Chip Conk Montecito Medical Acquires 67186 SF Medical Office In Warwick RI For $36M

The property is a Medical Office asset located at 300 Crossings Boulavard in Warwick, RI. It comprises 67,186 square feet and sold for $36,000,000, or $536 per square foot. The asset is described as an orthopedic and surgery center within the Warwick market.

Summary of transation details:

• Property Type: Medical Office
• Transaction Amount: $36,000,000
• Buyer: Chip Conk - Montecito Medical
• Broker: Matt Fair - Cushman & Wakefield
• Note: Northeast portfolio expansion

The deal involved Chip Conk as the buyer representing Montecito Medical, with Cushman & Wakefield's Matt Fair coordinating the brokerage aspects of the transaction.