Startups, Expansions, & Transitions – September 2021
Transition – Downtown Dental Spa
Congratulations to Dr. Diane Heckley! Mike Wood and the JRA team were honored to help with the transition of Downtown Dental Spa! After practicing for 30 years and operating her successful practice in Bloomington, IN for 20 years, Dr. Heckley has transitioned Downtown Dental Spa to P1 Dental Partners.
P1 is a Dental Partnership Organization (DPO), comprised of an elite affiliated group of successful & established dental practices, from all corners of the State of Indiana. They are deeply committed to establishing a model that differentiates from the status quo, understanding the many intricacies of thee dental industry landscape.
Expansion – Palos Heights Family Dental
Congratulations to Dr. Umang Patel and Dr. Richard Facko on the purchase of a new building to expand their already flourishing dental practices!
Dr. Patel’s practice Palos Heights Family Dental offers complete, comprehensive dental care for the whole family. They strive to provide confident and healthy smiles with efficient care, so patients can get back to doing the things they love. They aim to go above and beyond for everyone who walks through their doors, so visiting Palos Heights can enhance your health in more ways than one.
From Dr. Patel: “Pete sourced a building for us and made the transaction as simple as it could be. The property needed some much needed love and was able to secure a decent credit for all the work needed. His expertise saved us time and money.”
Dr. Facko’s practice Palos Pediatric Dentistry caters to children of all ages. They begin seeing children as infants, around the time of their first tooth eruption, allowing them to create a foundation for dental care right from the beginning. Dr. Richard Facko has years of experience serving families of all ages. His gentle and compassionate manner, coupled with his expertise and training, allows him to discuss dental matters with children in a way they trust and understand.
From Dr. Facko: “I was considering expanding in a landlocked area with low inventory. Pete found a building that suited our needs and had the vision to see a ‘diamond in the rough.’ I’m so excited to bring this vision to life during our build-out phase in the coming months. Pete has been responsive and helpful each step of the way.”
Startup – That Face
Congratulations to Dr. Tara Sulyman for finalizing the lease agreement for her new Lincoln Park cosmetic surgery office, That Face. Dr. Sulyman believes deeply in her motto: “Everyone Deserves to Feel Beautiful.” Her approach to facial plastic surgery and non-surgical treatments is to enhance the beauty of her patients’ natural features by creating balance and harmony. She is one of the few African American female plastic surgeons practicing in the USA, and her mastery of the art exemplifies the new generation of plastic surgeons. Thanks for trusting in JRA with your practice goals!
From Dr. Sulyman: “I was extremely lucky to have been referred to JRA. I am absolutely impressed by their professionalism, compassion, responsiveness, honesty and drive to ensure that I found the perfect space for my new practice and got the most favorable deal. Joseph and Sam are best and I fully trust their opinions. I will certainly use them for all my future needs and will certainly refer them to everyone. Thank you for a wonderful experience!”
Sale – 3545 Lake Ave, Wilmette, IL
JRA is pleased to announce the $1,850,000 sale of a 12,000 square foot Medical Office Building located at 3545 Lake Avenue in Wilmette, IL. JRA was able to assist a long-time client in the disposition of an underperforming asset by identifying three prospective buyers for the property. This enabled JRA to help the seller reduce due diligence time and get the best price possible for the building.