SCOTTSDALE, ARIZONA, October 29, 2018 | Scottsdale, AZ — Healthcare Trust of America, Inc. (NYSE:HTA), the largest dedicated owner and operator of medical office buildings in the United States, announced today their partnership with the Bay Pines Veterans Affairs at the Company’s Naples, FL Commons V Medical Office Building.
The new partnership brings HTA’s occupancy in the building to 82.43%. Over the past 14 months, HTA worked closely with VA to customize a space to meet their practice demand needs. The Commons V property is a beautiful, professionally managed three story MOB located in a tranquil setting with easy patient access with drive-up drop off at front door. It is located one mile from the Downtown Naples Community Hospital.
Henry Torre, Vice President of Operations welcomed the VA as a HTA tenant at Thursday’s ribbon cutting ceremony. He remarked, “Thank you all for choosing Healthcare Trust of America as your partner. HTA is proud to support the VA and we wholeheartedly welcome you as a tenant.” The new outpatient location is vital to the 7,500 U.S. Veterans who are cared for by the Bay Pines VA Healthcare System.
Healthcare Trust of America, Inc. (NYSE: HTA) is the largest dedicated owner and operator of medical office buildings in the United States, comprising approximately 23.2 million square feet of GLA, with $6.8 billion invested primarily in medical office buildings. HTA provides real estate infrastructure for the integrated delivery of healthcare services in highly-desirable locations. Investments are targeted to build critical mass in 20 to 25 leading gateway markets that generally have leading university and medical institutions which translates to superior demographics, high-quality graduates, intellectual talent and job growth. The strategic markets HTA invests in support a strong, long-term demand for quality medical office space. HTA utilizes an integrated asset management platform consisting of on-site leasing, property management, engineering and building services, and development capabilities to create complete, state of the art facilities in each market. This drives efficiencies, strong tenant and health system relationships, and strategic partnerships that result in high levels of tenant retention, rental growth and long-term value creation. Headquartered in Scottsdale, Arizona, HTA has developed a national brand with dedicated relationships at the local level.
Founded in 2006 and listed on the New York Stock Exchange in 2012, HTA has produced attractive returns for its stockholders that have outperformed the S&P 500 and US REIT indices. More information about HTA can be found on the Company’s Website (www.htareit.com), Facebook, LinkedIn and Twitter.
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