MEDPROPERTIES GROUP ANNOUNCES ACQUISITION OF MERCY MEDICAL COMMONS IN GILBERT, ARIZONA

January 2, 2014

NORTHBROOK, IL – MedProperties Group has acquired the Mercy Medical Commons in Gilbert, Arizona, in the rapidly growing East Valley region of Phoenix. The building was the winner of the 2010 NAIOP Medical Office Development of the year and is 89% leased to a premier group of medical tenants including Scottsdale Medical Imaging and Arizona Center for Cancer Care. The property is located across from Dignity Health’s 212-bed Mercy Gilbert Medical Center. Dignity Health is the fifth largest hospital provider in the nation. Matthew J. Campbell, Founding Partner and Chief Executive Officer of MedProperties Group states, “Our firm’s portfolio of high quality medical office buildings, ranging from opportunistic, value-add and core asset profiles, continues to expand with over 250,000 square feet acquired in the past year and a half. A strong pipeline of attractive acquisition and development opportunities is expected to continue MedProperties Group’s growth into 2014 and beyond.”