DOC - Mergers and acquisitions

Physicians Realty Trust (NYSE:DOC) (the "Company"), through a joint venture with Dallas, Texas based MedProperties Realty Advisors, LLC ("MedProperties") is proud to announce the closing of the acquisition of Calko Medical Center. This Class-A, free-standing facility, built in 2013, contains 85,567 rentable square feet, anchored by Maimonides Medical Center and physicians associated with Maimonides, and is 100% leased and occupied. The Company owns 90% of the joint venture, with MedProperties owning the remaining 10%. The stabilized cash yield on the investment is 5.5%. This building is anchored by the Brooklyn Surgery Center which is a joint venture with physicians and Maimonides Medical

MILWAUKEE--(BUSINESS WIRE)--Physicians Realty Trust (NYSE: DOC) (the “Company,” the “Trust,” “we,” “our” and “us”), a self-managed health care real estate investment trust, today announced results for the fourth quarter ended December 31, 2020. John T. Thomas, President and Chief Executive Officer of the Trust, commented, “Our success in 2020 resulted from attention to our core values summarized by C.A.R.E. We Collaborate & communicate, Act with integrity, Respect the relationship, and Execute consistently. In 2020 we remained disciplined, operationally and financially, to deliver safer health care facilities for our providers and their patients, as well as safer results for our sh