Pinehurst Medical Clinic purchased a medical office building (MOB) in Sanford, North Carolina for $1.895 million, according to a deed filed on April 21.
The transaction expands Pinehurst Medical Clinic’s presence in Sanford, North Carolina. Nichole Etowski, director of business development for Pinehurst Medical Clinic, said the company will continue to provide cardiology and dermatology services at the Sanford MOB and will eventually relocate cardiology services from another facility in Sanford.
Based in Pinehurst, North Carolina, Pinehurst Medical Clinic provides primary and specialty care to Moore County, North Carolina and surrounding areas. Founded in 1952, the company has more than 130 providers and 16 locations throughout Moore, Lee, Chatham and Cumberland counties. It offers a range of primary and specialty care services including cardiology, chronic care management, medical and cosmetic dermatology, electrophysiology, endocrinology and family medicine, among others.
According to data captured in the LevinPro HC database, this represents the 74th MOB transaction of 2023. This is a slight increase from last year, when there were 71 MOB deals announced through April 2022.
