SCOTTSDALE, Ariz., Dec. 28,2010 /PRNewswire/ -- Healthcare Trust of America, Inc. ("HTA"), a self-managed, non-traded, real estate investment trust is proud to announce that effective December 20, 2010, Dawna H. Powell, RPA, CCIM has joined the Company as a Regional Vice President focusing on HTA's Indiana portfolio.
Ms. Powell will report directly to Amanda Houghton, Senior Vice President of Asset Management and Finance for HTA, where she will play an integral role in HTA's asset management team by focusing on obtaining high quality healthcare-related tenants who are looking for long-term stability and a reliable management team.
Some of Miss Powell's key roles will include: the daily management of current tenants, working in conjunction with Hokanson Companies to ensure HTA's Indianapolis assets are well maintained and in leasing new space in key buildings; all of which will help strengthen HTA's presence in the Indiana market.
Miss Powell has an extensive 25-year background in real estate portfolio management and she most recently served as the Senior Healthcare Facility Manager at the Hokanson Companies, where she oversaw 900,000 square feet of healthcare-related assets. Prior to joining Hokanson, Dawna worked for a number of reputable property management service companies; including Lauth Healthcare, Bremner Healthcare Real Estate, NBD Property Management, INB Properties and Park Fletcher Industrial and Research Center.
"We are extremely fortunate to have Dawna as part of the HTA asset management team. Dawna's experience and expertise will enhance the quality of service HTA is able to provide to its Midwest region," stated Amanda Houghton, Senior Vice President, Asset Management & Finance for Healthcare Trust of America, Inc. "The addition of this position and establishment of a Midwest office solidifies HTA's commitment to this market."
Since January 2010, HTA has acquired over $660 million in medical office and healthcare-related assets based on purchase price, with a total of 43 individual properties including 2.84 million square feet of gross leasable area, which is 98% leased with an average remaining lease term of 9 years. In addition HTA has executed Purchase and Sale Agreements of additional medical office buildings and healthcare-related assets totaling approximately $1.8 million worth of assets totaling approximately 775,195 square feet.
For more information on HTA, please visit www.htareit.com.
About Healthcare Trust of America, Inc.
Healthcare Trust of America, Inc. is a self-managed, publicly registered, non-traded real estate investment trust. Since January 1, 2010, HTA has acquired approximately $715 million in medical office and healthcare-related assets. These assets include a total of 23 acquisitions representing approximately 3.09 million square feet. Since its formation in 2006, HTA has made 76 geographically diverse acquisitions valued at approximately $2.2 billion based on purchase price, which includes 227 buildings and two other real estate-related assets. HTA's portfolio totals approximately 10.50 million square feet and includes 203 medical office buildings, ten hospitals, nine skilled nursing and assisted living facilities and five other office buildings located in 24 states.
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: the acquisition of two remaining buildings in the Portfolio may not be completed if the conditions to closing are not satisfied; the strength and financial condition of the buildings acquired and to be acquired; the strength and financial condition of the tenants; uncertainties relating to the local economies of the five markets in which the buildings are located; uncertainties relating to changes in general economic and real estate conditions; uncertainties relating to the implementation of recent healthcare legislation; 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 periodic reports, as filed with the Securities and Exchange Commission.
SOURCE Healthcare Trust of America, Inc.