The JRA Insider – November Edition
As the healthcare real estate market evolves, having access to the right opportunities—and the right guidance—has never been more essential. At Joseph Rossi & Associates, Inc. (JRA), our deep understanding of healthcare real estate allows us to help professionals navigate changing inventory, identify strategic locations, and position their practices for growth.
In this month’s issue, we’re sharing highlights from recent lease signings, grand openings, and practice transitions, as well as featured listings and industry news shaping the healthcare real estate landscape.
Deal Highlights
Lease Signings
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A first-time dental practice owner leased 2,944 SF at Washington Corners, 47 E. Chicago Ave, Naperville, IL. Tenant represented by Dominic Rossi III of JRA. Landlord represented by Brent Jacob of Colliers International.
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Dr. Alexis Youn of Avenue Dental Chicago renewed her lease at 1838 W. Chicago Ave, securing a long-term agreement with favorable terms. Tenant represented by Dominic Rossi III and Eric Paik of JRA.
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Strategic Project Management renewed its lease at 800 Enterprise Drive, Oak Brook, IL. Landlord represented by Eric Paik of JRA. Tenant represented by Steve Rasiarmos of Bespoke Commercial.
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Dr. Salman Rehman of Pure Medical Group leased 1,648 SF at 800 Enterprise Drive, Oak Brook, IL. Eric Paik of JRA represented both tenant and landlord.
Grand Openings
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Dental Eclipse (Drs. Farah Khatoon & Mohammed Murtuza Ahmed) celebrated their grand opening at 272 S. Randall Rd, Algonquin, IL. Tenant represented by JRA.
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Forest Bluff Optometry (Dr. Diana Yin) celebrated their grand opening at 207 N. Waukegan Rd, Lake Bluff, IL. Tenant represented by JRA.
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River Village Dental (Dr. Chris Parks) opened their new location at 901 N. Larrabee, Chicago, IL. Tenant represented by Dominic Rossi III of JRA.
Practice Sales
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Dr. Abbas Haseeb of Northlake Dental Clinic successfully transitioned his practice to Dr. Hussain Alakam of Cosmo Dental. Transaction brokered by Essam (Sam) Tamimi of JRA.
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Dr. Mark Klein of Village Dental transitioned his practice to Dr. Jacob Philip of 32 Village Dental, LLC. Transaction brokered by Dave Grammas of JRA.
Real Estate Sales
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Kids & Adult Dental Care purchased 3,745 SF at 7001 S. Madison Ave, Indianapolis, IN. Buyer represented by Michael Wood of JRA.
Featured Listings
🏢 Property of the Month
10120 Calumet Ave | Munster, IN 46321
Fully renovated, turn-key dental office featuring 5 operatories, 3 consultation rooms, 2 treatment rooms, and modern finishes throughout. Includes equipment, furnishings, and ample parking in a thriving medical corridor.
🦷 Practice of the Month
General Dentistry Practice – Bucktown / Logan Square
Collecting ~$620K annually on a PPO and FFS model, with six operatories (five fully equipped) and room for expansion. Open 2.5 days/week—ideal for growth-minded buyers.
Contact Shera Vittorio for more information: [email protected]
Event News
🎉 The “Lease to Launch” event brought together future practice owners and industry experts for an evening of insight and connection.
Special thanks to our sponsors — ACOA, Bank of America, A-dec, Todd Erdmann Law, and Landmark Insurance — for helping make the event possible.
Industry News
🦷 Henry Schein One and AWS Collaborate to Transform Global Dentistry with Generative AI
This partnership aims to redefine patient care and clinical efficiency through cutting-edge AI technology.
Momentum in Motion
In a market that rewards preparation and foresight, the most successful practices are those built on strong foundations. At JRA, we’re proud to help healthcare professionals make informed, strategic real estate decisions that lead to long-term success.
Practice Growth Starts Here
Put our expertise in real estate, practice brokerage, and valuations to work for you.
📧 [email protected] | 📞 630-353-1190
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