Titan Commercial Closes Net-Leased Medical Investment Property in Chicago

CHICAGO – February 3, 2012 – Titan Commercial, Chicago's leading commercial real estate brokerage firm, announces today the completion of a net-leased medical investment sale at 825 W 35th Street in the southwest side of Chicago. Principal Broker Ben Rosenfield represented Rockford 550 LLC as the seller in the transaction.

The 13,980 square foot building was sold at the $2,283,400 asking price to a Georgia Tsoutsos, represented by Coldwell Banker. Titan procured a full priced offer that sold within 90 days from when Rosenfield began representing the property. The deal was closed on February 1, making it the third successful sale for Titan out of a portfolio of six medical properties.

Tenant Fresenius Medical Care (FMC) has a lease duration that extends until 2023, giving it 11 years remaining in its initial term. FMC is the world's leading company devoted to patient-oriented renal therapy. Through more than 2,700 clinics in North America, Europe, Latin America, Asia-Pacific and Africa, they provide kidney dialysis treatments to approximately 210,000 patients worldwide.

Founded in 2007, Titan Commercial is a commercial real estate brokerage firm whose mission is to improve the lives beyond those involved in the negotiation. Specializing in the acquisition, disposition and leasing of commercial real estate properties, this full service firm has completed over $400 million in transactions and is active in representing landlords, tenants, sellers, purchasers and investors nationwide. For more information, call 312.373.7100.