Montecito Medical, an owner of medical properties across the United States, has completed the acquisition of a medical building including an ophthalmic surgery center in West Springfield, Massachusetts.

The property has 22,158 square feat of space and is leased to Eye and LASIK center. The building serves as the flagship office and is one of four locations for ELC, a growing practice that includes 9 ophthalmologists and 13 optometrists. The location is located northwest of downtown Springfield with access to three major high ways.

The acquisition continues Montecito’s expansion into New England after purchasing facilities in Rhode Island and Connecticut earlier in 2021.

“With medical office values at an all-time high, it’s no surprise that many physician groups are looking to monetize their buildings right now,” said Chip Conk, CEO of Montecito Medical.