The CBRE Healthcare Capital Markets Group is pleased to exclusively offer the Advocate Medical Office Portfolio (“The Portfolio”) for purchase. The 88% leased Portfolio consists of seven (7) on-campus medical office buildings totaling 408,734 rentable square feet in some of Chicago’s most affluent suburbs. Approximately 48% of the portfolio is anchored by Advocate Health Care, one of the nation’s 10th largest health systems and the largest healthcare provider in the State of Illinois, maintaining an investment grade rating of ‘AA’ by Standard & Poor’s, ‘AA’ by Fitch Ratings, and ‘Aa2’ by Moody’s. The portfolio is offered free and clear of existing debt, providing an incoming investor tremendous value with stable investment grade credit tenancy and strategic on-campus locations.
For more information on this listing, please visit: https://www.cbremarketplace.com/AdvocatePortfolio/
Disclaimer: HREInsights.com posts listings for healthcare real estate for sale or lease for informational purposes only. HREI has no financial interest in the properties or in any possible associated transactions. The listings are provided strictly as a service to our readers and at no cost to the parties involved. If you are a broker or property owner with healthcare real estate for sale or lease, we invite you to email your listings to publisher@hreinsights.com to be considered for possible inclusion in our “Listings” section.
The full content of this article is only available to paid subscribers. If you are an active subscriber, please log in. To subscribe, please click here: SUBSCRIBE
Comments are closed, but trackbacks and pingbacks are open.