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OhioHealthcare

NAI Ohio Equities, Pleasant Valley to tackle leasing for one of country’s largest healthcare REITs

February 16, 2023
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NAI Ohio Equities and NAI Pleasant Valley have been selected to manage the leasing for Healthcare Realty, one of the largest healthcare REITs in the country.

In July of 2022, Healthcare Realty Trust Incorporate finalized its merger with Healthcare Trust of America Inc. As of September 2022, the company’s portfolio included 728 real estate properties in 35 states totaling about 44.6 million square feet.

Following the merger, Healthcare Realty determined it would use outside parties to manage the leasing responsibilities for its Central Ohio, Cincinnati, Cleveland and Kettering properties, a responsibility that Healthcare Trust of America previously managed in-house.

As a result, Healthcare Realty’s portfolio of Central Ohio medical office buildings has now grown from four to 14, equating to more than 748,000 square feet or roughly 7.5% of Medical Office Building space in the MSA, and will now be managed by NAI Ohio Equities’ Office Brokerage Group of Matt Gregory, Andy Dutcher, Philip Bird, and Mitchell Moore.

The NAI Pleasant Valley team of Alec Pacella, Joe Hauman, and Noah Broadbent will lease the 29,832-square-foot medical office building adjacent to University Hospitals Parma Medical Center at 6789 Ridge Road in Parma, Ohio.

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