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Montecito Medical Acquires 6 Ophthalmology MOBs in Atlanta, GA MSA
Montecito Medical, a leading acquirer of medical office properties nationwide, announced on June 4 that it has completed the acquisition of a portfolio consisting of six medical outpatient buildings (MOBs) in the Atlanta, Georgia MSA. The six MOBs, which represent a combined total of more 85,000 square feet, are 100% occupied. Thomas Eye, a dominant eye care provider in the area, serves as anchor tenant. The buildings are situated in the suburban and exurban communities of Roswell, Sandy Springs, Tyrone, Newnan, Woodstock and Lilburn, Georgia. Two of the properties include surgery centers for ophthalmic procedures. Montecito Medical Real Estate specializes in healthcare-related real estate... Read More »
Formosa Laboratories Expands North American CRO/CDMO Footprint
Formosa Laboratories, Inc. announced that it has successfully completed its acquisition of SynChem, Inc., headquartered in the Chicago MSA suburb of Elk Grove Village. Founded in 1997, SynChem is a chemistry-based contract research organization (CRO) specializing in organic synthesis, process development and medicinal chemistry. Since its inception, SynChem has completed more than 4,500 projects for wide range of customers, including multi-national pharmaceutical companies, biotech companies, drug discovery companies and chemical and agrochemical companies. Founded in 1995, Formosa Laboratoriesap is a leading active pharmaceutical ingredients (API) supplier and contract development and... Read More »
Vitalis Properties Acquires Medical Outpatient Building for $12 Million
Vitalis Properties announced that it was acquiring a 30,165-square-foot medical outpatient building (MOB) in Jacksonville, Florida for $12 million. The price is approximately $398 per-square-foot. Cross Regions developed the build-to-suit MOB for Coastal Health in 2022. The facility includes clinical space for Coastal Health’s orthopedic, spine, pain management, podiatry and physical therapy practices, in addition to an 8,000-square-foot ambulatory surgery center on the first floor. Vitalis is a vertically integrated real estate investment company focused on healthcare real estate investment sales, acquisitions and leasing across the United States. Vitalis Managing... Read More »
HealthyU Clinics Acquires Ma’am Exams
HealthyU Clinics announced on May 30 the acquisition of Ma’am Exams, a women’s health clinic in Gilbert, Arizona. Ma’am Exams offers medical care for women, from adolescence and young adulthood through post-childbearing years and menopause. The all-female staff offers 2D and 3D mammograms, ultrasounds, lab services, medical spa services, mental health services and more. HealthyU Clinics is a physician-led and professionally managed medical group that provides integrated primary and specialty care services in Arizona and California. The acquired medical office will retain all 20 staff members, including five nurse practitioners, and welcome additional medical professionals who are committed... Read More »