Stage Equity Partners Acquires 52,000 sf Medical Office Complex in Prime Chicago Suburb

CHICAGO, IL – May 17, 2013 – (RealEstateRama) — Chicago-based healthcare real estate investment company Stage Equity Partners LLC (“Stage”) announced the recent acquisition of a 52,126 square foot medical office complex in Elk Grove Village, a northwest suburb of Chicago. According to Stage President and Founder Brian Howard, the complex of four single-story interconnected buildings called Woodland Square was acquired in a direct off-market transaction from a local family partnership at approximately $138 per square foot. The complex is located in the heart of the Alexian Brothers Medical Center campus, directly across the street from the 387-bed flagship hospital for the Alexian Brothers Health System (owned by Ascension Health)