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May 2018

Edgerton, Johnson assist in five medical office leases

In the first transaction, The Oak Lawn Medical Center located at 10837 S Cicero Avenue in Oak Lawn secured a lease extension with Advocate Health Care. Advocate Healthcare currently occupies 12,195 square feet. Brian Edgerton represented Healthcare Trust Inc. and CBRE’s Gary Fazzio & Alli Fazzio represented Advocate Health Care. Oak Lawn Medical Center is currently 100% leased, but will have two medical suites coming available later this year ranging between 3,300 to 4,100 square feet.

Next, Edgerton represented Oak Brook Allergists in the relocation of two medical offices. The first is 2,432 square-feet at 360 W Butterfield Rd in Elmhurst, IL and the second is 1,594 square-feet at 6800 Main Street in Downers Grove, IL. James Hopkins of Real Estate Consultants of Illinois, LLC and Rawly Lantz of Cawley Chicago Commercial Real Estate represented ownership in the transactions.

Finally, Edgerton in partnership with Vice President Adam Johnson represented MedProperties Group in two new leases at 907 N Elm Street in Hinsdale. Rogers Behavioral Health will lease the entire 3rd Floor of the building,  11,110 square feet in total. Advanced Pediatrics will occupy 1,739 square feet. Jones Lang LaSalle’s Sylvia VanLoveren represented Rogers Behavioral Health and Bespoke Commercial’s Bill Lussow represented Advanced Pediatrics. Located within the Salt Creek Medical Campus, 907 N Elm Street is currently 60% leased with medical offices available ranging from 2,000 to 9,500 SF.

 About NAI Hiffman

Comprised of more than 160 real estate professionals, NAI Hiffman provides leasing, management, investment sales and capital markets representation for owners and occupiers of commercial real estate in the Chicago metro market. It currently leases and manages an 80+ million SF portfolio of over 700 commercial properties throughout metropolitan Chicago, Northwest Indiana and Southeast Wisconsin. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 400 offices strategically located throughout the world, with 7,000+ local market professionals, handling over $20 billion in transaction value and managing 425+ million SF of property. For more information, please visit www.naihiffman.com.

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