Montecito Medical acquires New Hampshire medical office building housing ASC — 4 insights

Real estate holding company Montecito Medical acquired a medical office building housing an ASC in Bedford, N.H.

What you should know:

1. The New Hampshire NeuroSpine Institute fully leases the building.

2. The medical office building is two stories and 30,500 square feet.

3. Fifteen physicians and nine nurse practitioners and physician assistants provide care out of the practice.

4. NeuroSpine Institute will continue to lease space in the building.

"This medical office building really checks all the boxes for the key attributes we look for — fantastic location with dominant provider as tenant and a long-term lease — and besides that, it's gorgeous real estate. We are proud to add to this property to our growing portfolio of premier medical office real estate," said Montecito Medical CEO Chip Conk.

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