Montecito Medical, a healthcare real estate investor, has acquired a specialty medical office property in Tucson, AZ.
The property offers 10,270 square feet of space and is fully occupied by the Tucson Orthopaedic Insititute in a long-term lease. The property is located in the Oro Valley and is 15 miles from downtown Tucson.
“We are excited by the opportunity to acquire another excellent asset in Arizona and to build a long-term relationship with a market-dominant specialty provider,” said Bryan Brown, senior vice president of acquisitions at Montecito Medical.