UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 


 

FORM 8-K /A

 


 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): February 5, 2015

 


 

PHYSICIANS REALTY TRUST

(Exact name of registrant as specified in its charter)

 


 

Maryland
(State or other jurisdiction of
incorporation or organization)

 

001-36007
(Commission File Number)

 

46-2519850
(I.R.S. Employer Identification No.)

 

735 N. Water Street, Suite 1000

Milwaukee, Wisconsin
(Address of principal executive offices)

 

53202
(Zip Code)

 

Registrant’s telephone number, including area code: (414) 978-6494

 

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:

 

o            Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o            Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o            Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o            Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 



 

Explanatory Note

 

This Current Report on Form 8-K/A amends and supplements the Current Report on Form 8-K, as filed on February 6, 2015, by Physicians Realty Trust (the “Company”) to include historical financial statements and unaudited pro forma financial information required to be filed by Item 9.01 (a) and (b), for the Company’s acquisition of the approximately 63,500 square foot medical office building located in Minnetonka, Minnesota (the “Minnetonka MOB”).

 

Due to the requirements of Rule 3-14 of Regulation S-X, the Company is also presenting Rule 3-14 financial statements for the acquisition of six additional properties in the Minneapolis-St. Paul Metropolitan area and one additional medical office facility located in Jamestown, North Dakota.  In the aggregate, the 8 property portfolio (together, the “Minneapolis Properties”) is approximately 362,654 square feet. The individual properties comprising the Minneapolis Properties are described below.

 

Property(1)

 

Location

 

Acquisition
Date

 

Square feet

 

Purchase
Price

(in thousands)

 

Edina Medical Office Building

 

Edina, MN

 

January 22, 2015

 

68,385

 

$

14,190

 

Savage Medical Office Building

 

Savage, MN

 

January 22, 2015

 

33,778

 

12,800

 

Crystal Medical Office Building

 

Crystal, MN

 

January 22, 2015

 

44,865

 

14,782

 

Dell Rd Medical Office Building

 

Chanhassen, MN

 

January 22, 2015

 

20,357

 

6,410

 

Vadnais Heights Medical Office Building

 

Vadnais Heights, MN

 

January 29, 2015

 

56,700

 

18,422

 

Minnetonka MOB

 

Minnetonka, MN

 

February 5, 2015

 

63,500

 

26,000

 

Jamestown Medical Office Building

 

Jamestown, ND

 

February 5, 2015

 

45,222

 

12,819

 

Minnesota Eye Medical Office Building

 

Minnetonka, MN

 

February 17, 2015

 

29,547

 

10,882

 

 

 

 

 

 

 

 

 

$

116,305

 

 

Item 9.01       Financial Statement and Exhibits

 

(a)   Financial Statements of Property Acquired — Minneapolis Properties.

 

The following Combined Statement of Revenues and Certain Direct Operating Expenses are set forth in Exhibit 99.1 which are attached hereto and incorporated by reference.

 

Independent Auditors’ Report.

 

Combined Statement of Revenues and Certain Direct Operating Expenses for the year ended December 31, 2014.

 

Notes to the Combined Statement of Revenues and Certain Direct Operating Expenses.

 

(b)   Pro Forma Financial Information.

 

The following pro forma financial statements are set forth in Exhibit 99.2 which are attached and incorporated herein by reference.

 

Unaudited Pro Forma Condensed Condensed Consolidated Balance Sheet as of December 31, 2014.

 

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Notes to the Unaudited Pro Forma Condensed Consolidated Balance Sheet.

 

Unaudited Pro Forma Condensed Consolidated Statement of Operations for the year ended December 31, 2014.

 

Notes to Unaudited Pro Forma Condensed Consolidated Statements of Operations.

 

(c) Not applicable.

 

(d) Exhibits

 

23.1                        Consent of Ernst & Young LLP

99.1                        Financial Statements of Property Acquired —Minneapolis Properties

99.2                        Unaudited Pro Forma Financial Information

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

Date: April 17, 2015

PHYSICIANS REALTY TRUST

 

 

 

 

 

 

 

By:

/s/ John T. Thomas

 

 

John T. Thomas

 

 

President and Chief Executive Officer

 

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EXHIBIT INDEX

 

Exhibit No.

 

Description

 

 

 

23.1

 

Consent of Ernst & Young LLP

99.1

 

Financial Statements of Property Acquired —Minneapolis Properties

99.2

 

Unaudited Pro Forma Financial Information

 

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