On November 3, Woodside Health reported that it acquired the Pinnacle Medical Outpatient Building, a medical outpatient building (MOB) in Bend, Oregon.
Built in 2007, the 37,486 square foot MOB sits on 3.8 acres and is 100% leased to a diverse group of medical practices. The building is strategically located in Bend’s medical corridor with proximity to St Charles Bend Hospital, a 344-bed level II trauma center and twelve nearby senior living communities.
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 marks the firm’s first investment in the state, further expanding its national footprint. This acquisition represents Woodside Health’s 68th investment since its founding in 2008.
According to data in the LevinPro HC database, this marks the 190th MOB transaction announced since the start of the year. So far, MOBs account for more than 10% of the 1,970 healthcare transactions that have been reported in 2025. Throughout all of 2024, 213 MOB transactions were announced and 199 were reported in 2023.
