Kruse GWS Auctions makes history with ground-breaking auction business in Dubai; first international base in over 100 Years

Brigitte Kruse

 United Arab Emirates, Dubai –– Kruse GWS Auctions, a world-record-breaking auction house and leading innovator in the industry has announced the launch of Kruse GWS Auctions in Dubai, UAE.

 After 5 years of careful planning and development, Kruse GWS Auctions will bring the company’s exceptional service to the vibrant, ever-evolving market of Dubai beginning with the first luxury goods and entertainment memorabilia auction in the fourth of 2023.

Kruse GWS Auctions will also be the first auction house to auction positions to purchase real estate at auction due to the overwhelming demand for properties in Dubai.

This is also the first time the generational auction house has opened in a foreign country in over 100 years.

“We are excited to bring Kruse GWS Auctions to Dubai. Our commitment to excellence and investment in new technologies is part of the reason we chose Dubai to further our global expansion including establishing relationships with builders such as Emar & Damac Properties," said Brigitte Kruse, Founder & Lead Auctioneer, Kruse GWS Auctions.

 

Dubai skyline

 "We truly look forward to becoming a valuable asset to all of the great developers in the region and continuing to serve Royal Families in the region as well.

"We take great pride in catering to consumers wherever they may be and our launch in Dubai will only further our commitment to the UAE community. We are looking forward to serving the UAE.”

Contact:

Caroline Galloway

440-591-3807

caroline@m2mpr.com

 

 

 

 

Loyola Medicine Burr Ridge outpatient medical center trades for $60 million in suburban Chicago

  

Mindy Berman

 BOSTON, MA –  JLL Capital Markets has arranged the $59.95 million sale of Loyola Medicine Burr Ridge, an outpatient health center totaling 104,912 square feet in Burr Ridge, Illinois.

 

Sam DiFrancesca

JLL represented the seller, Healthcare Realty Trust, and procured the buyer, Sila Realty Trust.

The JLL Capital Markets Investment Sales and Advisory team was led by Senior Managing Director Mindy Berman, Senior Directors Sam DiFrancesca and Pat Shields and Analyst Matt Sykes.

“Real estate investors have keen interest in outpatient medical properties with major healthcare providers that offer advanced specialty care to patients close to their homes,” says Berman. “Loyola’s sizeable investment in infrastructure at this location means its tenancy should continue for a long time.”

Pat Shields

The three-story property was built in 2010 and is fully leased and occupied by Loyola University Medical Center. The Chicago academic medical center is an affiliate of the large national health system, Trinity Health, and is one of the most prominent and highly awarded health systems in Illinois.

Loyola Burr Ridge is Loyola’s largest ambulatory care location and is home to the most advanced specialties and services in orthopedics, cancer care, neurology, cardiology, dermatology and more with academic faculty physicians.

Burr Ridge is an affluent village situated just 20 miles southwest of downtown Chicago. The facility is highly visible and accessible at an interchange of Interstate 55 which provides easy access to downtown Chicago.

Matt Sykes

The property benefits from proximity to Loyola Medicine’s two largest hospitals including the flagship 547-bed Loyola University Medical Center and the 374-bed MacNeal hospital, both approximately eight miles from Burr Ridge.

For more news, videos and research resources, please visit JLL’s newsroom.

 

 Contact:

 

Alli Semans

PR, Hotels & Hospitality, Capital Markets

JLL
M +1 330 329 6750