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Peters, president discloses bb king when love comes to town and chief bbking youtube gathers executiveofficer, Grubb & Ellis Healthcare REIT.Marietta Health Park is host to multiple tenants, including MariettaSurgical Center, a free-standing ambulatory surgery center specializing inoutpatient surgical and diagnostic procedures that occupies approximately 40percent of the building.The surgical center's space accommodates six largesurgical suites and four specialty procedure rooms including stereotacticbreast, pain and gastrointestinal rooms.The property was acquired from Marietta Medical Park LLC, a Delawarelimited liability company represented by Lori Schneider and David Gant ofMarcus & Millichap Real Estate Investment Services.Grubb & Ellis HealthcareREIT primarily financed this acquisition with cash on hand and debtassumption.About Grubb & Ellis Healthcare REITGrubb & Ellis Healthcare REIT, Inc. is a publicly registered, non-tradedreal estate investment trust which offers a monthly distribution of 7.25percent per annum.As of December 19, 2008, Grubb & Ellis Healthcare REIT has soldapproximately 72 million shares of its common stock, excluding the sharesissued under its distribution reinvestment plan, for approximately $720million through its initial public offering, which began in the third quarterof 2006.The REIT is conducting a best efforts offering of up to 200,000,000shares of its common stock.Grubb & Ellis Healthcare REIT has made 42 geographically diverse propertyacquisitions and other real estate-related investments valued at approximately$966.4 million based on purchase price, which includes 129 buildings, as ofDecember 31, 2008.The REIT's property portfolio totals 5.1 million squarefeet, and includes 110 medical office buildings, four hospitals, 12 skillednursing and assisted living facilities and three other office buildingslocated in 17 states, including: Arizona, California, Colorado, Florida,Georgia, Indiana, Kansas, Minnesota, Missouri, New Hampshire, Ohio, Oklahoma,Pennsylvania, Tennessee, Texas, Utah and Virginia.About Grubb & Ellis CompanyGrubb & Ellis Company (NYSE: GBE), one of the largest and most respectedcommercial real estate services companies, is the sponsor of Grubb & EllisHealthcare REIT, Inc. With more than 130 owned and affiliate officesworldwide, Grubb & Ellis offers property owners, corporate occupants andinvestors comprehensive integrated real estate solutions, includingtransaction, management, consulting and investment advisory services supportedby proprietary market research and extensive local market expertise.Grubb & Ellis and its subsidiaries are leading sponsors of real estateinvestment programs that provide individuals and institutions the opportunityto invest in a broad range of real estate investment vehicles, includingtax-deferred 1031 tenant-in-common (TIC) exchanges; public non-traded realestate investment trusts (REITs) and real estate investment funds. As ofSeptember 30, 2008, more than $3.8 billion in investor equity has been raisedfor these investment programs. The company and its subsidiaries currentlymanage a growing portfolio of more than 225 million square feet of realestate. In 2007, Grubb & Ellis was selected from among 15,000 vendors asMicrosoft Corporation's Vendor of the Year.
For more information regardingGrubb & Ellis Company, please visit LANGUAGEThis press release contains certain forward-looking statements withrespect to the tenant base of Marietta Health Park and the value of MariettaHealth Park's close proximity to a major area hospital bb king lucille . Forward-lookingstatements are statements that are not descriptions of historical facts andinclude statements regarding management's intentions, beliefs, expectations,plans or predictions of the future, within the meaning of Section 27A of theSecurities Act of 1933, as amended, and Section 21E of the Securities ExchangeAct of 1934, as amended for bbking . Because such statements include risks, uncertaintiesand contingencies, actual results may differ materially from those expressedor implied by such forward-looking statements bbking pictures . These risks, uncertainties andcontingencies include, but are not limited to, the following: the strength andfinancial condition of each tenant; uncertainties relating to the localMarietta, Georgia economy; the strength and financial condition of WellStarKennestone Hospital; uncertainties relating to changes in general economic andreal estate conditions; uncertainties regarding changes in the healthcareindustry; the uncertainties relating to the implementation of our real estateinvestment strategy; and other risk factors as outlined in the company'sprospectus, as amended from time to time, and as detailed from time to time inour periodic reports, as filed with the Securities and Exchange Commission.SOURCEGrubb & Ellis Healthcare REIT, Inc.Investors, Scott D the thrill is gone mp3 .
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