MONDAY, NOVEMBER 24, 2008

Structured leases to Town & Country Pediatrics in Chicago

by Midwest Real Estate News Reports
Chicago

Chicago-based Structured Development LLC announced it has signed a lease with Town & Country Pediatrics for 13,500 square feet of medical office space at Blackhawk/Halsted, a 225,000-square-foot mixed-use development in the Clybourn Corridor in Chicago.

Town & Country recently moved into its new space, joining a growing list of healthcare providers at Blackhawk/Halsted, including Advocate Health Centers, Pine Dental, Associated Allergists and Northwestern Memorial Physicians Group, which is opening a new pediatric and internal medicine office at the development in spring 2009.

Blackhawk/Halsted is located on 2 acres at 1460 N. Halsted Street. The environmentally-friendly development, which features a contemporary glass and metal design by Valerio Dewalt Train Associates, is a candidate for LEED Silver certification from the U.S. Green Building Council. The development is also home to the British School of Chicago and outdoor gear retailer REI, which occupy a combined 105,000 square feet.

According to Michael Drew, co-founder of Structured Development LLC, Blackhawk/Halsted's 70,000 square feet of medical office space is now 70-percent leased, and the entire development is 80-percent leased.

Ira Perlman of Howard Ecker and Company represented Town & Country Pediatrics, which moved from 2073 N. Clybourn Ave.

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