Isaac buys two Dialysis Medical Facilities in North Carolina from Suntrust Bank

June 03, 2009

Isaac buys two Dialysis Medical Facilities in North Carolina from Suntrust Bank

We are pleased to announce the acquisition of two medical dialysis buildings in North Carolina leased by Davita Dialysis. With a market cap of $10 Billion, sales volume of $5 Billion and over 1,400 clinics in the U.S., Davita is the second largest dialysis provider in the United States and in the world. Davita trades on the NYSE (ticker:DVA). The lease is 12 years in term and is an 'absolute triple net lease'.

The seller, Suntrust Bank, is a leading business bank headquartered in Atlanta, GA.

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