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TM Medical Properties Acquires Georgia Medical Outpatient Building Portfolio 

TM Medical Properties Acquires Georgia Medical Outpatient Building Portfolio 

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

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

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 

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

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 »
Clario Announces Second Acquisition of March 2025

Clario Announces Second Acquisition of March 2025

Clario announced on March 17 that it has acquired Canadian company NeuroRx. This marks Clario’s second acquisition of the month. Based in Montreal, Quebec, NeuroRx is an imaging contract research organization (CRO) that works with the pharmaceutical industry to bring new drugs to market. NeuroRx offers a full set of services including protocol development, qualification and supervision of MRI facilities, as well as collection and analysis of standardized image data. Clario, formerly ERT and Bioclinica, is a CRO specializing in clinical services and customizable medical devices to biopharmaceutical and healthcare organizations. The company is based in Philadelphia, Pennsylvania. Earlier in... Read More »