The properties in the portfolio are 99 percent leased. The Chicago area property is the Elgin Professional Plaza, located at 750 Fletcher Drive in Elgin. The other properties in the portfolio include the Oasis Surgical Hospital in Arizona and the Baptist Health City I & II buildings in Florida. “The portfolio’s strong tenant mix, long remaining lease terms and strategic market locations made this an ideal investment opportunity,” said Berman.
Connect Industrial Midwest 2024 will take place on March 5, 2024, at Joe’s Live in Rosemont, Illinois. Click here for more information and to register.
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.