Seavest Healthcare Properties Acquires Medical Office In Willowbrook For $43.25M

A medical office property located at 12021 S. Wilmington Ave in Willowbrook has been sold for a total amount of $43,250,000. The property spans across 52,000 square feet, with a price per square foot of $831. The transaction took place on July 23, 2020. The buyer, represented by Jonathan "John" Winer, is Seavest Healthcare Properties LLC. On the other hand, the seller is Trammell.

Summary of transaction details

• Property Type: Medical Office
• Transaction Amount: $43,250,000
• Square Footage: 52,000
• Price per Square Foot: $831
• Buyer: Seavest Healthcare Properties LLC - Jonathan "John" Winer
• Seller: Trammell

It is worth mentioning that the loan amount associated with this transaction is $25,000,000. The lender responsible for providing the loan is CIT Group. Ellen Alemany and Douglas Ray are the individuals represented in the loan image.