Healthcare Trust Of America : HTA Acquisitions and Development Update - September 2019

3rd Street Medical Center Los Angeles, CA

ACQUISITION & DEVELOPMENT UPDATE September 2019

Forward-looking Statements

This document contains both historical and forward-looking statements. Forward-looking statements are based on current expectations, plans, estimates, assumptions and beliefs, including expectations, plans, estimates, assumptions and beliefs about our company, the real estate industry, pending acquisitions, future medical office building performance and the debt and equity capital markets. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act").

Forward-looking statements include information concerning possible or assumed future results of operations of our Company. The forward-looking statements included in this document are subject to numerous risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements. Assumptions relating to the foregoing involve judgments with respect to, among other things, future economic, competitive, market conditions, and future business decisions, all of which are difficult or impossible to predict accurately and many of which are beyond our control. Although we believe that the expectations reflected in such forward- looking statements are based on reasonable assumptions, our actual results and performance could differ materially from those set forth in the forward-looking statements. Factors which could have a material adverse effect on our operations and future prospects include, but are not limited to: changes in economic conditions affecting the healthcare property sector, the commercial real estate market and the credit market; our ability to complete our pending acquisitions; competition for acquisition of medical office buildings and other facilities that serve the healthcare industry; economic fluctuations in certain states in which our property investments are geographically concentrated; retention of our senior management team; financial stability and solvency of our tenants; supply and demand for operating properties in the market areas in which we operate; our ability to acquire properties, and to successfully operate those properties once acquired; changes in property taxes; legislative and regulatory changes, including changes to laws governing the taxation of REITs and changes to laws governing the healthcare industry; fluctuations in reimbursements from third party payors such as Medicare and Medicaid; changes in interest rates; the availability of capital and financing; restrictive covenants in our credit facilities; changes in our credit ratings; our ability to remain qualified as a REIT; and the risk factors set forth in our 2018 Annual Report on Form 10-K filed on February 19, 2019, as updated by our subsequent filings under the Exchange Act.

Forward-looking statements speak only as of the date made. Except as otherwise required by the federal securities laws, we undertake no obligation to update any forward-looking statements to reflect the events or circumstances arising after the date as of which they are made. As a result of these risks and uncertainties, readers are cautioned not to place undue reliance on the forward looking statements included in this document or that may be made elsewhere from time to time by, or on behalf of, us.

The Company has an effective registration statement (including a prospectus) with the Securities and Exchange Commission (the "SEC"). Before you invest in any offering of the Company's securities, you should read the prospectus in that registration statement and other documents the Company has filed with the SEC for more complete information about the Company and any such offering. You may obtain copies of the Company's most recent Annual Report on Form 10-K and the other documents it files with the SEC for free by visiting EDGAR on the SEC website at www.sec.gov.

Acquisition & Development Update

Healthcare Trust of America, Inc. or "The Company" continues to target external investments that meet its disciplined criteria of being (i) core-critical real estate for healthcare delivery, either on-campus or in core community outpatient settings; (ii) located in fast growing, key markets, and (iii) with strong healthcare provider tenancy, which we believe allows for strong rental growth over time. HTA uses its national operating platform to source acquisition and development opportunities at attractive yields which the Company believes will generate shareholder value over the short and long-term.

As of August 30, 2019, the Company announced year-to-date medical office building ("MOB") investments of (i) $208 million in acquisitions and (ii) $85-90 million in new development projects.

Acquisitions

During 2019, HTA has now closed on $208 million of acquisitions totaling 527,000 square feet of gross leasable area ("GLA"), with expected year one contractual yields over 5.5%, before any operating synergies. These properties are approximately 90% occupied as of closing, and are well located within in HTA's key markets. Over 74% of the properties located on or adjacent to hospital campuses, however, all were acquired on a fee-simple basis.

	MSA1		Price	GLA	Occupancy
Third Street Medical Center	Los Angeles, CA	On-campus	$85,000,000	147,078	90%
Fairfax MOBs	Washington, D.C.	Off-campus	$18,000,000	57,323	98%
Eagle Road Professional	Boise, ID	On-Campus	$11,000,000	57,123	100%
Center
Charleston Condo	Charleston, SC	Off-campus	$801,300	264,981	100%
3Q19 (through 9.1.2019)			$114,801,300	264,195	94%
Streeterville Center	Chicago, IL	On-campus	$40,000,000	72,010	98%
Westport Center	Westport, CT	Off-campus	$18,750,000	37,961	82%
Charlotte MOBs	Charlotte, NC	On/Off-campus	$20,280,000	73,025	95%
1740 South Street	Philadelphia, PA	On-campus	$10,500,000	45,569	97%
Medical Office Condos	Various	On-campus	$3,350,000	34,353	33%
YTD Acquisitions (through			$207,681,300	527,113	90%
9.1.2019)

New Development Projects

During 2019, HTA has reached agreements to develop two new on-campus medical office buildings ("MOBs") with leading health systems in HTA's existing markets. These developments will total approximately 190,000 square feet of GLA and will be developed at expected costs of $85 - $90 million. The developments are expected to have commitments to lease of more than 73% of the space prior to the start of construction, and are being developed to anticipated stabilized yields of over 6.5%. The projects include:

Q3 2019 Announcements	MSA		Investment	GLA	Lease	Completion
	(In 000's)	Commitments
Pavilion III MOB	Dallas, TX	On-campus$55-60,000	107,000	75%	1Q 2021
Memorial Hospital MOB	Bakersfield, CA	On-campus	$30,000	84,000	70%	1Q 2021
Total			$90,000	191,000	73%
In Process
WakeMed Cary MOB	Raleigh, NC	On-campus $43,897	125,000	72%	3Q 2020
Jackson South MOB	Miami, FL	On-campus	$22,117	51,000	70%	1Q 2021
Total In-Process			$156,014	367,000	73%
						3

1Metropolitan Statistical Area

3rd Street Medical Center

Los Angeles, CA
Investment: $85.0MM
Five story, 147,000 SF MOB		3rd Street Medical Center
Adjacent to St. Vincent's Medical Center
90% Occupancy, 7 year WALT1
Fee Simple Ownership
Key Tenants: Children's Hospital LA, AltaMed Health,
UCLA Health, Providence (House Ear Institute)

Strategic Rationale

Third Street Medical Center is a Class A MOB located in the dynamic downtown Los Angeles submarket, an area undergoing tremendous growth and re-development. Demand for medical space within this submarket is strong, with vacancy of less than 4%. The tenant roster includes some of the leading healthcare providers in Southern California locked into long-term leases with annual escalators averaging over 2.5%.

With this acquisition, HTA's investment in the greater Los Angeles/Orange County market now totals more than $325 million with over 700,000 square feet of GLA. This allows for increased scale and efficiencies, allowing for an expansion of HTA's property management and building services platform.

1Weighted Average Lease Term

Acquisition Case Study 4

Acquisition Case Study 5