42,000-square-foot, state-of-the-art medical office building will house multiple practices in key southwest suburban location
ORLAND PARK, Ill. (Jan. 4, 2023) — Silver Cross Hospital and Premier Suburban Medical Group, represented by commercial real estate services firm NAI Hiffman, recently broke ground on a new $25 million, 42,000-square-foot medical office building at the northeast corner of LaGrange Road and 171st Street in Orland Park, Ill. The medical office building is scheduled for completion in early 2024.
The two-story, build-to-suit MOB, which will be fully occupied by the two affiliated health providers, will house numerous primary and specialty care services, as well as comprehensive imaging services, an 18-station infusion center, endoscopy suite and after-hours care. Located in the heart of the southwest suburbs, the facility offers proximity to neighboring residential areas in Orland Park, Orland Hills, Tinley Park and Mokena, as well as convenient access to Interstates 57, 80, 294 and 355.
The building will feature a spacious lobby area, covered drop-off area, 178-space parking lot and outdoor landscaping that will incorporate walking paths, benches and sculptures by local artists. The structure’s modern design features oversize windows that will provide abundant natural light and scenic views of the adjacent Orland Grassland, part of the Forest Preserves of Cook County.
Perry Higa, executive vice president of corporate services at NAI Hiffman, was instrumental in identifying the land for the project and brokering the deal to purchase two sites totaling 10.79 acres from SSM Health. Subsequently, Higa brokered the deal to build the medical office building and worked extensively with Silver Cross Hospital, Premier Suburban Medical Group, the village of Orland Park and other project and community stakeholders to bring the development to fruition.
“At a time when the demand for convenient, specialized medical services is at an unprecedented high, this new facility from Silver Cross Hospital and Premier Suburban Medical Group goes beyond checking all the boxes – it provides a wide array of healthcare services within a state-of-the-art facility that is highly accessible to patients and near housing, retail, restaurants and other community amenities,” said Higa. “Medical office buildings remain a steady niche within the office sector, as healthcare is a stable, recession-resistant industry. Growth in MOB development is expected to continue in 2023 as more healthcare services move to outpatient settings.”
“At Silver Cross, we’re constantly advancing and finding ways to better serve our communities,” said Ruth Colby, president and chief executive officer of Silver Cross Hospital. “So, when we decided to expand our services to the Orland Park area, we looked to our trusted partner NAI Hiffman to help bring our vision to life – that of a modern medical office building that would positively impact local residents.”
“As with past projects, NAI Hiffman brought in a best-in-class team to develop the building from start to finish and create a warm, welcoming experience for the people of Orland Park and surrounding communities,” said Vince Pryor, executive vice president and chief financial officer of Silver Cross Hospital.
NAI Hiffman sourced several of the project partners, including Remedy Medical Properties, developer; Leopardo, general contractor; Jensen & Halstead, Ltd., architect; and Kimley-Horn, civil engineering firm.
Silver Cross Hospital has engaged NAI Hiffman for a number of projects since 2004, from developing the 20,000-square-foot, build-to-suit Silver Cross Urgent Care facility at 21205 S. Owens Road in Mokena, Ill., which opened in October 2021; to listing and purchasing more than 500 acres of land throughout the south suburbs; to leasing over 100,000 square feet of medical office space.
About NAI Hiffman:
NAI Hiffman is one of the largest independent commercial real estate services firms in the US, with a primary focus on metropolitan Chicago, and part of the NAI Global network. We provide institutional and private leasing, property management, tenant representation, capital markets, project services, research, and marketing services for owners and occupiers of commercial real estate. To meet our clients’ growing needs outside of our exclusive NAI Hiffman territory, we launched Hiffman National, our dedicated property solutions division, which provides property management, project services, and property accounting services across the country. NAI Hiffman | Hiffman National is headquartered in suburban Chicago, with more than 200 employees strategically located throughout North America. For more information, please visit hiffman.com.
About Silver Cross Hospital:
Silver Cross Hospital is an independent, not-for-profit healthcare provider serving Will County and southwest suburban communities since 1895. Silver Cross has been recognized as a Fortune/Merative 100 Top Hospitals® National Award winner 10 times and honored with an “A” Hospital Safety Grade by The Leapfrog Group. With over 4,500 employees, physicians and volunteers, Silver Cross operates a 348-bed acute care hospital – including Will County’s first and only Level 3 Neonatal Intensive Care Unit – and 12 satellite facilities providing outpatient services and physician offices. Silver Cross opened a state-of-the-art replacement hospital in 2012 at I-355 and Route 6 in New Lenox. In 2021, Silver Cross provided over $42 million in charity care and other community benefits. To learn more about Silver Cross Hospital or a referral to a physician on staff, visit www.silvercross.org. Physicians on Silver Cross Hospital’s Medical Staff have expertise in their areas of practice to meet the needs of patients seeking their care. These physicians are independent practitioners on the Medical Staff and are not the agents or employees of Silver Cross Hospital. They treat patients based upon their independent medical judgment and they bill patients separately for their services.
About Premier Suburban Medical Group:
In 2020, Silver Cross Hospital formed a partnership with several former Pronger Smith Medical Care physicians, who have a long history of serving patients in the Orland Park area. Premier Suburban Medical Group (PSMG) is staffed by more than three dozen primary care and specialty care physicians and advanced practice providers exclusively affiliated with Silver Cross. For more information, visit premiersuburban.com.
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