West Suburban Endodontics, LLC Renews/Extends in Hinsdale
Podolsky|Circle CORFAC International Represents Landlord
Podolsky|Circle CORFAC International Principals Alissa Adler and John R. Homsher, CCIM represented the Landlord, a private investment group, in a five year lease transaction for 3,079 sq. ft. in the tri-level medical office building located at 522 Chestnut Street, Hinsdale, IL.
The lease was an early renewal and extension for West Suburban Endodontics, LLC, a 15-year tenant of the building. Adler and Homsher are also representing ownership in the sale of the building. “The renewal of an existing long-term tenant is always a win-win, and a great way to stabilize the rent roll,” stated Adler.
The 14,031 sq. ft. building is strategically located in one of the most affluent communities in Chicago, catering to professional, medical and dental office tenants looking to be near quaint and bustling downtown Hinsdale.
The building has great identity with exterior signage available, and is easily accessible via both the Hinsdale and West Hinsdale Metra stations along the Burlington North Santa Fe line. The property boasts a 5.4:1,000 parking ratio (75 spaces) for both tenants and clients and has recently undergone major renovations including a new roof, upgraded mechanical systems and parking lot repairs.