Boston MSA—Vitalis acquires a single-tenant MOB located in the Boston MSA. The 19,900-square-foot facility is fully leased to Spire Orthopedic Partners, the largest orthopedic management services organization in the Northeast.
Spire Orthopedic Partners occupies the property under a 14-year triple-net lease featuring annual rent escalations and a corporate guaranty. The building was developed as a built-to-suit in 2021 and provides a comprehensive range of orthopedic services, including orthopedic injury care, physical and occupational therapy, X-ray, workers’ compensation services, and ultrasound-guided injections.
The transaction was internally sourced and executed off-market by Vitalis, without the use of external brokerage representation.
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About Vitalis:
Elliot LaBreche is the founder of Vitalis, a vertically integrated real estate investment company focused on Healthcare Real Estate investment sales, acquisitions, and leasing across the US.
Media Contact: Abigail Kind, 802.881.9278
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