Virtua Health Acquires Christiana Spine Ambulatory Surgical Center
On November 20, Merritt Healthcare Advisors, a provider of M&A consultative services for healthcare organizations nationwide, announced that Virtua Health was acquiring Christiana Spine Ambulatory Surgical Center (CSASC). CSASC is an ambulatory surgery center (ASC) in Newark, Delaware. The ASC specializes in spine surgery, diagnostics treatments, minimally invasive spine surgery and non-surgical treatments. Virtua Medical Group is an academic health system that provides a full spectrum of health care services. In addition to joint ventures with 42 ambulatory surgery centers in New Jersey, Pennsylvania and Delaware, Virtua operates five hospitals in Southern New Jersey and has... Read More »
Strive Compounding Pharmacy Adds Leesburg, Virginia Specialty Pharmacy to National Network
Strive Compounding Pharmacy has announced the successful completion of an acquisition of The Compounding Center (TCC), strengthening its national pharmacy network. TCC is a specialty pharmacy in Leesburg, Virginia that prepares custom compounded medications and offers medical equipment and home health supplies. Headquartered in Gilbert, Arizona, Strive Compounding Pharmacy is a specialty pharmacy with locations across the United States. This strategic move further solidifies Strive Compounding Pharmacy’s commitment to expanding access to high-quality, patient-specific medications nationwide. Financial terms of the deal were not disclosed. “Strive Compounding... Read More »
Folsom, CA Medical Outpatient Property Sells at Nearly Twice Its Previous Value
According to a November 18 press release, a multi-tenant medical outpatient building (MOB) in Folsom, California sold for $7.5 million, nearly $3 million more than its last sale in 2016. The property is a 20,086-square-foot MOB constructed in 2007. It is fully leased to tenants including CGT Global (formerly StemExpress), Folsom Orthopaedics & Sports Medicine and Hanger Prosthetics & Orthotics West. CGT Global, which appears to operate its headquarters from this site, anchors the building. The building is one of nine within the Willow Creek Medical Office Park, situated close to Dignity Health’s Folsom hospital. The price was slightly more than $373 per square... Read More »
Onicx Group Purchases Second MOB of 2024
Tampa-based Onicx Group has announced the acquisition of a medical outpatient building (MOB) in Trinity, Florida. The property is a two-story, 31,000-square-foot Class A MOB located in a high-growth suburb within the Tampa Bay region. Constructed in 2008, the MOB is situated on a BayCare Health System outpatient campus and boasts a strong tenant mix, including Orthopaedic Associates of West Florida, a subsidiary of the Florida Orthopaedic Institute. The MOB features an occupancy rate exceeding 91%. Onicx Group is a prominent developer and a trusted real estate partner for health systems and physician practices, with a longstanding focus on healthcare real estate. This acquisition marks the... Read More »
Montecito Medical Acquires MOB in St. Louis MSA
Montecito Medical Real Estate, a leading buyer of medical outpatient properties nationwide, announced the purchase of a medical outpatient building (MOB) in the St. Louis, Missouri, MSA. The transaction was announced by Montecito Medical on November 8, 2024. The 22,100-square-foot MOB is fully occupied by St. Louis Heart & Vascular, a full-service cardiology and vascular practice. Financial terms of the deal were not disclosed. Montecito Medical specializes in healthcare-related real estate acquisitions and funding. Since 2006, it has completed transactions across the United States involving more than $5 billion in medical real estate. “We are excited to add this property to our... Read More »Schedule a demo
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