Virginia medical office building sells for $12M 

Montecito Medical Real Estate has acquired a medical office building in Chesterfield, Va., for $12 million, Virginia Business reported March 25. 

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The 27,606-square-foot property is 100 percent leased to Vital Care Family Practice, LabCorp, James River Cardiology and Absolute Dermatology & Skin Cancer Center.

Nashville, Tenn.-based Montecito also recently purchased a $21 million building in Virginia Beach, Va.

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