Montecito Medical, one of the nation’s largest privately held companies specializing in healthcare-related real estate acquisitions, has completed the acquisition of a 119,945-square-foot building in Columbia, SC. The property is home to South Carolina Oncology Associates – the state’s only comprehensive cancer treatment center providing diagnostic imaging services as well as chemotherapy infusion and radiation therapy.
Bryan Brown – Senior Vice President of Acquisitions at Montecito Medical – expressed his pleasure with this medical real estate asset acquisition: “We are very pleased to acquire this exceptional medical real estate asset and to enter into a relationship with a respected practice group that has been serving the community for 45 years.” Chip Conk CEO also commented on their interest in South Carolina’s solid fundamentals: “We continue to be attracted to the solid fundamentals we are seeing in medical properties here and our pipeline for 2023 is already robust. We look forward to announcing numerous other medical & veterinary related acquisitions over the coming months.”