Investor Presentation - Medical Office Sector
KEY INVESTMENTS
Mission Healthcare Portfolio
$150M 262k SF - 3Q 2016
4 fee-simple MOBS located on the campus of
Mission Hospital in Orange County, CA, part of
Providence St. Joseph Health (A1)
Indiana Univ Health Portfolio
$90M - 689k SF - Q4 2008
20+ MOB based portfolio primarily affiliated with
IU Health (Aa3) in Indianapolis. Used this market
concentration to establish HTA's first property
management and leasing office in 2010, growing
occupancy by over 20pts during this period while
holding operating expenses below market
inflation.
Albany Developer Portfolio
$197M 962k SF - Q4 2010
Acquired 9 MOB's directly from a local developer
in Albany, NY, primarily affiliated with Albany
Medical Center and Community Care Physicians.
This includes 260k SF Capital Region Healthpark,
one of the first medical malls in the United States.
670 Albany
$102M - 161k SF - Q2 2015
On-campus research and medical education
building located on the Boston Medical Center
(Baa2)/ Boston University (A1) campus.
Tufts Medical Center MOBS
$148M- 252k SF - Q2 2014
Two MOB's attached to the Tufts Medical Center
located in downtown Boston's Chinatown and
theatre district, including the 154k SF Biewend
Building.
Dignity Health Portfolio
$150M 591k SF - April 2017
11 MOBS located primarily on Dignity Health (A3)
hospital campuses in Phoenix and Southern
California. Includes the 168k SF McAuley MOB
located on St. Joseph's Phoenix campus, home to
the Barrow's Neurological Institute.
Banner Healthcare Portfolio
$107M 606k SF - Q4 2009
20 MOBS located on Banner Health (A2) campuses
in Phoenix, AZ. Have since sold 3 single tenant
MOB's generating gains of over $40MM.
Steward Medical Portfolio
$100M 358k SF - Q2 2012
Hospital monetization in which HTA acquired 13
MOB's primarily located on Steward Healthcare's
community hospital campuses throughout the
Boston area.
Yale New Haven Health / Connecticut
Portfolio
$252M 891k SF - Q1/Q2 2016
28 MOBS affiliated with the Yale New Haven
Hospital and Hartford Healthcare. Issued over
$80M in OP unit equity.
Greenville Health Monetization
$163M-856k SF - Q3 2009
Greenville Health System (A1) monetized their 16
MOB portfolio in 2009, selling 16 MOB's to HTA at
a cap rate > 8%.
Duke Healthcare Portfolio
$2.3B -5.2M SF -- 2Q/3Q 2017
71 primarily on-campus MOBS with strong health
system affiliation Baylor Scott & White (A3) and
Ascension (Aa2). ~90% of the assets located in
HTA's key markets including Dallas, Houston,
Indianapolis and Atlanta.
Tampa Developer Portfolio
$77M-197k SF - Q2/Q3 2017
7 MOBS located primarily on HCA
and Bayfront campuses in Tampa,
FL.
Florida Developer Portfolio
$127M-364k SF - Q4 2013
7 MOBS located primarily on HCA
hospital campuses in Tampa and
Miami Palm Beach Florida directly
from a local developer. Included the
150k SF Largo Medical Center MOB
located on HCA's Largo Medical
Center campus.
Tenet - Miami - Palm Beach
Portfolio
$63M 424k SF - Q3 2013
7 properties located on Tenet
Healthcare campuses in Miami -
Palm Beach, including the 133k SF
Victor Farris building attached to
the Good Samaritan Hospital in
West Palm Beach, FL.
Investor Presentation | January 2018
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