Carter Validus Mission Critical REIT II completed the merger with Carter Validus Mission Critical REIT for $3.2bn.

Carter Validus Mission Critical REIT completed its $3.2bn merger with Carter Validus Mission Critical REIT II. Both companies are registered, non-traded real estate investment trusts focused on investing in income-producing commercial real estate. Following the merger, the Company is comprised of 150 healthcare and data center properties encompassing 8.7m square feet located across 33 states. "We believe CVREIT is an excellent complement to our portfolio, bolstering our healthcare investment portfolio and supporting our growth strategy through increased size and scale as well as further diversification of our existing tenancy and geographic distribution. We look forward to continuing to demonstrate value creation for our stockholders." Michael A. Seton, CVREIT CEO and President.