Greenstone Partners has completed the sale of 1952 McDowell Road, a 55,000-square-foot multi-tenant medical and office building located in Naperville. The property was sold for $6.07 million.

Greenstone Partners’ Jason St. John and AJ Patel exclusively represented the seller, a Naperville-based office operator, while the buyer, a local investor, was represented by an outside broker. “The buyer successfully acquired a well-located, cash flowing asset in one of the most thriving submarkets in the Chicago MSA,” said Patel.

The building is anchored by a behavioral health and mental health service practice, Advanced Behavioral Health Services, which occupies the entire third floor and recently expanded and extended their lease through 2029.

The tenancy is a diverse and strong mix of medical users and general office. At 86% occupancy, the buyer, a local investor, possesses the opportunity to acquire a cash flowing asset with additional upside through the lease up of 6,600 square feet spread across three units.

Capital, development, leasing, demographics—the trends driving healthcare real estate will all be on the agenda at Connect Healthcare Real Estate. Join the leaders shaping medical office, FSEDs, urgent care centers and hospital investment this October 14–15 in Irvine: www.ConnectHealthcareCRE2025.com