KB EXCHANGE TRUST PURCHASES FIVE MEDICAL PROPERTIES IN TEXAS, MISSOURI, AND OHIO
Los Angeles, CA (November 10, 2016) – KB Exchange Trust ("KB") announced the acquisition of five buildings located in Texas, Missouri, and Ohio; four are leased to Fresenius Medical Care and one is leased to DaVita Dialysis. All five properties are newly-constructed dialysis clinics, totaling a combined rentable space of approximately 63,800 square feet. The properties were acquired in separate transactions for the combined purchase price of $27.9 million.
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