Friday, Grubb & Ellis Healthcare REIT II, Inc. (GBE) said it has entered into an agreement to acquire the Center for Neurosurgery and Spine, a 36,600-square-foot, two-building medical office portfolio in the St. Cloud suburb of Sartell. The acquisition is subject to customary closing conditions and the satisfaction of other requirements as detailed in the agreement.
"The Center for Neurosurgery and Spine is completely occupied and well-located near the region's largest hospital, making it an ideal acquisition for Grubb & Ellis Healthcare REIT II," said Jeff Hanson, chairman and chief executive officer.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.