Four Corners Property Trust Acquires Heartland Dental Property  

Four Corners Property Trust Acquires Heartland Dental Property  

On October 17, Four Corners Property Trust (FCPT) announced that it purchased a medical outpatient building (MOB) tenanted by Heartland Dental. The purchase price is $3.3 million.   The property is located in a highly trafficked corridor in Oklahoma and is corporate operated under a triple net lease with approximately four years of term remaining. Nothing else regarding the MOB was disclosed.   FCPT, headquartered in Mill Valley, California, is a real estate investment trust primarily engaged in the ownership, acquisition and leasing of restaurant and retail properties. The company aims to expand its portfolio by acquiring additional real estate to lease, on a net... Read More »
Four Corners Property Trust Acquires Heartland Dental Property  

Montecito Medical Makes 25th Acquisition of 2025 

On October 14, Montecito Medical Real Estate announced its 25th acquisition of the year with the purchase of a Suwanee, Georgia medical outpatient building (MOB). Terms were not disclosed.  The 24,500-square-foot MOB is tenanted by Thomas Eye, a dominant eye care provider in the area.  Montecito Medical Real Estate specializes in healthcare-related real estate acquisitions and funding. Since 2006, it has completed transactions involving more than $6.5 billion in medical and veterinary real estate transactions.  With this transaction, Montecito now owns nearly 40 MOBs in the Atlanta, Georgia MSA. Additionally, in 2025, Montecito Medical has expanded its network by more than... Read More »
CBRE Announces Sendero Capital’s First Acquisition of 2025 

CBRE Announces Sendero Capital’s First Acquisition of 2025 

On October 6, CBRE announced that it facilitated the sale of a Woburn, Massachusetts medical outpatient building (MOB) to Sendero Capital.  The MOB is a fully leased, multi-specialty, Class A facility that comprises 76,701 square feet. The MOB is anchored by Winchester Hospital, a member of Beth Israel Lahey Health, which operates multiple high acuity uses at the property including imaging and laboratory services, integrative therapy and a Breast Care Center.   The remaining space is occupied by Excel Orthopedic Specialists, a regional center that specializes in orthopedic surgery, rehabilitation therapy and imaging services such as digital X-ray, musculoskeletal ultrasound, CT and... Read More »
Montecito Medical Announces 24th Acquisition of the Year 

Montecito Medical Announces 24th Acquisition of the Year 

On October 7, Montecito Medical Real Estate announced that it acquired another medical outpatient building (MOB) with the purchase of a San Antonio, Texas facility. Terms were not disclosed. The MOB is tenanted by CHRISTUS Trinity Clinic, part of CHRISTUS Health, which operates a 150-bed hospital nearby. The square footage of the MOB was not disclosed.   Montecito Medical specializes in healthcare-related real estate acquisitions and funding. Since 2006, it has completed transactions involving more than $6.5 billion in medical and veterinary real estate transactions.  “We are pleased by this opportunity to build on our relationship with CHRISTUS Health and add another... Read More »
Four Corners Property Trust Acquires Heartland Dental Property  

Montecito Medical Announces 23rd Acquisition of 2025 

Montecito Medical Real Estate, based in Nashville, Tennessee, announced its third transaction of the month with the acquisition of Tallahassee Memorial HealthCare, a medical outpatient building (MOB).  The MOB comprises 46,969 square feet and is tenanted by Tallahassee Memorial HealthCare. Tallahassee Memorial HealthCare is a dominant nonprofit healthcare system serving a 21-county region across North Florida and South Georgia. Tallahassee Memorial HealthCare uses the MOB to primarily to provide pulmonary care and physical therapy. The system operates a 772-bed acute care hospital and encompasses approximately 50 affiliated practices. Montecito Medical specializes in... Read More »
Montecito Medical Acquires Midland, Texas Medical Property 

Montecito Medical Acquires Midland, Texas Medical Property 

On September 23, Montecito Medical Real Estate announced that it acquired another medical outpatient building (MOB) in Texas.  The Midland, Texas MOB is 100% occupied and comprises 23,000 square feet. Midland Ambulatory Surgery Center is the property’s main tenant, but it also includes an imagery center and a cardiology practice.  Montecito Medical Real Estate specializes in healthcare-related real estate acquisitions and funding. Since 2006, it has completed transactions involving more than $6.5 billion in medical and veterinary real estate transactions.  This marks Montecito’s 22nd acquisition of 2025. The financial terms were not disclosed.  “For the past... Read More »