Marcus & Millichap Real Estate Investment Services has arranged the sale of Plainfield Medical, a 19,232-square-foot multi-tenant medical office property located in Plainfield.
James Clough, John Abuja and Joseph Smazal, investment specialists in Marcus & Millichap’s Chicago downtown office, had the exclusive listing to market the property on behalf of the seller, a family estate. The buyer, a private investor in a 1031 Exchange, was secured and represented by Howard Wiese, an investment specialist in Marcus & Millichap’s Chicago O’Hare office.
Plainfield Medical is located at 23909 W. Renwick Road in Plainfield. The asset is comprised of a total 19,232 square feet of rentable space demised into seven tenant suites. The property is currently operating at 86 percent occupancy with six tenants currently under lease. The property boasts a tenant mix of medical tenants with staggered leases.
