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Montecito Medical Acquires Women’s Health MOB in Woodbury, Minnesota

Montecito Medical Acquires Women’s Health MOB in Woodbury, Minnesota

by | Oct 24, 2023 11:59 am | Medical Office Buildings, Other Services

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 Acquires Three Occupational Health Centers 

by | Oct 20, 2023 2:48 pm | Other Services

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 Expands in California 

by | Oct 18, 2023 10:45 am | Ambulatory Surgery Centers

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 Completes Acquisition of Seven-Building Portfolio in South Carolina

by | Oct 16, 2023 1:06 pm | Medical Office Buildings, Other Services

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 »
Headlands Research Continues Growth with Clinical Research Professionals Acquisition

Headlands Research Continues Growth with Clinical Research Professionals Acquisition

by | Oct 13, 2023 11:36 am | Other Services

Headlands Research has announced the acquisition of Clinical Research Professionals, an established clinical research site based in the St. Louis, Missouri MSA. Clinical Research Professionals specializes in multiple therapeutic areas, including gastroenterology, neurology and vaccines.  Headlands Research, a portfolio company of KKR, is a globally integrated clinical trial site organization. With a multinational network of 17 clinical trial sites, Headlands Research has successfully completed more than 5,000 clinical trials.  The acquisition of Clinical Research Professionals expands Headlands Research’s geographic reach. This comes shortly after Headlands Research’s... Read More »
Sendero Capital and Angelo Gordon Acquire Torrington ASC

Sendero Capital and Angelo Gordon Acquire Torrington ASC

by | Oct 12, 2023 11:18 am | Ambulatory Surgery Centers, Other Services

JLL Capital Markets announced that Sendero Capital and Angelo Gordon entered an agreement to acquire a 37,854-square-foot ambulatory surgical center (ASC) and outpatient medical building in Torrington, Connecticut. JLL represented Sendero Capital and Angelo Gordon in the transaction. Financial terms were not disclosed.  The Torrington property is fully leased, with Litchfield Hills Orthopedic as a long-term tenant – with approximately 56% of the building, which includes the Litchfield Hills Surgery Center – as well as endoscopy and physical therapy tenants.  Sendero Capital is a privately held real estate investment, development and advisory firm based in Boston,... Read More »