Advocate Aurora Health
Project Overview
Physician Real Estate Capital Advisors, LLC ("PRECAP") completed the successful sale of a 19,678 square foot, two-tenant, medical office building in Kenosha, Wisconsin.
The asset is 100% occupied by Aurora Medical Group, Inc. (AMG), a subsidiary of Advocate Aurora Health (S&P AA), and MH Imaging, a multi-location provider in the market. Prior to pursuing a sale, the seller had negotiated a new 10-year lease extension with AMG, which occupies 84% of the building.
We really enjoyed working with Scott and were impressed by his ability to bring us very competitive offers quickly. He was always accessible and made every effort to keep the process moving forward. Scott also demonstrated a deep knowledge of the healthcare real estate market and proved to have strong relationships with a large network of investors.
Dr. Giuseppe Garetto & Jean Garretto | Garretto Real Estate, LLC
Project Details
Size
19,689
Dollar Amount
$6,200,000
Location
Kenosha, Wisconsin
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PRECAP welcomes the opportunity to schedule an introductory call to discuss the healthcare real estate market and your investment objectives.
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