Grubb & Ellis Acquires Lacombe Medical Office Building
Located at 64030 Highway 434, Lacombe Medical Office Building is on the campus of, and physically connected to, Louisiana Medical Center and Heart Hospital.
Lacombe Medical Office Building is 100 percent leased to five tenants, all of which specialize in the field of cardiac surgery. The property was acquired from CC Lacombe, an unaffiliated third party, represented by Doug Connell of Grubb & Ellis Company.
Danny Prosky, president and COO of the company, said: “As a fully leased facility located on the campus of a thriving medical center, Lacombe Medical Office Building is an ideal acquisition for Grubb & Ellis Healthcare REIT II. Additionally, this off-market acquisition is attractively priced and will be immediately accretive to our bottom line.”
Will this acquisition benefit Grubb & Ellis?
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