Montecito Medical to Acquire Rockwall Medical Plaza in Metro Dallas

ROCKWALL, TEXAS — Montecito Medical Real Estate has agreed to acquire Rockwall Medical Plaza, a 20,007-square-foot medical office building and surgery center located roughly 25 miles outside Dallas in Rockwall. The property is situated on the campus of Texas Health Presbyterian Hospital and was constructed last year. An ambulatory surgery center developed by a joint-venture between Texas Health Resources and Spine Team Texas anchors the building. Other tenants include a clinic and neurology and dental offices. Montecito Medical has acquired 21 medical office buildings over the past 12 months, and plans to close on five additional properties by January.