Medical and/or dental tenants.
Class A or B+ buildings.

Locations:

All Major MSA's will be considered.

Purchase Price:

$5M to $100M

Cap Rate:

7.00%-7.25% Minimum first year cap rate.

Key Components:

Proximity to a hospital. The closer the better.
Stability of tenancy.
Triple net leases preferred.
Annual rental increases.
High quality construction.
Lack of deferred maintenance.