EX-99.1 2 exhibit1.htm EX-99.1 EX-99.1

PRESS RELEASE

         
 
       
Investor Contact:
  Acquisitions Contact:   Media Contact:
 
       
 
       
Scott D. Peters
President & CEO
Healthcare Trust of America, Inc.
480.998.3478
scottpeters@htareit.com
  Mark D. Engstrom
EVP — Acquisitions
Healthcare Trust of America, Inc.
480.998.3478
markengstrom@htareit.com
  Claire Koeneman
President
Financial Relations Board
312.640.6745
ckoeneman@mww.com

Healthcare Trust of America, Inc. Announces 2009 Acquisitions

Scottsdale, Arizona (February 16, 2010) – Healthcare Trust of America, Inc. (“HTA”), a self-managed, non-traded, real estate investment trust, announced that in 2009, HTA completed 13 acquisitions comprised of 54 medical office buildings totaling 2,257,634 square feet and one real estate-related asset.  The total purchase price of these acquisitions was approximately $494,259,000.

As of December 31, 2009, HTA’s portfolio included 7.4 million square feet of gross leasable area, which is approximately 91% occupied, and brings HTA’s total portfolio to approximately $1.46 billion based on acquisition price.  As of July 2009, HTA completed its transition to self-management.  During 2009, HTA maintained a patient and prudent acquisition strategy which allowed it to build a strong cash position.  As a result, HTA was able to close the Greenville Hospital Portfolio in September 2009 with all cash and close $253 million in acquisitions in December of 2009, while maintaining a low debt ratio.

HTA closed the following acquisitions in 2009:

                 
Greenville Hospital Portfolio  
Greenville, SC
  $ 162,820,000  
Banner Sun City Medical Portfolio  
Sun City, AZ
    107,000,000  
Wisconsin Medical Portfolio II  
Franklin, WI
    40,700,000  
Rush Presbyterian Note  
Oak Park, IL
    37,500,000  
Wisconsin Medical Portfolio I  
Milwaukee, WI
    33,719,000  
Dallas LTACH  
Dallas, TX
    27,350,000  
Atlee Medical Portfolio  
Indiana & Texas
    20,500,000  
Hampden Place MOB  
Englewood, CO
    18,600,000  
Mary Black MOB  
Spartanburg, SC
    16,250,000  
Denton Medical Rehab Hospital  
Denton, TX
    15,485,000  
Smyth Professional Building  
Baltimore, MD
    11,250,000  
Mountain Empire MOB  
Rogersville, TN
    2,275,000  
Lima MOB, Ste. 207 & 240  
Lima, OH
    810,000  
       
Total:
  $ 494,259,000  

“These acquisitions reflect and are consistent with our company’s long term acquisition strategy to acquire quality assets associated with strong healthcare providers in key markets in the United States.   We believe these assets will increase cash flow.  Our strong cash position and strong balance sheet continue to allow us to acquire quality assets throughout 2010,” said Scott D. Peters, HTA’s Chairman and Chief Executive Officer.

FORWARD-LOOKING LANGUAGE
This press release contains certain forward-looking statements with respect to HTA. Forward-looking statements are statements that are not descriptions of historical facts and include statements regarding management’s intentions, beliefs, expectations, plans or predictions of the future, within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Because such statements include risks, uncertainties and contingencies, actual results may differ materially from those expressed or implied by such forward-looking statements. These risks, uncertainties and contingencies include, but are not limited to, the following: uncertainties relating to changes in general economic and real estate conditions; uncertainties regarding changes in the healthcare industry; the uncertainties relating to the implementation of HTA’s real estate investment strategy; and other risk factors as outlined in HTA’s prospectus, as amended from time to time, and as detailed from time to time in the HTA’s periodic reports, as filed with the Securities and Exchange Commission.