The property was last sold in 2004 for $89 million to the Principal Financial Group. The building also has 95,000 square feet of retail space, which is just 15% occupied.
The medical office space is 88% leased. The building was sold to Farpoint Development.
At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.
