Carter Validus continues buying spree


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  • | 11:00 a.m. October 28, 2016
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With a deal to acquire a California data center operated by AT&T, Carter Validus Mission Critical REIT II has pushed its total 2016 purchases above $350 million, records show.

The Tampa-based real estate investment trust, which specializes in medical office buildings, health care facilities and other “critical” buildings, bought the Hawthorne, Calif., building last month for $79.5 million.

Including the acquisition, Carter Validus has purchased 16 properties this year in eight states, for a total of $356.5 million, its website indicates.

 

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