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Experience » Healthcare » On-Campus MOBs » Valley West Medical Office Building

Valley West Medical Office Building

Sandwich, Illinois
Irgens was retained to assist this client in master planning its hospital campus so a new, 38,000 square foot medical office building could be strategically located as an integral part of the hospital’s future growth. Irgens successfully navigated the project through the state regulatory environment to ensure compatibility with Certificate of Need (CON) regulations. At the same time, Irgens worked diligently to achieve a competitive rental rate and recruited a complementary mix of physician tenants representing an array of specialties. To finance the project, Irgens utilized long-standing financial sources for debt and equity financing and recruited physician tenants as equity investors.

“Our collaborative partnership with Irgens, along with financial backing from their equity partners, allowed our new medical office building in Sandwich to provide patients with critical access to the very best primary care physicians and medical specialists in the region.”

Kevin Poorten | KishHealth System