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.

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

© 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.