Montecito Medical Acquires Medical Outpatient Building in North Carolina

FOR IMMEDIATE RELEASE

Nashville, Tenn. - Montecito Medical, one of the nation's most active investors in medical outpatient real estate, has acquired a 61,000-SF building in Winston-Salem, North Carolina.

The property is fully occupied, with Atrium Health Wake Forest Baptist Neurology-Triad, Carolinas Pain Institute, and Piedmont Triad Anesthesia as the largest tenants.

"With this acquisition, we continue to execute on our strategy of building long-term, mutually advantageous partnerships with health systems and prominent physician practice groups," said Rus Gudnyy, Senior Vice President of Investments at Montecito Medical. "We are pleased to add this important asset to our medical outpatient real estate portfolio."

Carolinas Pain Institute is a leading, physician-led interventional pain management platform serving North Carolina and adjoining states. In addition to its Winston-Salem location, the group maintains an office in Charlotte.

Atrium Health is one of the largest nonprofit healthcare systems in the United States, operating a fully integrated care delivery platform across North Carolina, South Carolina, Georgia, and Alabama. Atrium provides care at more than 1,400 locations and 40 hospitals.

Piedmont Triad Anesthesia is a physician-owned anesthesia services group providing coverage across hospitals, ambulatory surgery centers, and outpatient procedural settings throughout the Piedmont Triad region. The group maintains seven locations in North Carolina.

"This asset represents our eighth medical outpatient acquisition in North Carolina so far in 2026," said Chip Conk, CEO of Montecito Medical. "As we continue to expand our footprint in the Sun Belt, we are excited about the opportunities we are seeing."

About Montecito Medical
Montecito Medical is one of the nation's largest privately held companies specializing in medical and veterinary real estate acquisitions and partnering with providers and developers to fund the development of new properties. The company also supports providers with a suite of AI-powered technology solutions that increase revenues, reduce costs, and build physician wealth. Since 2006, Montecito has completed more than $6.5 billion in medical and veterinary real estate transactions. Headquartered in Nashville, TN, the company has consistently been named as a "key influencer in healthcare real estate" by GlobeSt.com and the editors of Real Estate Forum.