Montecito Medical Acquires Women’s Health MOB in Woodbury, Minnesota
Montecito Medical announced on October 23 the acquisition of a 32,711-square-foot medical office building (MOB) in Woodbury, Minnesota. The building is home to Minnesota Women’s Care, a leading specialty group serving patients throughout the Twin Cities area and western Wisconsin. The women’s health group maintains four office locations across its service area. Montecito Medical Real Estate specializes in healthcare-related real estate acquisitions and funding. Since 2006, it has completed transactions across the United States involving more than $5.1 billion in medical real estate. Through this MOB acquisition, Montecito expands its presence in Minnesota and the Upper... Read More »
Concentra Acquires Three Occupational Health Centers
Concentra Inc. announces that it acquired three occupational health centers from Pivot Occupational Health. According to data captured in the LevinPro HC database, this transaction is the 17th occupational health acquisition announced in 2023. The three centers are based in Delaware and Maryland. In addition to occupational health services, the centers provide in-house physical therapy services. Concentra, a division of Select Medical, is a premier provider of occupational health services focused on improving the health of America’s workforce, one patient at a time. The company is headquartered in Addison, Texas and operates more than 540 urgent care centers in 44 states and... Read More »
TriasMD Expands in California
TriasMD announced on October 18 that it entered in an agreement to acquire Pinnacle Surgery Center for an undisclosed price. Pinnacle Surgery Center, which is certified by both the Joint Commission of Healthcare Organizations and the Centers for Medicare & Medicaid Services, provides high-quality orthopedics and total joint care. It is based in Walnut Creek, California. Headquartered in Newport Beach, California, TriasMD is a musculoskeletal management company. Using the data-driven model created by DISC Sports & Spine Center, TriasMD positions facilities to thrive, building a clinically integrated network of providers and monitoring the network’s quality. ... Read More »
Montecito Medical Completes Acquisition of Seven-Building Portfolio in South Carolina
Montecito Medical Real Estate announced on October 16 the completion of its acquisition of seven medical office buildings (MOB) in upstate South Carolina. Concentrated in the Greenville and Clemson market areas, the seven properties represent a combined total of more than 88,000 square feet and are 100% occupied. Six of the buildings are occupied by Clemson Eye, a leading provider of eye health in upstate South Carolina. Carolinas Centers for Sight tenants the seventh property. Both practice groups are affiliated with Eye Centers of America. Montecito Medical specializes in healthcare-related real estate acquisitions and funding. Since 2006, it has completed transactions across... Read More »
