{"id":46491,"date":"2022-07-22T18:01:53","date_gmt":"2022-07-22T16:01:53","guid":{"rendered":"https:\/\/pharma-trend.com\/en\/montecito-medical-acquires-medical-office-property-in-dillon-sc\/"},"modified":"2022-07-22T18:01:53","modified_gmt":"2022-07-22T16:01:53","slug":"montecito-medical-acquires-medical-office-property-in-dillon-sc","status":"publish","type":"post","link":"https:\/\/pharma-trend.com\/en\/montecito-medical-acquires-medical-office-property-in-dillon-sc\/","title":{"rendered":"Montecito Medical Acquires Medical Office Property in Dillon, SC"},"content":{"rendered":"<div>\n<p>NASHVILLE, Tenn.&#8211;(BUSINESS WIRE)&#8211;Montecito Medical has completed the acquisition of Dillon Family Medicine office property in Dillon, South Carolina.\n<\/p>\n<p><a href=\"https:\/\/mms.businesswire.com\/media\/20220722005371\/en\/1521934\/5\/Montecito_Logo_1805_Square.jpg\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20220722005371\/en\/1521934\/21\/Montecito_Logo_1805_Square.jpg\"><\/a><\/p>\n<p>\nThe building, which offers approximately 24,000 square feet of space, is fully occupied by Dillon Family Medicine under a long-term lease.\n<\/p>\n<p>\n\u201cWe are excited by the opportunity to acquire this excellent asset and to build a relationship with a dominant regional health system and the physicians of this practice group,\u201d said Bryan Brown, Senior Vice President of Acquisitions at Montecito Medical.\n<\/p>\n<p>\nDillon Family Medicine has a history of serving the community that spans more than 55 years. With its location six miles from the North Carolina border, the group draws patients from both states.\n<\/p>\n<p>\nAt the property Dillon Family Medicine provides a range of specialized medical services, including OB\/GYN, pulmonary, dermatology, gastrology, cardiology, and primary care. The property also includes a lab and pharmacy.\n<\/p>\n<p>\nDillon Family Medicine is a subsidiary of McLeod Health, the area\u2019s dominant health system. The property adjoins the campus of McLeod Dillon Hospital.\n<\/p>\n<p>\nAlex Vidal and David Helvey of Marcus &amp; Millichap\u2019s National Healthcare Real Estate Group represented the seller in the transaction.\n<\/p>\n<p>\nThe Dillon acquisition expands Montecito\u2019s footprint in South Carolina. In the past two years, the company has also acquired medical office properties in Spartanburg and Charleston. \u201cWe like the fundamentals of this area, and our pipeline includes other medical properties in both South Carolina and North Carolina,\u201d said Montecito CEO, Chip Conk.\n<\/p>\n<p>\n<b><i>About Montecito Medical<\/i><\/b>\n<\/p>\n<p>\n<i>Montecito Medical is one of the nation\u2019s largest privately held companies specializing in healthcare-related real estate acquisitions and funding the development of medical real estate. Montecito is a leading resource for both medical real estate owners and healthcare providers seeking to monetize or expand their holdings. Since 2006, it has completed transactions across the United States involving more than $5 billion in medical real estate. Headquartered in Nashville, TN, Montecito has been named as a \u201ckey influencer in healthcare real estate\u201d for four consecutive years by <a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fglobest.com%2F&amp;esheet=52788882&amp;newsitemid=20220722005371&amp;lan=en-US&amp;anchor=GlobeSt.com&amp;index=1&amp;md5=d48a872e87b544d22d6ba832c8f60f61\" rel=\"nofollow noopener\" shape=\"rect\">GlobeSt.com<\/a> and the editors of Real Estate Forum. Chip Conk, the company\u2019s CEO, was named Healthcare Real Estate Executive of the Year for 2021 by Healthcare Real Estate Insights. For more information about Montecito Medical, please visit <a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.montecitomac.com%2F&amp;esheet=52788882&amp;newsitemid=20220722005371&amp;lan=en-US&amp;anchor=www.montecitomac.com&amp;index=2&amp;md5=aa06fdd0f03f9d73edad5e96199192e3\" rel=\"nofollow noopener\" shape=\"rect\">www.montecitomac.com<\/a>.<\/i>\n<\/p>\n<p> <b>Contacts<\/b> <\/p>\n<p>\nBrandi Meeks<br \/>\n<br \/>VP of Marketing<br \/>\n<br \/><a target=\"_blank\" href=\"&#109;&#x61;&#105;&#x6c;t&#x6f;:&#98;&#x6d;&#101;&#x65;&#107;&#x73;&#64;&#x6d;o&#110;&#x74;&#101;&#x63;i&#x74;o&#x6d;&#x61;&#99;&#x2e;&#99;&#x6f;m\" rel=\"nofollow noopener\" shape=\"rect\">&#98;&#x6d;&#101;&#x65;&#107;&#x73;&#64;&#x6d;&#111;&#x6e;&#116;&#x65;c&#x69;t&#x6f;m&#x61;c&#x2e;c&#x6f;m<\/a>\n<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>NASHVILLE, Tenn.&#8211;(BUSINESS WIRE)&#8211;Montecito Medical has completed the acquisition of Dillon Family Medicine office property in Dillon, South Carolina. The building, which offers approximately 24,000 square feet of space, is fully occupied by Dillon Family Medicine under a long-term lease. \u201cWe are excited by the opportunity to acquire this excellent asset and to build a relationship &#8230; <span class=\"more\"><a class=\"more-link\" href=\"https:\/\/pharma-trend.com\/en\/montecito-medical-acquires-medical-office-property-in-dillon-sc\/\">[Read more&#8230;]<\/a><\/span><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":{"0":"entry","1":"post","2":"publish","3":"author-business","4":"post-46491","6":"format-standard","7":"category-industry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Montecito Medical Acquires Medical Office Property in Dillon, SC - Pharma Trend<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pharma-trend.com\/en\/montecito-medical-acquires-medical-office-property-in-dillon-sc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Montecito Medical Acquires Medical Office Property in Dillon, SC - Pharma Trend\" \/>\n<meta property=\"og:description\" content=\"NASHVILLE, Tenn.&#8211;(BUSINESS WIRE)&#8211;Montecito Medical has completed the acquisition of Dillon Family Medicine office property in Dillon, South Carolina. 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