UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant To Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of report (Date of earliest event reported): December 30, 2010 (December 29, 2010)
HEALTHCARE REALTY TRUST INCORPORATED
(Exact Name of Registrant as Specified in Charter)
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| MARYLAND
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001-11852
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62-1507028 |
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(State or other
jurisdiction of
incorporation)
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(Commission File Number)
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(I.R.S. Employer
Identification No.) |
3310 West End Ave. Suite 700 Nashville, Tennessee 37203
(Address of principal executive offices) (Zip Code)
(615) 269-8175
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy
the filing obligation of the registrant under any of the following provisions (see General
Instruction A.2. below):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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| Item 1.01. |
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Entry into a Material Definitive Agreement. |
On December 29, 2010, Healthcare Realty Trust Incorporated (the “Company”) executed
a purchase and sale agreement and closed the fee simple acquisition of the Baylor Medical Center at Frisco campus,
comprised of two medical office buildings, a 68-bed acute care
hospital and two parcels of
unimproved land located in Frisco, Texas (the “Portfolio”).
The buildings in the Portfolio include an aggregate of approximately
311,710 square feet, which includes 155,465 square feet in the two
medical office buildings, and are
approximately 87% occupied. The Portfolio sits on 23 acres of land,
including
4.32 undeveloped acres, providing room for additional expansion on the campus.
The Portfolio was purchased by the
Company from four related-party sellers: Frisco Surgery Center Limited; Frisco POB I Limited;
Frisco POB II Limited; and Medland L.P.
The purchase price for the
Portfolio was approximately $133.5 million in cash. The Company also paid customary closing costs and
expenses in connection with the transaction.
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