Joint venture partners Remedy Medical Properties and Kayne Anderson Real Estate announced the acquisition of the 93,386-square-foot, LEED Gold-certified RUSH Oak Brook Medical Center in the Chicago suburb of Oak Brook.
The three-story medical office building and ambulatory surgery center, located at 2011 York Road, sits on 3.516 acres and is 99 percent long-term leased by RUSH University System for Health and Midwest Orthopaedics at RUSH.
Completed in 2018, RUSH Oak Brook serves as an outpatient healthcare hub for more than 20 other clinical specialties. The building features a multi-specialty surgery center featuring six operating rooms, two procedure rooms and 28 patient bays.
“As a Chicago-based company, we are thrilled to acquire this trophy building in our home market,” says Joe Magliochetti, chief investment officer for Remedy. “The RUSH Oak Brook Medical Center increases our portfolio in the Chicago market to 2.55 million square feet.”
The post Joint Venture Acquires RUSH Oak Brook Medical Center appeared first on Connect CRE.
Robert Khodadadian has long had a simple philosophy about selling real estate. There are approximately a million buildings in the city, and the broker that gets to sell any one among the multitude that will hit the auctioning block at a given moment is, sometimes, simply the person who happens to pitch their services to the right seller.
robert khodadadian, skyline properties, commercial real estate, off market real estate, daniel shirazi, real estate investment, new york real estate
Read MoreConnect CREJoint venture partners Remedy Medical Properties and Kayne Anderson Real Estate announced the acquisition of the 93,386-square-foot, LEED Gold-certified RUSH Oak Brook Medical Center in the Chicago suburb of Oak Brook. The three-story medical office building and ambulatory surgery center, located at 2011 York Road, sits on 3.516 acres and is 99 percent long-term leased …
The post Joint Venture Acquires RUSH Oak Brook Medical Center appeared first on Connect CRE.