TORONTO, Jan. 7, 2016 /CNW/ – Mohawk Medical Properties REIT, a private real estate investment trust, announced today it has acquired another class-leading, full service, medical office building in the City of Ottawa, Ontario. Mohawk is excited to continue expanding its portfolio’s regional exposure to Canada’s Capital.
The Carling Broadview Medical Centre is occupied by 52 physicians including general practitioners, plastic surgeons, OB/GYNs, pediatricians, orthopaedics, specialists and medical services including lab, x-ray, pharmacy, physiotherapy and sleep clinic. The property is situated on Carling Avenue, an east-west artery linking the neighbourhood directly with Ottawa’s central business district.
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 building.
The REIT also announced that its rapid expansion continues with another medical property under contract with plans to close later this month.
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 72 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.