(Save the date: RealShare Medical Office Buildings comes to the Four Seasons in Scottsdale, AZ, November 7 -8 )
OAK PARK, IL-Healthcare Trust of America Inc., based in Scottsdale, AZ, is exercising its purchase option on the 135,000-square-foot Rush Medical Office building here at 610 S. Maple Ave. The trust has agreed to pay $54 million for the office, which is fully occupied by, and connected to, the Rush University Medical Center.
The seller is reportedly an affiliate of locally based Bradley Associates LP, which bought the building for $52.6 million. The company took out a five-year, $37 million loan with HTA in 2009, with the option for the trust to buy the 11-year-old building.
Recommended For You
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
