A partnership that includes Froedtert and Community Memorialhospitals signed leases to fill the first 60,000-sf building, whichis scheduled to be complete in November. The companies will use theproperty for primary care and outpatient services, Wilson tellsGlobeSt.com.
He says the demand is met by a competitive medical marketplace.The company's new complex is surrounded by hospitals, includingAurora Health Care, which bought Advanced HealthCare in July for$100 million. "The companies are looking to step up recruiting,"Wilson says.
The second 60,000-sf building will be completed by February2008, he says, but the third building doesn't yet have a completiondate. The asking rate will be between $22-$23 per sf, triple net."We have about 20,000 sf of leases under letters of intent in thesecond building so far," Wilson says.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.