CHICAGO, INDIANAPOLIS—Duke Realty has just begun developing an 80,000-square-foot, four-story medical office building for Centegra Health in the Village of Huntley, about one hour northwest of Chicago, and officials from the Indianapolis-based developer say the project has already attracted a great deal of interest from providers.
“Leasing activity has been very strong; as strong as I have seen in a long time,” Dave Martin, Duke's senior vice president for healthcare, tells GlobeSt.com. The area is one of the fastest growing in Chicago's metro region and one of the reasons for the robust demand is the recognition that “the growth of this submarket has created a pocket of opportunity.”
“In addition, a number of businesses are opening new facilities in Huntley, and access to the area is improving with the new I-90 and Rte. 47 interchange and a planned Amtrak stop,” says Jason Sciarro, president and chief operating officer of Centegra.
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Brian J. Rogal
Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.
