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Mount Oak Capital Launches Dedicated Medtail Development Platform
TelAve News/10891034
New vertical focused on purpose-built, medical-retail anchored shopping centers in high-growth Southeast markets
CHARLESTON, S.C. - TelAve -- Mount Oak Capital ("Mount Oak"), a Southeast-focused retail real estate development and investment firm, today announced the formation of a dedicated medical-retail or "Medtail" platform.
The newly formed vertical expands Mount Oak's development capabilities around the Medtail thesis, the migration of healthcare, wellness, and medical service providers into retail real estate driven by patient demand for accessibility and convenience. The firm has named Adam Radcliffe Principal to lead the platform.
"As a firm, we are long on Medtail, and we believe strongly in the benefits the category brings to new retail developments. Bringing Adam on board makes Mount Oak the only vertically integrated retail development firm with a dedicated Medtail platform, led by someone with experience not only in retail development, but also on the operator side of the category," said Curtis Little, Managing Partner, Development & Acquisitions for Mount Oak.
Radcliffe brings more than 20 years of retail investment and development experience to Mount Oak and has led the acquisition, development, and redevelopment of more than five million square feet representing over $1.3 billion in transactions. Most recently, he served as Director of Real Estate for Truss Vet, a veterinary urgent care startup based in Raleigh, where he oversaw clinic expansion across the Southeast. His experience as an investor, developer, and in-house real estate leader for a high-growth Medtail operator gives Mount Oak an operator-informed edge, combining development execution with firsthand knowledge of how tenants evaluate sites, structure leases, and scale.
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"Mount Oak shares my conviction that Medtail demand is durable because it is tied to everyday, needs-based services," said Radcliffe. "This platform lets us show up as a true partner to operators, combining disciplined retail development with an operator's view of site selection, access, visibility, and growth sequencing to deliver purpose-built Medtail across the Southeast."
Under Radcliffe's leadership, Mount Oak's new Medtail platform will focus on sourcing and acquiring sites in high-growth Southeast markets across North Carolina, South Carolina, Georgia, Florida, Tennessee, and Virginia for the development of multi-tenant centers anchored by at least one Medtail use. Target tenants include urgent care clinics, dental and orthodontic practices, veterinary hospitals, physical therapy providers, dermatology and med spa operators, and other medical service concepts that benefit from visibility, accessibility, and co-tenancy in well-located retail settings.
Each project will pair a Medtail use with complementary quick-service restaurant, fitness, and convenience-oriented tenants, leveraging Mount Oak's established relationships to create efficient site plans, resilient tenant mixes, and durable, saleable assets.
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Mount Oak has secured a dedicated source of capital to support the platform's growth and build a multi-project development pipeline throughout the Southeast. This committed capital base will enable the firm to move quickly with site acquisitions, advance entitlements, and deliver projects on an accelerated timeline as Medtail demand continues to outpace the supply of purpose-built space.
About Mount Oak Capital
Mount Oak Capital is a Southeast-focused real estate development and investment firm specializing in retail, mixed-use, and Medtail-anchored projects. The firm combines vertically integrated development capabilities, including in-house design, engineering and general contracting, with deep tenant relationships and disciplined, demand-driven underwriting. Learn more at http://www.mountoak.com
The newly formed vertical expands Mount Oak's development capabilities around the Medtail thesis, the migration of healthcare, wellness, and medical service providers into retail real estate driven by patient demand for accessibility and convenience. The firm has named Adam Radcliffe Principal to lead the platform.
"As a firm, we are long on Medtail, and we believe strongly in the benefits the category brings to new retail developments. Bringing Adam on board makes Mount Oak the only vertically integrated retail development firm with a dedicated Medtail platform, led by someone with experience not only in retail development, but also on the operator side of the category," said Curtis Little, Managing Partner, Development & Acquisitions for Mount Oak.
Radcliffe brings more than 20 years of retail investment and development experience to Mount Oak and has led the acquisition, development, and redevelopment of more than five million square feet representing over $1.3 billion in transactions. Most recently, he served as Director of Real Estate for Truss Vet, a veterinary urgent care startup based in Raleigh, where he oversaw clinic expansion across the Southeast. His experience as an investor, developer, and in-house real estate leader for a high-growth Medtail operator gives Mount Oak an operator-informed edge, combining development execution with firsthand knowledge of how tenants evaluate sites, structure leases, and scale.
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"Mount Oak shares my conviction that Medtail demand is durable because it is tied to everyday, needs-based services," said Radcliffe. "This platform lets us show up as a true partner to operators, combining disciplined retail development with an operator's view of site selection, access, visibility, and growth sequencing to deliver purpose-built Medtail across the Southeast."
Under Radcliffe's leadership, Mount Oak's new Medtail platform will focus on sourcing and acquiring sites in high-growth Southeast markets across North Carolina, South Carolina, Georgia, Florida, Tennessee, and Virginia for the development of multi-tenant centers anchored by at least one Medtail use. Target tenants include urgent care clinics, dental and orthodontic practices, veterinary hospitals, physical therapy providers, dermatology and med spa operators, and other medical service concepts that benefit from visibility, accessibility, and co-tenancy in well-located retail settings.
Each project will pair a Medtail use with complementary quick-service restaurant, fitness, and convenience-oriented tenants, leveraging Mount Oak's established relationships to create efficient site plans, resilient tenant mixes, and durable, saleable assets.
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Mount Oak has secured a dedicated source of capital to support the platform's growth and build a multi-project development pipeline throughout the Southeast. This committed capital base will enable the firm to move quickly with site acquisitions, advance entitlements, and deliver projects on an accelerated timeline as Medtail demand continues to outpace the supply of purpose-built space.
About Mount Oak Capital
Mount Oak Capital is a Southeast-focused real estate development and investment firm specializing in retail, mixed-use, and Medtail-anchored projects. The firm combines vertically integrated development capabilities, including in-house design, engineering and general contracting, with deep tenant relationships and disciplined, demand-driven underwriting. Learn more at http://www.mountoak.com
Source: Mount Oak Capital, LLC
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