Sold: Duly Health & Care MOB
HREA | Healthcare Real Estate Advisors is pleased to announce the real estate sale of an on-campus medical office building located in Joliet, IL.
The multi-tenant medical office building is located adjacent to AMITA Health’s flagship hospital, AMITA Health Saint Joseph Medical Center, a 480-bed full-service hospital, and within the Chicago-Naperville-Elgin, IL-IN-WI MSA, which has a population exceeding 9.4 million residents, making it the 3rd largest metropolitan area in the U.S.
The anchor-tenant, Duly Health & Care, accounting for 92% of the total occupancy, is the largest independent, multi-specialty physician-directed medical group in the Midwest with 900 primary care and specialty care physicians and more than 6,000 team members across 150 locations.
Since its inception more than 50 years ago, Duly Health & Care, formerly known as DuPage Medical Group, is dedicated to providing the residents of Illinois with world-class care across all specialties ranging from primary care, multi-disciplinary care and an assortment of specialty care services. Within the building, there are an array of healthcare specialties that include radiology, cardiology, pulmonary, gastroenterology ENT, ophthalmology, and dermatology.
Representative Transactions
HREA | Healthcare Real Estate Advisors is pleased to announce the real estate sale of a medical office building located in Chesapeake, VA. The property was extensively remodeled in 2018 and is located adjacent to the 310-bed Chesapeake Regional Medical Center.