Med Office Daily - August 10, 2026 - Vulcan Health acquires Washington MOB.

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NEWS ROUNDUP

ACQUISITION: Vulcan Health Properties acquires Schmidt Medical Center, a two-story, 21,434 SF MOB in Mill Creek, Washington. The property is anchored by OptumCare, which occupies the entire second floor, and also houses primary care, specialty, optometry, and dental providers. The acquisition marks Vulcan Health Properties' first healthcare real estate investment in the Pacific Northwest.

ACQUISITION: A national REIT acquires the 26,107 SF MOB in Cincinnati, Ohio, for $9.9M. The fully leased property is occupied by Ortho Alliance MSO LLC / Beacon Orthopedics & Sports Medicine, Ltd. under a double-net lease and features recent upgrades, including an MRI suite and physical therapy facility. Frank Roti, Thomas Heitzman and Brett Rodgers of Marcus & Millichap, in association with Michael Glass, represented the seller, a private group of investors, and procured the buyer.

ACQUISITION: A joint venture between Remedy Medical Properties and Kayne Anderson Real Estate acquires Singing River Cancer Center, a 45,904 SF cancer center in Florence, Alabama. The newly constructed facility was acquired from Cypress West Partners. Built in 2020, the property is occupied by OneOncology affiliates and provides medical oncology, diagnostic imaging, chemotherapy, radiation oncology, and infusion services. JLL Capital Markets represented the seller and procured the buyer. The brokerage team included Evan Kovac, Andrew Milne, John Chun, Matt DiCesare, and Timothy Joyce

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