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Chicago & Midwest  + Greater Chicagoland + Illinois  + Healthcare  |  October 3, 2023
JLL Arranges $60M Sale of Loyola Medical Office Building to Sila
Jasmine Kilman
By: Jasmine Kilman

JLL Arranges $60M Sale of Loyola Medical Office Building to Sila

JLL Capital Markets has arranged the $59.95 million sale of Loyola Medicine Burr Ridge, an outpatient health center totaling 104,912 square feet in Burr Ridge, Illinois.

JLL represented the seller, Healthcare Realty Trust, and procured the buyer, Sila Realty Trust. The JLL Capital Markets Investment Sales and Advisory team was led by Senior Managing Director Mindy Berman, Senior Directors Sam DiFrancesca and Pat Shields, and Analyst Matt Sykes. Sila Realty Trust, Inc. is a real estate investment trust headquartered in Florida, focused on investing in healthcare assets.

The three-story property was built in 2010 and is fully leased and occupied by Loyola University Medical Center. Loyola Burr Ridge is Loyola’s largest ambulatory care location, and the facility offers an array of specialty services. The property is also near Loyola Medicine’s two largest hospitals including the 547-bed Loyola University Medical Center and the 374-bed MacNeal Hospital.

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JLLHealthcare Realty TrustSila Realty Trust

About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.
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