Scottsdale, Arizona (July 23, 2012) – Healthcare Trust of America, Inc. (NYSE:HTA) (“HTA”), a fullyintegrated, self‐administered, self‐managed real estate investment trust, announced the execution of adefinitive agreement to acquire the Rush Medical Office Building (“Rush MOB”) in Oak Park, Illinois forapproximately $54 million. The closing of the acquisition is subject to the satisfaction of customaryclosing conditions.
The Rush MOB is being acquired by HTA pursuant to a purchase option associated with a mortgage HTAinvested in during December 2009. The mortgage was secured by the Rush MOB and included an optionin favor of HTA to acquire the Rush MOB beginning in June 2012. The Rush MOB is a 135,000 squarefoot, on‐campus medical office building that is 100% master leased under a triple‐net lease through2019 to Rush University Medical Center. Rush University Medical Center, rated A2 by Moody’s, is a notfor‐profit academic medical center comprising Rush University Medical Center, Rush University, RushOak Park Hospital and Rush Health. The building is connected with an enclosed walkway to Rush OakPark Hospital, which is considered one of the dominant hospitals in the market.
“The Rush transaction continues our Company’s focus on acquiring high‐quality, on‐campus assets thatgenerate value for our stockholders,” stated Chairman and CEO Scott D. Peters.
About Healthcare Trust of America, Inc.Healthcare Trust of America, Inc. (NYSE:HTA), a publicly traded real estate investment trust, is a fullyintegrated,leading owner of medical office buildings. HTA listed its shares on the New York StockExchange on June 6, 2012. HTA is a full‐service real estate company focused on acquiring, owning andoperating high‐quality medical office buildings that are located on the campuses of nationallyrecognized healthcare systems in the major U.S. metropolitan areas. Since its formation in 2006, HTAhas built a portfolio of properties that totals approximately $2.5 billion based on purchase price and iscomprised of approximately 12.4 million square feet of gross leasable area located in 26 states. Formore information on Healthcare Trust of America, Inc., please visit www.htareit.com.
FORWARD‐LOOKING LANGUAGEThis press release contains certain forward‐looking statements with respect to HTA. Forward‐lookingstatements are statements that are not descriptions of historical facts and include statements regardingmanagement’s intentions, beliefs, expectations, plans or predictions of the future, within the meaningof Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Actof 1934, as amended. Because such statements include risks, uncertainties and contingencies, actualresults may differ materially from those expressed or implied by such forward‐lookingstatements. These risks, uncertainties and contingencies include, but are not limited to, the following:the strength and financial condition of the building; the strength and financial condition of the tenants;uncertainties relating to the local economies where HTA owns assets; uncertainties relating to changesin general economic and real estate conditions; uncertainties relating to the implementation of recenthealthcare legislation; uncertainties regarding changes in the healthcare industry; the uncertaintiesrelating to the implementation of HTA’s real estate investment strategy; and other risk factors asoutlined in HTA’s periodic reports, as filed with the Securities and Exchange Commission.