NASHVILLE, Tenn.–(BUSINESS WIRE)–Clarity Veterinary Real Estate, which invests in veterinary office properties across the United States, has completed the acquisition of two properties in Greenville, South Carolina.
The buildings, which offer a combined total of 41,700 square feet, are 100% leased. The properties include the main campus of Upstate Veterinary Emergency + Specialty Care, the region’s largest veterinary practice.
“We are excited about the opportunity to acquire these premier assets and work directly with Upstate’s award-winning veterinarians to help them get the most out of their real estate, now and for the long term,” said Chip Conk. , CEO of Montecito. Medical. Clarity is a wholly owned subsidiary of Montecito Medical, an experienced real estate investment firm that has completed over $5 billion in medical real estate transactions.
With 40 veterinarians, Upstate Veterinary Emergency + Specialty Care is not only the largest practice in the Greenville-Spartanburg area, but one of the largest in the United States. In addition to its main campus in Greenville, the group has a satellite office with six veterinarians in Asheville, North Carolina. Upstate Veterinary provides pet care in an area that includes northern South Carolina, western North Carolina, eastern Tennessee and northern Georgia. The practice has received national honors from Veterinary Economics magazine (twice) and the American Animal Hospital Association (AAHA).
At the Greenville property, veterinarians provide advanced medical, surgical, neurological, oncological, dental, and eye care to pets. As a specialized service provider, the group receives a large number of its patients by referral.
“This is the most transparent real estate transaction I have ever been involved in, thanks to the team at Clarity Ventures,” said Dermot Jevens, DACVS. “Their people and their process really set them apart from the rest of the market.”
The property is located east of downtown Greenville with convenient access to Interstate 385. The fast growing MSA of Greenville-Anderson-Mauldin is the largest in South Carolina and the fourth largest in the Carolinas.
About Clarity Veterinary Real Estate
Clarity Veterinary Real Estate, part of Clarity Ventures Group, invests in veterinary and pet services buildings to help veterinary groups unlock the potential of their real estate. Clarity pioneered an industry-unique model that treats sellers and tenants as partners rather than mere participants in a transaction, with opportunities to stay invested in their property after the sale. Clarity is a wholly owned subsidiary of Montecito Medical, an experienced real estate investment firm that has completed over $5 billion in medical real estate transactions. Based in Nashville, TN, Montecito has been named “a key influencer in healthcare real estate” for four consecutive years by GlobeSt.com and the editors of Real estate forum. Company CEO Chip Conk has been named 2021 Healthcare Real Estate Director of the Year by Healthcare real estate outlook. For more information about Clarity Ventures Group, please visit www.clarityventuresgroup.com.