Inland acquires Elmhurst medical office building
Oak Brook-based Inland Real Estate Acquisitions said it has purchased of the Edward-Elmhurst Health Center, an approximately 13,000-square-foot medical office building in Elmhurst.
Terms of the acquisition were not announced.
Built in 2017, the property at 755 N. York St. is home to Edward Health Ventures, operating as Edward-Elmhurst Health. Serving as a medical office space, the property includes 10 exam rooms, one procedure room, one endoscopy suite and four pre-/post-recovery rooms. The Center features physicians who specialize in family medicine, internal medicine, obstetrics/gynecology and gastroenterology.
Mark Cosenza, senior vice president of Inland Real Estate Acquisitions, completed the deal with assistance from Brett Smith, assistant vice president and associate counsel of The Inland Real Estate Group Law Department, on behalf of an Inland affiliate.
"The well-established tenant and prime location made this the type of attractive acquisition we are looking for in this asset class," Cosenza said.