Mohawk Medical Properties Real Estate Investment Trust Announces Acquisition of Medical Office Building in Brantford, ON
TORONTO, June 22, 2015 /CNW/ - Mohawk Medical Properties REIT, a private real estate investment trust, announced today it has acquired the premier medical office building in Brantford, Ontario.
This newly built, 50,000 square foot building, called the ‘Brantford Medical Centre’, is well located close to Highway 403 providing easy access for the doctors and patients. The building is 100% medically tenanted with two Family Health Organizations, pharmacy, laboratory, X-ray, physiotherapy and other medical services and physicians.
Mohawk Medical Management Corp. will bring its expertise in medical office building management to provide specialized professional management services to tenants and patients at the Brantford Medical Centre.
The REIT has two more medical properties under contract with plans to close both in July.
About Mohawk Medical Properties REIT
Mohawk is a Toronto based private REIT specializing in healthcare real estate and committed to exceptional returns through reasonable risks. Sean Nakamoto and Andrew Shapack, whose combined track record includes 67 medical office building acquisitions, formed Mohawk in September 2012. The firm engages in acquisition, property management and asset management of Canadian medical office buildings financed through syndication to LP investors.
SOURCE: Mohawk Medical Properties REIT
For more information about Mohawk, visit www.mohawkmedical.ca