Property details
glenview, il
Fertility Centers of Illinois
Investment type
Net Lease
Asset Class
Medical
Ownership Structure
Delaware Statutory Trust (DST)
Year Acquired
2021
Investment Summary
The property consists of a 30,264 square-foot clinical medical office and corporate headquarters located on 2.6 acres at 2555 Patriot Boulevard in Glenview, Illinois. The property is leased to and occupied by Fertility Centers of Illinois (FCI).
Originally constructed in 2018, the Property was built pursuant to FCI specifications. The site was chosen by FCI as a relocation of its headquarters due to its central location amongst the other FCI clinics operating in the surrounding Chicagoland area.
Syndicated structured its acquisition as a Delaware Statutory Trust (DST) to accommodate investors completing a Section 1031 exchange.