Suburban Dallas property with gastroenterology ASC acquired

A medical building housing the Digestive Health Center of Allen (Texas) was acquired by real estate company Montecito Medical. 

The 10,860-square-foot building, opened in 2020, houses an ASC with one operating room, three procedure rooms and 14 pre-operation rooms and post-anesthesia recovery bays, Montecito said in December. Montecito did not disclose the financial details. 

The acquisition in suburban Dallas is the latest in Montecito's string of Dallas-area, gastroenterology-focused real estate buys. 

Digestive Health Center of Allen is an affiliate of Dallas-based GI Alliance, which supports more than 625 independent gastroenterologists operating in Texas, Arkansas, Arizona, Colorado, Florida, Illinois, Indiana, Louisiana, Mississippi, Oklahoma, Utah and Washington.

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