The CBRE U.S. Healthcare Capital Markets Group acted as the exclusive advisor for the sale of the Doctors Office Building III in Hoffman Estates, Illinois. | ||||||
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The CBRE U.S. Healthcare Capital Markets Group is pleased to announce the sale of the Doctors Office Building III (the “Property”). Lee Asher and Chris Bodnar of the CBRE U.S. Healthcare Capital Markets Group partnered with Gary Fazzio in the Illinois market to act as the Seller’s exclusive advisors.
The Property is located on the campus and connected to AMITA Health St. Alexius Medical Center, Hoffman Estates (“St. Alexius Medical Center“). The 99,526-rentable square foot medical office building consists of four above grade floors and one below grade floor. The Property is currently 91% leased to a diverse group of prominent healthcare providers, including 80% to AMITA Health. AMITA Health is a joint operating company formed by Adventist Midwest Health, part of Adventist Health System (S&P ‘AA’, Fitch ‘AA’, Moody’s ‘Aa2) and Alexian Brothers Health System, a subsidiary of St. Louis, Missouri-based Ascension (Moody’s ‘Aa2’, Fitch ‘AA+’). For more information on this sale, or if we can help with your healthcare real estate holdings, please contact us. |
Contact Us:
U.S. HEALTHCARE CAPITAL MARKETS GROUP | ||
LEE ASHER Executive Vice President Investment Properties +1 404 504 5965 lee.asher@cbre.com |
CHRIS BODNAR Vice Chairman Investment Properties +1 303 628 1711 chris.bodnar@cbre.com |
GREG GREENE Senior Vice President Debt & Structured Finance +1 214 979 5617 greg.greene@cbre.com |
RYAN LINDSLEY Senior Director Investment Properties +1 303 628 1745 ryan.lindsley@cbre.com |
SABRINA SOLOMIANY Senior Director Investment Properties +1 405 536 5054 sabrina.solomiany@cbre.com |
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