Chicago & Midwest CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors


Chicago & Midwest  + Greater Chicagoland  + Healthcare  | 

Joint Venture Acquires RUSH Oak Brook Medical Center

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.”


Inside The Story

Remedy Medical PropertiesKayne Anderson Real Estate

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.

New call-to-action