CBRE has facilitated the sale of the Elk Grove Village Medical Campus, according to a March 4 press release. The property was sold to Casa Avore, a private capital group specializing in healthcare real estate.
Elk Grove Village Medical Campus is a 52,126-square-foot campus with four medical outpatient buildings (MOBs) located in Elk Grove Village, Illinois. The diverse tenancy in the four MOBs is anchored by Fresenius Medical Care. Other tenants include Midwest Sports Medicine & Orthopaedic Surgical Specialists, Medical Center Dental Associates and Nephrology Associates of Northern Illinois and Indiana. The campus was 95% occupied with a weighted average length of tenancy in excess of 20 years at the time of sale.
Chris Bodnar, Brannan Knott, Zack Holderman, Anthony Sardo, Cole Reethof, Jesse Greshin and Trent Jemmett of CBRE U.S. Healthcare Capital Markets partnered with Kevin Kobe of CBRE’s Chicago Capital Markets team to act as the exclusive advisors to the seller, Stage Equity Partners. Financial terms of the deal were not disclosed.
According to data captured in the LevinPro HC database, this deal marks the 52nd MOB transaction of the year, and the third in Illinois. There were 232 MOB deals reported throughout 2025, and 213 in 2024. MOB activity in 2026 accounts for almost 13% of the 403 healthcare transactions that have been announced this year, so far.
