A health-system anchored multi-tenant medical office campus in the supply constrained market of Munster, IN.
Strategically located 1.8 miles south of the I-90/I-94 interchanges and less than 1 mile from the Illinois border, connecting the area to downtown Chicago and south-suburban Chicagoland.
Situated directly across the street from the Powers Health Community Hospital campus, a 458-bed, non-profit acute care facility and a regional leader in orthopedics, cardiac care, and cancer treatment.
The Opportunity
One tenant is scheduled to vacate their space in January 2027, providing a rare opportunity to re-tenant a large block of contiguous medical space in a supply-constrained submarket.
The acquisition includes an additional one-acre land parcel fronting Calumet Avenue (31,207 VPD). This highly visible frontage provides a dual-path opportunity: we can either develop the site for a high-traffic retail/medtail use to drive additional yield or pave the parcel to expand the campus’s parking capacity, further enhancing the property’s competitive advantage for high-volume clinical users.
Create value through capital improvements, cosmetic upgrades, speculative suite buildouts, targeted leasing campaigns, and sophisticated property/asset management.
The Result
Currently executing our business plan for the assets, including maintaining & improving the assets with several capital projects including upgrades to the building systems, common areas, exteriors, and landscaping.
