Presence Healing Arts Pavilion

Details

Plainfield, Illinois
25,000 SF

 

Responsibility

  • Development
  • Leasing
  • Project Management
  • Property Management

 

Value Added

Purchase Date: November | 2014
Purchase Price: $8.1 million
Equity: $900,000
Sale Price: $9.4 million
Sale Date: October | 2016

  • Strategic ambulatory care location in a growing market with desirable demographics
  • Consolidate existing physicians/services into a centralized location with expansion of ancillary offerings
  • Flexible floorplate to design the standard for future outpatient facilities
  • Site was designed for future expansion capability

The Presence Healing Arts Pavilion is a 25,000 square foot custom-designed medical office facility that delivers outpatient services including primary care, urgent care, specialty care, laboratory, imaging and physical therapy in a modern healthcare setting. Located in Plainfield, Illinois, the contemporary, build-to-suit project for Presence Health provides a comprehensive patient experience by providing progressive services tailored to working adults and busy caregivers.


By implementing innovative building design and construction with the latest in medical technology, the Presence Healing Arts Pavilion sets the standard for modern medical office building development in this high-growth market. Presence relocated, consolidated and expanded local services in the community in an effort to bring all services under one roof in a visible, convenient location. The pavilion also features a health food bar and a community space for educational programs and events.