NelsonHill has completed the sale of a 6,500-square-foot office building located at 1229 W. Randolph in Chicago’s West Loop neighborhood. NelsonHill resides in the building and will continue to occupy the second floor. Sale price was $1.1 million.
Suburban Orthopedics has purchased the 6,250-square-foot building and will occupy the first floor totaling 3,350 square feet of space. The physician group has been in practice for more than 20 years and is expanding into the West Loop. The property represents the fourth office for doctors joining other suburban locations in Elk Grove, Elgin and Bartlett.
Mark Nelson and Michael Nelson of NelsonHill represented the seller, Joe Reina, in the sale and Joe Goodman of Terraco worked on behalf of the buyer.