Grubb & Ellis Healthcare REIT II Enters Agreement to Acquire Parkway Medical Center near Cleveland (PR Newswire via Yahoo! Finance)

Grubb & Ellis Healthcare REIT II, Inc. today announced that it has entered into an agreement to acquire Parkway Medical Center, a two-building medical office portfolio totaling approximately 88,000 square feet in the Cleveland suburb of Beachwood. Â The acquisition is subject to customary closing conditions and the satisfaction of other requirements as detailed in the agreement. Â