JRA INSIDER - MARCH EDITION - JRA Healthcare | Real Estate & Practice Advisory Newsletter

📰 JRA Insider | March Edition

As the healthcare real estate market gains momentum this spring, timing and strategy are more critical than ever. Inventory is moving, opportunities are evolving, and providers who act decisively are positioning themselves for long-term success.

At JRA we help dental and healthcare professionals navigate these shifts—identifying opportunities, securing ideal locations, and building strategies for sustainable growth.

📊 Recent Deal Highlights

🏢 Lease Transactions

A first-time dental practice owner leased 2,052 SF in Bolingbrook, IL, entering the market with a strong foundation.
Dr. Brian Ross secured 3,900 SF in Lake Forest, IL, expanding into a high-demand healthcare corridor.

🎉 Grand Opening

Different Dental, led by Dr. Stephen Martin, officially opened in Woodridge, IL—highlighting continued suburban growth.

🤝 Practice Transitions

Dr. Jerry Bock transitioned his practice to Dr. Alexander Reznikov, ensuring continuity and future growth.
Dr. William Becker completed a successful transition to Dental Club Hoffman Estates.

🏬 Real Estate Acquisition

Dr. Alexander Reznikov purchased 2,402 SF in Chicago, reinforcing the long-term value of ownership.

🔄 Lease Renewal

A 10-year lease extension was secured for The Heights Dental Gallery in Arlington Heights—optimizing long-term stability and cost structure.

📍 Featured Property: Medical Office Space in Des Plaines

9301 Golf Road | Des Plaines, IL

Position your practice near one of the region’s top healthcare hubs—just minutes from Advocate Lutheran General Hospital.

Key Features:

Newly renovated medical suites and common areas
Upgraded parking and exterior lighting
Excellent access to major highways and public transportation
Ideal for medical, dental, and professional users

👉 View Property Listing
👉 Browse All JRA Real Estate Listings

🦷 Practice of the Month: Tinley Park Opportunity

This established general dentistry practice offers strong fundamentals with clear upside:

$620,000 annual collections
PPO & Fee-for-Service model
6 operatories (5 fully equipped)
Open just 2.5 days per week
Prime retail location with high visibility

Growth Potential:

Expand hours and services
Capture currently referred-out procedures
Increase revenue without relocation

👉 View Practice Listing
👉 Browse All Practice Listings

📩 Contact William Park: [email protected]

🤝 Events

We’re proud to stay actively involved in the dental community. A recent highlight includes a strong turnout at the CDS North Side Branch Meeting, where industry professionals connected, shared insights, and strengthened relationships.

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