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Chicago & Midwest  + Greater Chicagoland  + Office  |  October 20, 2020
Paul Bubny
By: Paul Bubny

MOB Specialist Bauman & Co. Enters Chicago Market

Atlanta-based Bauman & Company LLC, which specializes in acquiring, leasing and managing medical office buildings, has expanded into Illinois with three medical office buildings in Elgin and Aurora.

Deal terms weren’t disclosed. Two of the buildings are located on the AMITA Health Saint Joseph Hospital Elgin campus, and the third building is located on the AMITA Health Mercy Medical Center Aurora campus.

“These properties are a valuable addition to our portfolio and we look forward to continuing our expansion in the Midwest,” said Billy Bauman, founder of Bauman & Company.

Collectively totaling 125,000 square feet, the facilities are currently in the design phase for renovations to the common areas, with construction slated to start in the fourth quarter of this year. Bauman & Company has taken over the management of these properties, with leasing being handled by local medical office specialist O’Donnell Commercial Real Estate Inc.

Pictured: Bauman & Company’s Aurora acquisition.

For comments, questions or concerns, please contact Paul Bubny

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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