Tag Archive for: omg

Montecito Medical Acquires Medical Office Property In Tampa Area

Orthopaedic-Medical-Group-of-Tampa-Bay-Fishhawk-Lithia 760x320

Montecito Medical has completed the acquisition of a 37,000-square-foot medical office building in Lithia, Florida.

The building, which opened in 2021, is fully occupied under long-term lease by Orthopaedic Medical Group (OMG) of Tampa Bay.

“This is an outstanding asset in a very attractive submarket, and we are especially excited by the opportunity to work directly with the physicians of OMG and help them make the most of their real estate,” said Jake Clark, Acquisitions Associate at Montecito Medical.

OMG, one of the fastest growing orthopedic groups in the Tampa-St. Petersburg area, maintains 8 locations. At the Lithia property, which serves as the group’s flagship location, OMG provides clinical services, orthopedic surgeries, and physical therapy.

“Orthopaedic Medical Group is dedicated to providing quality facilities for its providers, patients and staff,” said Bill Romaniello, Director of Business Development for OMG. “We are excited about adding the FishHawk/Lithia facility as our flagship location and starting our partnership with Montecito to ensure the facility continues to serve the community for many years to come.”

FishHawk/Lithia is a growing suburban area 25 minutes southeast of downtown Tampa. The OMG property is situated FishHawk Blvd. in the middle of a new mixed-use development that includes single-family and multi-family residential, a retail plaza and middle school.

The Lithia acquisition expands Montecito’s footprint in the Tampa-St. Petersburg market area. “

We are making a substantial real estate investment here, and we anticipate that we will be able to announce additional acquisitions later in the year,” said Chip Conk, CEO of Montecito Medical.

 

Source:  Business Wire

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Orthopaedic Medical Group Of Tampa Bay Breaks Ground On 37,000 Square-Foot Medical Complex In Fish Hawk, Florida

Orthopaedic Medical Group of Tampa Bay (OMG)-Fishhawk Florida 760x320

Orthopaedic Medical Group of Tampa Bay (OMG) announced the construction start on a 37,000 square-foot medical complex and surgery center in the Tampa Bay Region.

The facility will sit on nearly four acres of land in the Fish Hawk West community, which is about 15 miles east of downtown Tampa. This new location will become the administrative center of OMG and provide state-of-the-art clinical care.

With the move to the new facility, OMG has bolstered the leadership team by naming Dr. Scott Goldsmith CEO and reorganizing the administrative staff to accommodate continued rapid growth. The administrative complex will also include the Dr. Stuart Goldsmith conference center, dedicated to the founder of OMG.

OMG’s development team of Dr. Jeff Watson and William Romaniello are completing the Fish Hawk project by working with real estate partners Franklin Street and Rubin Real Estate advisors. Due to OMG’s continued growth, Fish Hawk is the fifth medical office project in the last six years.

OMG has also partnered with Surgical Development Systems Inc. (SDSI), based out of Jupiter, Florida to facilitate the opening of a 12,000 square foot ambulatory surgery center inside the 37,000 square foot complex. SDSI CEO Stacy Scroggins said, “the new facility will feature four state-of-the-art operating rooms and will have the most advanced surgical equipment including robotics to assist with total joint replacements, sports medicine and general orthopaedic procedures.”

The facility is planned to open in late 2021.

 

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