Slated to open late 2016, the University of Chicago Medicine’s Center for Advanced Care at South Loop will be on the second level of Southgate Market, a popular retail destination in the neighborhood since its opening in 2007. The retail center is anchored by Whole Foods Market, PetSmart, DSW, Marshalls and LA Fitness.
“This is an excellent location for the University of Chicago Medicine to offer patients convenient access to its state-of-the-art care,” said CBRE’s Springer. “Providers have realized that healthcare users want to have accessible care in locations that they frequent on a regular basis. Large retail centers such as Southgate Market are a prime opportunity to engage growing patient populations.”
According to UChicago Medicine, an estimated 132,000 people live and work in the South Loop, and, the area’s population is set to grow by 9 percent in the next five years.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2014 revenue). The Company has more than 70,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 400 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com.