DUKE REALTY CO. 
By
(Chicago, Ill. - Jan. 18, 2012) Duke Realty, a leading owner,
manager and developer of healthcare properties in the
United States has added to its suburban Chicago medical
office portfolio with the acquisition of Burr Ridge
Medical
Center. The 104,912-square foot facility is fully leased to
Loyola University Medical Center (LUMC), a subsidiary of
Loyola
University Health Systems (LUHS), one of the leading
hospitals in the Chicago metropolitan area and part of
Trinity Health, the fourth largest Catholic healthcare system
in the United States. The acquisition of this facility raises
Duke Realty's total owned and managed healthcare portfolio in
Chicago to 570,177 square feet.
"The acquisition of Burr Ridge Medical Center is consistent
with Duke Realty's strategy of expanding its investment in
healthcare assets supported by strong healthcare systems,"
said Keith Konkoli, Senior Vice President of Duke Realty's
Midwest healthcare operations. "Burr Ridge Medical Center is
a new Class A, state-of-the-art facility and the largest
academic medical center in the Chicago suburbs. Plus it is
affiliated with LUHS, Chicago's premier academic healthcare
services provider."
Open since March 2011, Burr Ridge Medical Center continues
LUHS' focus on providing medical services to suburban Chicago
residents in locations convenient to where they live and
work. Burr Ridge houses LUMC's musculoskeletal, orthopedics
and neuroscience service lines, rehabilitation facilities and
full-service imaging, as well as other physicians and
healthcare practices. The facility also includes a "Center
for the Senses" which encompasses otolaryngology,
ophthalmology and audiology and features an optical shop and
hearing center. The facility is located at 6800 N. Frontage
Road in Burr Ridge, just off I-55 and County Line Road.
Duke Realty owns and operates approximately 143 million
rentable square feet of industrial, office and healthcare
assets
in 18 major U.S. cities. Duke Realty Corporation is publicly
traded on the NYSE under the symbol DRE and is listed on
the
S&P MidCap 400 Index. More information about Duke Realty is
available at www.dukerealty.com.
With more than 20 years in the industry, Duke Realty's
healthcare team offers proven experience in providing
hospitals and physician groups comprehensive planning,
development, ownership and facility management services. Duke
Realty's medical office portfolio projects range from small
medical office buildings to large healthcare centers with
diagnostics, oncology and surgery services.
Duke Realty's healthcare division was created by the February
2007 acquisition of Bremner Healthcare by Duke Realty. To
find out more, please visit www.dukerealty.com/healthcare.
Based in the western suburbs of Chicago, Loyola University
Health System is a quaternary care system with a 61-acre main
medical center campus, the 36-acre Gottlieb Memorial Hospital
campus and 22 primary and specialty care facilities in Cook,
Will and DuPage counties. The medical center campus is
conveniently located in Maywood, 13 miles west of the Chicago
Loop and 8 miles east of Oak Brook, Ill. The heart of the
medical center campus, Loyola Hospital, is a 569-
licensed-bed facility. It houses a Level 1 Trauma Center, a
Burn Center and the Ronald McDonald®
Children's Hospital of
Duke Realty Corporation
www.dukerealty.com
Loyola University Medical Center. Also on campus are the
Cardinal Bernardin Cancer Center, Loyola Outpatient Center,
Center for Heart & Vascular Medicine and Loyola Oral Health
Center as well as the LUC Stritch School of Medicine, the LUC
Marcella Niehoff School of Nursing and the Loyola Center for
Fitness. Loyola's Gottlieb Memorial Hospital campus in
Melrose Park includes the 264-bed community hospital, the
Gottlieb Center for Fitness and the Marjorie G. Weinberg
Cancer Care Center.
Based in Novi, Mich., Trinity Health is one of the largest
Catholic health systems in the United States. It operates
47
acute-care hospitals, 401 outpatient facilities, 31 long-term
care facilities, and numerous home health offices and hospice
programs in 10 states. Employing more than 53,000 full-time
staff, Trinity Health has operating revenue of $9 billion. As
a not-for-profit health system, Trinity Health reinvests its
profits back into the community through programs to serve the
poor and uninsured, manage chronic conditions like diabetes,
health education and promotion initiatives, and outreach for
the elderly. In fiscal 2010, this included nearly $460
million in such community benefits. For more information
about Trinity Health, visit www.trinity-health.org or become
a fan of the Trinity Health Facebook page at
www.facebook.com/trinityhealth.
-end -
| distribué par | Ce noodl a été diffusé par Duke Realty Corporation et initialement mise en ligne sur le site http://www.dukerealty.com. La version originale est disponible ici. Ce noodl a été distribué par noodls dans son format d'origine et sans modification sur 2012-01-18 18:23:18 PM et restera accessible depuis ce lien permanent. Cette annonce est protégée par les règles du droit d'auteur et toute autre loi applicable, et son propriétaire est seul responsable de sa véracité et de son originalité. |
| Documents associés | |
| Duke Realty Expands Medical Office Portfolio in Chicago with Acquisition of Burr Ridge Medical Cente |
