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Carter Validus Mission Critical REIT II buys NJ medical building for $63.6M

Carter Validus Mission Critical REIT II bought the Select Medical Rehabilitation Facility in Marlton, N.J., for approximately $63.6 million.

The 89,000-square-foot property is fully leased to Kessler Institute for Rehabilitation Inc.

The tenant is a subsidiary of Select Medical Holdings Corp.

The three-story facility provides occupational, speech and recreational therapy, as well as prosthetic training, among a number of other services.