Med Office Daily - August 3, 2026 - Montecito Medical acquires 72,000+ SF Spokane medical portfolio.

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NEWS ROUNDUP

ACQUISITION: Montecito Medical acquires a four-building medical outpatient portfolio totaling more than 72,000 SF in Spokane, Washington. The fully occupied portfolio is anchored by Spokane Eye Clinic, which is affiliated with PRISM Vision Group, and includes one property with an ambulatory surgery center. The assets are located across downtown Spokane and key suburban medical corridors. Rus Gudnyy and Chip Conk led the acquisition for Montecito Medical, expanding the company's healthcare real estate portfolio in the Pacific Northwest.

ACQUISITION: Vital Infrastructure Property Trust acquires the Emblem Health Hub MOB, a 140,000 SF medical outpatient facility in Brooklyn, New York, for $89M. The fully leased property is occupied by EmblemHealth under a long-term lease and serves as a purpose-built outpatient healthcare facility. Newmark represented the seller in the transaction. The brokerage team included Ben Appel, Adam Spies, Jay Miele, Justin Shepherd, John Nero, Adam Doneger, Matt Berres, Michael Greeley, Ron Ott, Conor Hilton and Drew Martin.

ACQUISITION: Transwestern Investments and Virtus Real Estate Capital sell Greenhouse Medical Plaza, a 116,869 SF Class A MOB at 2051 S. Greenhouse Road in West Houston. The property was repositioned from a traditional office building into a medical outpatient facility featuring an ambulatory surgery center and upgraded patient amenities. Justin Brasell and Chris Boyd of Transwestern will continue providing leasing services for the property. Blake Williams represented Transwestern Investments in the transaction. The buyer was not disclosed.

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