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Mercedes Scientific Picks Up Bell Medical Services in New Jersey

Mercedes Scientific Picks Up Bell Medical Services in New Jersey

by | Apr 9, 2025 9:59 am | Other Services

Mercedes Scientific kicked off April 2025 by announcing its acquisition of Bell Medical Services in Marlboro Township, New Jersey. Bell Medical Services is a second-generation family-owned company that provides medical and pharmaceutical products to healthcare professionals, primarily serving physician offices and healthcare providers in the Northeast. The company was founded in 1972. Founded in 1991, Mercedes Scientific is a family-owned importer and distributor of laboratory products and medical supplies. The company is based in Lakewood Ranch, Florida and has been serving laboratories for more than 34 years. The merger expands Mercedes Scientific’s distribution footprint to three... Read More »
TM Medical Properties Acquires Georgia Medical Outpatient Building Portfolio 

TM Medical Properties Acquires Georgia Medical Outpatient Building Portfolio 

by | Apr 3, 2025 10:34 am | Other Services

On March 31, Brown Gibbons Lang & Company announced the sale of a Dermatology Associates of Georgia (DAG) medical outpatient building (MOB) portfolio. The buyer was TM Medical Properties, LLC.  The DAG portfolio has locations in Decatur, Suwanee and Monroe, Georgia. DAG offers a full range of medical, surgical, and cosmetic dermatology services. With four locations throughout the Atlanta metropolitan area, the group’s nine physicians specialize in medical procedures, including mole checks, skin cancer screenings and removals and Mohs micrographic surgery. In total, the portfolio comprises 26,277 square feet.   TM Medical Properties was formed in 2016 as the general... Read More »
U.K.-Based Spire Healthcare Acquires Acorn Occupational Health

U.K.-Based Spire Healthcare Acquires Acorn Occupational Health

by | Apr 1, 2025 9:23 am | Other Services

Spire Healthcare Group announced on April 1 that it is acquiring Acorn Occupational Health for an initial cost of £3.3 million (approximately $4.3 million). Acorn Occupational Health provides occupational health services to corporate clients across multiple sectors, as well as public sector clients including the NHS. According to the original deal press release from April 1, 2025, Acorn generated EBITDA of approximately $812,700 in 2024. Spire Healthcare Group is a leading independent hospital group in the United Kingdom. The company’s 39 hospitals and eight clinics across England, Wales and Scotland provide diagnostics, inpatient, day case and outpatient care to insured, self-pay... Read More »
Montecito Medical Buys Gaffney, SC Medical Outpatient Building

Montecito Medical Buys Gaffney, SC Medical Outpatient Building

by | Mar 28, 2025 10:35 am | Other Services

Montecito Medical Real Estate announced that it has acquired a 29,000-square-foot medical outpatient building (MOB) in Gaffney, South Carolina. The 29,000-square-foot MOB is fully occupied by Spartanburg Regional Healthcare System. The MOB serves as an outpatient primary care and cancer center for Spartanburg Regional Healthcare. 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 extremely pleased to acquire this excellent medical property and to partner with such a respected and successful health care system,” said... Read More »
CBRE Facilitates $5 Million Sale of Newport Beach Medical Outpatient Building 

CBRE Facilitates $5 Million Sale of Newport Beach Medical Outpatient Building 

by | Mar 26, 2025 3:01 pm | Other Services

On March 24, CBRE announced that it facilitated the sale of a Newport Beach, California medical outpatient building (MOB) for $5 million. The buyer was not disclosed.   Equity Enterprises LTD, a wealth management firm based in Wauwatosa, Washington, was the seller.   The MOB is currently 62% leased to four tenants. It is located across from Hoag Newport Beach, a 498-bed acute care hospital. The price was $560 per square foot.  CBRE’s Anthony DeLorenzo, Sammy Cemo, Bryan Johnson and Harry Su represented Equity Enterprises LTD.  According to data in the LevinPro HC database, this transaction represents the 46th MOB acquisition of 2025. Throughout 2024, there... Read More »
The START Center for Cancer Research Adds Carolina Urologic Research Center to Network

The START Center for Cancer Research Adds Carolina Urologic Research Center to Network

by | Mar 20, 2025 1:38 pm | Other Services

The START Center for Cancer Research announced on March 18 the expansion of its network with the acquisition of Carolina Urologic Research Center (CURC) located in Myrtle Beach, South Carolina. Financial terms of the deal were not disclosed. CURC is a clinical research clinic specializing in genitourinary (GU) oncology. Under the direction of Dr. Neal Shore, CURC conducts phase I – IV drug, biotechnology and device trials focusing on urological diseases. CURC has conducted nearly 500 clinical trials, making it the top urologic oncology site worldwide by both volume and quality. CURC is a separate and independent research arm of Grand Strand Urology, a division of Atlantic Urology Clinics.... Read More »