Montecito Medical, a leading buyer of medical office properties nationwide, has acquired a two-building medical office portfolio in Maplewood, Minnesota.
The two properties, which comprise a total of 19,348 square feet, are anchored by Minnesota Women’s Care, a dominant specialty provider in the Twin Cities area. The larger of the two buildings includes a surgery center.
“Minnesota Women’s Care had previously entrusted the ownership of three of their buildings to us in 2023 and 2024,” said Rus Gudnyy, Senior Vice President of Investments at Montecito Medical. “Now we are excited to build on these successful transactions and on the relationship we have established with this outstanding provider group.”
With 17 physicians and nearly 50 total providers, Minnesota Women’s Care serves patients across the Twin Cities area and in western Wisconsin.
