Home Industries Real Estate Irgens sells ProHealth Medical Group Clinic building in Brookfield for $24 million

Irgens sells ProHealth Medical Group Clinic building in Brookfield for $24 million

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An affiliate of Milwaukee-based commercial real estate development firm Irgens has sold the medical office building that it built in Brookfield for Waukesha-based ProHealth Care, according to state records. Irgens sold the 50,000-square-foot ProHealth Medical Group Clinic building for $24.45 million to an affiliate of Chicago-based health care real estate company Remedy Medical Properties Inc.,

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Andrew is the editor of BizTimes Milwaukee. He joined BizTimes in 2003, serving as managing editor and real estate reporter for 11 years before being promoted to editor in 2015. An award-winning journalist, Weiland is a five-time winner in the Milwaukee Press Club Excellence in Journalism Awards contest and a three-time winner in the Alliance of Area Business Publishers (AABP) Awards contest. He is also a regular guest on WISN-TV Channel 12's 4 p.m. newscast to discuss the week's most significant business news stories.
An affiliate of Milwaukee-based commercial real estate development firm Irgens has sold the medical office building that it built in Brookfield for Waukesha-based ProHealth Care, according to state records. Irgens sold the 50,000-square-foot ProHealth Medical Group Clinic building for $24.45 million to an affiliate of Chicago-based health care real estate company Remedy Medical Properties Inc., which says it is the largest owner of health care properties in the nation. The building is located at 195 Discovery Drive within The Corridor, the 66-acre mixed-use development by Irgens, located northwest of I-94 and Calhoun Road in Brookfield. ProHealth Care leases the building for outpatient care services, including primary care, imaging, physical therapy and other specialty outpatient medical uses, according to Irgens. The building has an assessed value of $13.4 million, according to Waukesha County records.
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