National Dental Healthcare REIT Expands Portfolio Across Multiple States

National Dental Healthcare REIT Expands Portfolio Across Multiple States

National Dental Healthcare REIT (NDH REIT), a member of the Thurston Group portfolio, has announced the completion of its latest real estate acquisition. The acquired properties include nine medical outpatient buildings (MOBs) located across New Mexico, Arizona, Georgia, Colorado, Mississippi, Texas and Alabama. NDH REIT partners with dental care providers in the general dental and specialty dental fields who own their real estate. NDH REIT was formed in mid-2020 by Thurston Group, a private equity firm focused on investments in healthcare service companies. Since then, the REIT has expanded to include 174 properties in 21 states. This move further solidifies NDH REIT’s position as a... Read More »
Montecito Medical Acquires 6 Ophthalmology MOBs in Atlanta, GA MSA

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 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 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 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 »
Stockdale Capital Partners Acquires Austin, TX Medical Outpatient Building

Stockdale Capital Partners Acquires Austin, TX Medical Outpatient Building

Stockdale Capital Partners announced that it acquired a newly built, five-story medical outpatient building (MOB) in Austin, Texas, which first opened in 2023. The MOB, adjacent to Dell Children’s Medical Center, has 129,382 square feet of rentable office space and is part of Mueller Austin, a 700-acre master-planned community. Stockdale Capital Partners is a Los Angeles-based vertically integrated real estate investment firm. The company provides real estate investment services, as well as invests, owns and operates multiple asset classes. “Stockdale is excited about the acquisition of this Class-A medical office building strategically located near the Dell Children’s Medical Center in... Read More »