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Chicago Investors Often Choose Medical Office Ventures Before, During Recessions

Investment Typically Tilts Toward Single-Occupancy Over Multitenant Assets, Analysis Shows
Occupied solely by Loyola University, the nearly 105,000-square-foot medical center in Burr Ridge, Illinois, sold for almost $60 million during the waning days of 2023's third quarter. (CoStar)
Occupied solely by Loyola University, the nearly 105,000-square-foot medical center in Burr Ridge, Illinois, sold for almost $60 million during the waning days of 2023's third quarter. (CoStar)
CoStar Analytics
October 13, 2023 | 2:03 P.M.

Commercial real estate experts in Chicago advise their clients and investment boards to place their bets on single-tenant occupancy, or STO, medical office buildings as hedges against oncoming and ongoing recessionary periods.

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