MEDPROPERTIES GROUP ANNOUNCES SALT CREEK MEDICAL CAMPUS ACQUISITION IN HINSDALE, ILLINOIS
January 23, 2013
NORTHBROOK, IL – MedProperties Group has partnered with H.I.G. Realty Partners to complete its acquisition of two buildings, 12 Salt Creek Lane and 907 North Elm Street, and an adjacent development parcel in the western Chicago suburb of Hinsdale, Illinois. The existing properties will be upgraded for exclusive medical tenancy, while opportunities are available for tenants to anchor a future third medical office building. The site offers access from the I-294 Tri-State Tollway, prominent visibility along Ogden Avenue, and a signalized entrance. “The Salt Creek Medical Campus allows us to provide health systems and physician groups with high quality medical space, patient-friendly access and a premier location,” said Matthew Campbell, Chief Executive Officer and Founding Partner of MedProperties Group.