Montecito Medical Acquires Beth Israel Deaconess MOB

“Medical real estate doesn’t get much better than this prime property, given its location adjacent to the hospital campus and with a long-term lease to the dominant health system in the market."

Beth Israel Deaconess Plymouth Hospital

PLYMOUTH, MA – Montecito Medical Real Estate has acquired the Beth Israel Deaconess medical office building here.

The 30,803 square-foot building is a Class A facility, and located next to the 155-bed Beth Israel Deaconess Plymouth Hospital. It is fully leased to Jordan Physician Associates, Inc., which provides family medicine, OBGYN, and lab services for the community.

Chip Conk, CEO of Montecito, stated, “Medical real estate doesn’t get much better than this prime property, given its location adjacent to the hospital campus and with a long-term lease to the dominant health system in the market. We are extremely pleased to acquire this property and enter into a relationship with such a prestigious name in healthcare as Beth Israel Deaconess.”