Investor Presentation - Medical Office Sector slide image

Investor Presentation - Medical Office Sector

ON-CAMPUS/ ADJACENT (70%) Hospital Campus PATEWOOD MEMORIAL HOSPITAL ST. FRANCIS EASTSIDE PATEWOOD MOB C PATEWOOD MOB B PATEWOOD PATEWOOD BDMOB A GREENVILLE, SC - $179M, ACQUIRED 2009 HTA OWNED MOBS Academic Medical Center BOSTON UNIVERSITY MEDICAL CENTER BOSTON MEDICAL CENTER BIOSQUARE TUFTS MEDICAL CENTER 1.MILE 670 ALBANY STREET AT BOSTON MEDICAL CENTER HTA OWNED MOBS TUFTS & BOSTON UNIVERSITY, BOSTON, MA - $250M, ACQUIRED 2014-2015 Benefits: Health system and academic campuses have significant investments in healthcare infrastructure that is difficult to relocate - long-term, steady demand Aligned or located on campuses of nationally and regionally recognized healthcare systems High energy campuses where hospitals/universities are expanding and recruiting physicians Physician convenience - hospital utilization or teach/research at medical schools Considerations: Ground leases imposed by health systems can often restrict tenants in on-campus MOBs; hospital campuses not always convenient for patients More hospitals consolidating as more procedures move to outpatient settings Investor Presentation | January 2018 PAGE 16
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