{"id":48720,"date":"2022-09-22T20:02:12","date_gmt":"2022-09-22T18:02:12","guid":{"rendered":"https:\/\/pharma-trend.com\/en\/montecito-acquires-orthopedic-property-in-mississippi\/"},"modified":"2022-09-22T20:02:12","modified_gmt":"2022-09-22T18:02:12","slug":"montecito-acquires-orthopedic-property-in-mississippi","status":"publish","type":"post","link":"https:\/\/pharma-trend.com\/en\/montecito-acquires-orthopedic-property-in-mississippi\/","title":{"rendered":"Montecito Acquires Orthopedic Property in Mississippi"},"content":{"rendered":"
\n

NASHVILLE, Tenn.–(BUSINESS WIRE)–Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of a 49,500 square-foot medical office building in Flowood, Mississippi.\n<\/p>\n

<\/a>
<\/a><\/p>\n

\nThe building, which opened in 2018, is 100% leased to Capital Ortho, a practice group with locations across the Jackson area. The property features an ambulatory surgery center with four operating rooms as well as clinical orthopedic services and physical therapy.\n<\/p>\n

\n\u201cIt was a pleasure working directly with leadership and the physician-owners on this sale-leaseback acquisition,\u201d said Tyler Rhoades, Director of Acquisitions at Montecito. \u201cWe are thrilled to add yet another strong orthopedic asset to our growing portfolio across the South and excited to further expand our presence in Mississippi.\u201d\n<\/p>\n

\nCapital Ortho, which has served the area since 1990, is a well-established group with 11 surgeons, 11 physician assistants and nurse practitioners and 12 physical therapists. The group uses the Flowood property as its hub and maintains other offices in Madison and Clinton, Mississippi, along with several satellite locations across the area.\n<\/p>\n

\n\u201cWe were attracted to the fundamentals of this innovative orthopedic group and are excited to partner with the physicians of Capital Ortho as they continue to grow as a practice,\u201d said Chip Conk, CEO of Montecito Medical.\n<\/p>\n

\n\u201cI would like to thank Tyler, Chip and all the people at Montecito for their hard work and cooperation to get this deal completed,\u201d said Jeff Bedford, CEO of Capital Ortho. \u201cIt was a pleasure working with Montecito on this transaction.\u201d\n<\/p>\n

\nAbout Montecito Medical<\/i><\/b>\n<\/p>\n

\nMontecito 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 <\/i>GlobeSt.com<\/a><\/i> 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 <\/i>www.montecitomac.com<\/a><\/i>.<\/i>\n<\/p>\n

Contacts<\/b> <\/p>\n

\nBrandi Meeks
\n
VP of Marketing
\n
bmeeks@montecitomac.com<\/a>\n<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

NASHVILLE, Tenn.–(BUSINESS WIRE)–Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of a 49,500 square-foot medical office building in Flowood, Mississippi. The building, which opened in 2018, is 100% leased to Capital Ortho, a practice group with locations across the Jackson area. The property features an ambulatory surgery … [Read more…]<\/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-48720","6":"format-standard","7":"category-industry"},"yoast_head":"\nMontecito Acquires Orthopedic Property in Mississippi - 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-acquires-orthopedic-property-in-mississippi\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Montecito Acquires Orthopedic Property in Mississippi - Pharma Trend\" \/>\n<meta property=\"og:description\" content=\"NASHVILLE, Tenn.–(BUSINESS WIRE)–Montecito Medical, a premier owner of medical office properties throughout the U.S., has completed the acquisition of a 49,500 square-foot medical office building in Flowood, Mississippi. 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