HSA PrimeCare sells four medical office buildings

Chicago-based HSA PrimeCare recently sold four medical office buildings in Illinois and Wisconsin totaling 107,828 square feet to Irvine, Calif.-based IRA Capital for an undisclosed amount.

The portfolio includes hospital-anchored assets that were developed or acquired by HSA PrimeCare and included Advocate Good Samaritan South at 6840 Main St. in Downers Grove, a 35,011-square-foot outpatient clinic developed by HSA PrimeCare in 2008 and anchored by Advocate Aurora Health; Hawthorn Surgery Center at 240 Center Drive in Vernon Hills, a 15,321-square-foot free-standing surgery center developed by HSA PrimeCare in 2014 as a build-to-suit for Deerfield-based Surgical Care Affiliates; Advocate Aurora Health Beverly Clinic at 1357 W. 103rd St. in Chicago, a 33,519-square-foot multi-tenant office building constructed in 1955 and redeveloped by HSA PrimeCare in 2007 to house an Advocate Aurora primary care clinic, as well as a bank; and Advocate Aurora Health Muskego Clinic at S68W15500 Janesville Road in Muskego, Wis., a 24,067-square-foot retail health care clinic offering OB/GYN and radiology services, bought by HSA PrimeCare in 2012.

HSA PrimeCare will continue to manage the assets on behalf of the new owner.

Mike Wilson and Erik Foster of Avison Young represented HSA PrimeCare in the transaction.