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Hammes Partners Picks Up Six-Property MOB Portfolio in Chicago Suburbs
Avison Young recently arranged the sale of a six-building portfolio of medical office buildings to Hammes Partners on behalf of a private partnership. The portfolio consists of more than 120,000 square feet of critical care facilities spread across the north suburbs with locations including Arlington Heights, Buffalo Grove and Vernon Hills, IL.
The seller was represented by principals Mike Wilson and Erik Foster, based in Avison Young’s Chicago office, along with Washington, DC-based Jim Kornick in partnership with Colliers Chicago leasing expert Darryl Silverman.
“The portfolio is 94% occupied with long-term leases and a tenant roster including Advocate Aurora, North Shore University Health, Northwest Community Health, AMITA Health along with several additional very strong physician groups that made it a very attractive offering, said Wilson. “The buildings are well located and many of the tenants have long histories within each.”
- ◦Sale/Acquisition
