Jul
04

Healthcare Trust of America Buys Medical Office Building in Charleston

By
– Charleston Regional Business Journal

Healthcare Trust of America Inc., an Arizona-based real estate investment trust, has purchased a medical office building adjacent to the Medical University of South Carolina in downtown Charleston.

The trust said it paid $10.5 million for Cannon Park Place, which fronts Calhoun Street between Ashley and Rutledge avenues. The building currently includes a Rite-Aid and offices of MUSC and University Medical Associates, the physician group affiliated with MUSC.

The three-story building, which is about 45,500 square feet and is fully leased, is located near MUSC and the MUSC Children’s Hospital.

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