Four new deals for Physicians Realty Trust

|About: Physicians Realty Trust (DOC)|By:, SA News Editor

The four unrelated deals total $44.9M, with an average first year unlevered cash yield of 7.8%. The purchases include a total of six buildings located in North Carolina, Wisconsin, and Indiana, and they increase the total value of DOC's portfolio to over $500M from $124M at the time of its IPO one year ago (the stock has gained 25% while paying a dividend in the 6-7% range).