Woodside Health is expanding its presence in Arizona with the purchase of Greenfield Medical Office Building, a medical outpatient building (MOB) in Gilbert, Arizona, a suburb of Phoenix.
The MOB comprises 29,828 square feet. Mountain View Surgery Center Gilbert, a joint venture between physician owners and United Surgical Partners International, anchors the building, alongside ophthalmology, dental and vascular tenants. It is 100% occupied.
Woodside Health is a private equity firm that invests in healthcare real estate. Since 2008, the firm has acquired more than 4 million square feet of healthcare real estate and completed approximately $1.5 billion in transaction volume. The firm has medical and health-related properties in Arizona, Nevada, Texas, Florida, Georgia and Ohio.
This transaction marks Woodside Health’s first acquisition of the year. The financial terms were not disclosed. Woodside Health announced seven acquisitions throughout 2025, and four in 2024.
According to data captured in the LevinPro HC database, this deal marks the 51st MOB transaction of the year, and the second in Arizona. There were 232 MOB deals reported throughout 2025, and 213 in 2024. MOB activity in 2026 accounts for almost 13% of the 400 healthcare transactions that have been announced this year, so far.
