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Supurva Healthcare Group, Inc. (OTC Pink: SPRV) has signed a Letter of Intent to acquire a Class A Medical Office Building in Northern California. This 50,000 square foot facility is primarily leased to a credit-rated health system with a history of increased occupancy over the last 20 years. The company's CEO, John D. Murphy Jr., emphasized the strong financial position of the tenant and favorable lease terms. The acquisition is subject to customary conditions, with expectations for closing within 90 days.
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