Podolsky|Circle Sells Medical Office Building in Crystal Lake
Podolsky|Circle CORFAC International Sells Medical Office Building in Crystal Lake, Ill.
Podolsky|Circle CORFAC International’s Middle Market Investment Advisory Team have successfully completed the investment sale of a single tenant net leased medical office building in the heart of suburban Crystal Lake, Illinois.
Kapadia and Sons Ltd. was the seller. The property sold for approximately $3.2 million to a Chicago-based private investment group.
Centegra Milestone Therapy Center is an 11,909-square-foot office building located at 394 Federal Drive in Crystal Lake. The building, a single-tenant facility, was originally developed by the private owners of a physical therapy center who then sold their practice to Centegra Health System.