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Local Medical Group Acquires Medical Office Building in Raleigh
A local physician group has purchased a medical office building (MOB) in Raleigh, North Carolina for nearly $17.8 million. According to data captured in the LevinPro HC database, this acquisition marks the 190th MOB acquisition of the year. Wake Internal Realty III, an LLC tied to Wake Internal Medicine, acquired the MOB on Blue Ridge Road near UNC Rex Hospital in early December, according to Wake County deed records. The building is 48,000 square feet and the purchase price is approximately $370 per square foot. The MOB was purchased from The Keith Corporation in Charlotte, North Carolina, which developed and built the building. Matt Johnson, Chief Administrative... Read More »
Ridgeline Capital Partners Acquires Dallas MOB
Ridgeline Capital Partners announced on December 18 that it acquired a medical office building (MOB) in Dallas, Texas. The building is an on-campus four-story, 44,045-square-foot MOB. The property is located at the entrance to the White Rock Medical Center campus and is 94% leased to a diverse roster of healthcare providers. Ridgeline Capital Partners is a private equity firm based in Dallas that acquires and operates healthcare real estate assets. The company is focused on medical office buildings, ambulatory surgery centers and behavioral health facilities. This is Ridgeline Capital Partners’ first transaction of the year. The JLL Capital Markets served as... Read More »
Atlas Clinical Research Announces Addition of Suncoast Clinical Research
Atlas Clinical Research, backed by healthcare private equity investor BPOC, announced the addition of Suncoast Clinical Research. Founded in 1998, Suncoast Clinical Research is a multi-therapeutic, community-based research facility with two locations in New Port Richey and Palm Harbor, Florida. Suncoast conducts Phase II-IV clinical research. It has conducted hundreds of clinical research studies and cultivated strong relationships with local communities, sponsors and contract research organizations as a go-to site for clinical research in the key therapeutic areas of central nervous system (CNS) and metabolic disorders. Atlas Clinical Research is a therapeutically-driven... Read More »
Alliance for Multispecialty Research Acquires Affinity Health
Alliance for Multispecialty Research (AMR) announced on December 15 that it entered into an agreement to acquire Affinity Health. Founded in 2015, Affinity Health provides clinical research delivery with exceptional patient care and safety. AMR is a leading independent site management company with a 30-year history of successfully executing clinical trials across a network of 32 clinical sites. It has more than 130 dedicated principal investigators across upwards of 20 therapeutic areas, providing its pharmaceutical sponsor and contract research organization clients access to patients. Since 2022, the company has been owned by Curewell Capital, a private equity group based out of Los... Read More »
