Chicago MOB Breaks Ground
- Dec 08, 2017
The Sanders Trust has expanded its portfolio with a new $11.2 million development. The firm broke ground on a 30,000-square-foot medical office building in Glenview, Ill., one of Chicago’s most affluent suburbs. The Sanders Trust has contracted Clarius Partners Development Services, a Chicago-based project manager, to construct the health care facility.
The asset will be fully leased by the Fertility Centers of Illinois. Through its long-term lease of the facility, the center will offer a comprehensive range of fertility treatments with an emphasis on in vitro fertilization and its related technologies. The Fertility Centers of Illinois also boast extensive experience in the continually evolving field of genetic screening of embryos, including diagnosis for single gene abnormalities.
By entering the Chicago health care real estate market, the company now has a presence in 25 states. “Not only is it a milestone for The Sanders Trust to enter its 25th state, but is also an honor to partner with a tenant that offers superb quality of care as we enter the high demand of the Chicago market,” said Rance Sanders, president & CEO of The Sanders Trust, in a prepared statement.
Image courtesy of The Sanders Trust