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Article: HCP Medical Office Portfolio, LLC Announces Definitive Agreement to Acquire $460 Million in Medical Office Buildings from MedCap Properties, LLC.
- Article from:
- Business Wire
- Article date:
- October 1, 2003
CopyrightCOPYRIGHT 2003 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business Editors/Real Estate Writers
CHICAGO & STAMFORD, Conn.--(BUSINESS WIRE)--Oct. 1, 2003
New Joint Venture Formed by GE Commercial Finance and Health Care
Property Investors, Inc.
HCP Medical Office Portfolio has entered into a definitive agreement to acquire 100 medical office buildings from MedCap Properties, LLC. The transaction will close on October 2, 2003. The 5.5 million square feet of medical office buildings in the portfolio are located predominantly on the campuses of HCA Inc. (NYSE: HCA) affiliate hospitals throughout the country. HCA is a leading operator of hospital facilities in the United States.
HCP ...