Press Release
FOR IMMEDIATE RELEASE
Chicago – May 5, 2026 – CBRE facilitated the sale of the 11 Salt Creek Medical Building, a 39,627 sq. ft. medical outpatient building (MOB) located at 11 Salt Creek Lane in Hinsdale, Illinois.
Chris Bodnar, Brannan Knott, Zack Holderman, Anthony Sardo, Cole Reethof and Jesse Greshin of CBRE U.S. Healthcare Capital Markets partnered with Michael Kaider of CBRE’s National Retail Partners – Midwest team and National Net Lease Property Group to act as the exclusive advisors to MedProperties Group, the seller.
11 Salt Creek Medical Building is a recently renovated MOB located in Hinsdale. The property is 100% leased on a long-term triple-net basis to UChicago Medicine AdventHealth, a joint venture between two investment-grade health systems, UChicago Medicine and AdventHealth. In 2025, the health system expanded its footprint by 35% to occupy the entire second floor, reinforcing its long-term commitment to the site.
The property is staffed by 33 physicians and 12 advanced practitioners delivering adult and pediatric care across 13 specialties. Situated less than one mile from the 261-bed UChicago Medicine AdventHealth Hinsdale Hospital, one of four hospitals operated by the joint venture, the property is vital to their outpatient delivery model. The property is positioned in a tight medical outpatient market boasting a 91% occupancy rate across 23 outpatient medical buildings highlighting the limited availability of competing properties.
“The Hinsdale medical market is marked by low vacancy and a high-credit health system presence,” said Bodnar, a Vice Chairman with CBRE’s U.S. Healthcare Capital Markets practice.
“UChicago Medicine AdventHealth Medical Group has made significant investments in the building, which houses several critical practices for their network, including transplant services, advanced gastrointestinal care, women’s health, primary care, neurotology and otology.”
“This transaction reflects MedProperties Group’s strategic approach to portfolio management and our commitment to delivering value for our investors,” said a MedProperties Group spokesperson. “The 11 Salt Creek Medical Building represented a successful investment, and we are pleased with the outcome of this sale.”
11 Salt Creek Medical Building is easily accessible via I-294 and Highway 34, which serves nearly 200,000 vehicles daily and offers a strong 4.3 spaces per 1,000 SF parking ratio. The property benefits from strong healthcare demographics, with average household income exceeding $364,000 (3.1x national average) and healthcare spending per capita being 2.5x the national average.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE: CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2025 revenue). The company has more than 155,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves clients through four business segments: Advisory (leasing, sales, debt origination, mortgage servicing, valuations); Building Operations & Experience (facilities management, property management, flex space & experience, data center solutions); Project Management (program management, project management, cost consulting); Real Estate Investments (investment management, development). Please visit our website at www.cbre.com.
About MedProperties Group
MedProperties Group, the seller, was founded in 1994 and is an established medical real estate investment, development and operating platform based in Chicago, Illinois. The team is comprised of senior real estate professionals with institutional backgrounds and healthcare provider experience. MedProperties Group targets acquisition, development and redevelopment investments in a variety of healthcare types with a focus on medical office, specialty facilities and life science properties in Illinois, Colorado and Arizona. For details, visit: www.medpropertiesgroup.com.
Contact:
Olivia Vallone
+1 847 691 9144
Olivia.Vallone@cbre.com
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