{"id":1004223270,"date":"2018-04-24T11:17:36","date_gmt":"2018-04-24T19:17:36","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004223270"},"modified":"2022-12-08T17:42:37","modified_gmt":"2022-12-09T01:42:37","slug":"montecito-medical-expands-milwaukee-footprint","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/montecito-medical-expands-milwaukee-footprint\/","title":{"rendered":"Montecito Medical Expands Milwaukee Footprint"},"content":{"rendered":"<p>By Alex Ciorogar<\/p>\n<p><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/healthcare-news-01b.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" data-attachment-id=\"1004223048\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/hti-lands-119m-refi-for-mob-portfolio\/healthcare-news-01b-7\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/healthcare-news-01b.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/healthcare-news-01b.jpg?w=800\" class=\"wp-image-1004223048 size-medium alignright\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/healthcare-news-01b.jpg\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/healthcare-news-01b.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/healthcare-news-01b.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/04\/healthcare-news-01b.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>Montecito Medical Real Estate has bought a 71,000-square-foot <a href=\"https:\/\/www.commercialsearch.com\/news\/bgl-sells-michigan-mob\/\">medical office building in Pewaukee, Wis<\/a>., from Orthopaedic Associates of Wisconsin (OAW), thus expanding its footprint by roughly 200,000 square feet.<\/p>\n<p>Built in 2016, the two-story facility\u2014which is fully occupied\u2014also houses a 24,563-square-foot accredited ambulatory surgery center with five operating rooms and 20 prep and recovery rooms. The surgery center is a joint venture between OAW and ProHealth. Additionally, the property encompasses a 5,000-square-foot imaging center with an MRI, 31,500 square feet of clinical space and 10,000 square feet of physical therapy space. What\u2019s more, the building also includes a 15,200-square-foot covered parking garage featuring 32 stalls.<\/p>\n<p><em>\u201cWe here at OAW looked long and hard for the right partner to deal with on the sale of our building. Montecito checked all the boxes and in doing so were professional, respectful and outstanding to work with from start to finish. Their vast experience and diverse portfolio (were) impressive and we are now part of their holdings,\u201d<\/em> Mark Smith, chief administrative office of OAW, said in prepared remarks.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Built in 2016, the two-story facility houses a 24,563-square-foot accredited ambulatory surgery center with five operating rooms and 20 prep and recovery rooms.<\/p>\n","protected":false},"author":928,"featured_media":1004223048,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21783,21754,13,21742],"tags":[35085],"class_list":["post-1004223270","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-investment","category-medical-office","category-midwest","category-latest","tag-montecito-medical"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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