MEDPROPERTIES GROUP ANNOUNCES EXPANSION OF SALT CREEK MEDICAL CAMPUS IN HINSDALE, ILLINOIS
January 2, 2014
NORTHBROOK, IL – Through the recent acquisition of two contiguous properties, 11 Salt Creek and 901 North Elm, MedProperties Group has expanded the Salt Creek Medical Campus in Hinsdale to comprise over 200,000 square feet of outpatient space, including the new 54,000 square foot medical office building that is scheduled to break ground in late 2014. 11 Salt Creek is a 40,000 square foot building that is 95% leased to three medical providers affiliated with the Adventist Health System, one of the largest healthcare organizations in the US with 44 campuses and over 7,700 licensed beds nationwide. 901 North Elm is a 27,000 square foot building with prime visibility on Ogden Avenue that is being renovated for its anchor tenant that will occupy in the second half of 2014. According to William J. Dvorak, Director of Development Services for MedProperties Group, “The ongoing and highly visible modernization program at Salt Creek Medical Campus, to be completed in 2014, along with the new ground up medical building to be delivered in 2015, further establishes the Campus as the prominent outpatient medical destination in the western corridor. The Campus provides what patients and healthcare providers demand – high visibility to establish their brand, excellent demographics, a safe and easily accessible location near major highways, ample parking, modern medical facilities with a synergistic mix of primary and specialty care providers, and proximity to complimentary retail.”