SCOTTSDALE, Ariz.-- Healthcare Trust of America, Inc. (HTA), a self-managed, non-traded, real estate investment trust, announced the completed acquisition of Hampden Place Medical Center, a 66,339 rentable SFmedical office building located in Englewood, Colorado, for approximately $18,600,000.
Hampden Place Medical Center is located within the Englewood City Center, a transit-oriented, mixed-use redevelopment district. Built in 2004, the state-of-the-art medical office building is near the Swedish Medical Center and was developed in conjunction with local physicians and the HCA HealthOne Hospital System. The building houses an ambulatory surgery center, medical imaging and physiotherapy facilities, and medical offices for orthopedic, hematology-oncology and related-physician practices. The Swedish Medical Center is one of the flagship hospitals for HCA HealthOne and includes 386 licensed beds and a Level I trauma center.
"We were attracted to this project for several reasons, including the quality of the tenants and the prime location of the building. The services within this project really work well together," stated Mark D. Engstrom, HTA's executive vice president of acquisitions. "The seller, Development Solutions Group, and their physician partners have been excellent to work with on this transaction."
For more information on Healthcare Trust of America, Inc. and to download the current prospectus, please visit www.htareit.com.