A Chicago real estate investment firm paid $44.5 million on Wednesday to acquire a 17.87-acre medical office property in the Southtowns from an affiliate of Orchard Park developer Krog Corp. MBRE Healthcare, through Orchard Park 5959 Medical Properties LLC, bought the 116,000-square-foot single-story building at 5959 Big Tree Road in Orchard Park from Quaker 20A Realty LLC, according to records filed with the Erie County Clerk’s Office. Tenants include UB Neurosurgery, UB Orthopaedics, General Physician PC, Kaleida Health’s Southtowns Surgery Center and Laboratory Patient Service Center, Great Lakes Cardiovascular, Great Lakes Medical Imaging, Chestnut Ridge Family Medical Care and an ambulatory surgery center.
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Source: https://buffalonews.com/2020/02/12/milstein-owned-chicago-firm-spends-nearly-45-million-for-op-medical-office-facility