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ELK GROVE VILLAGE, IL-During this time of fierce competition for healthcare real estate, successful investors need ample capital, specialized expertise, an extensive network of contacts – and often a dash of good luck. Stage Equity Partners LLC principals Brian Howard and Russell Brenner say it took all of the above to close a recent medical office building acquisition in suburban Chicago.

The Skokie, IL-based private real estate investment firm acquired the multi-tenant, 52,126 square foot Woodland Square Medical Plaza in Elk Grove Village for $7.2 million. The 9-acre property, a stone’s throw from the 387-bed Alexian Brothers Medical Center, is the only building on the campus not controlled by Alexian Brothers Health System.

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