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Seavest engages RFP Commercial to lease space in Milwaukee-area MOBs

WHITE PLAINS, N.Y., and MILWAUKEE, Wis., Dec. 2, 2009 - Physicians who need modern, conveniently located medical office space in the Milwaukee area have a new resource. Two of the newest and most prominent medical office buildings (MOBs) in the region are now represented by a leading local broker.

RFP Commercial Inc. has been ed to spearhead the leasing of The Water Tower Medical Commons and Seton Professional Building. Both MOBs are convenient to campuses of hospitals operated by Columbia St. Mary's, which is sponsored by Ascension Health and Columbia Health System Inc., and are anchored by Columbia St. Mary's physician practices and other services. Both buildings are owned by the White Plains, N.Y.-based investment firm Seavest Inc. and are managed by the local office of Lillibridge, a Chicago-based healthcare real estate company.

"Both of these buildings offer new, state-of-the-art medical office space that would be an as to any successful physician practice," says Robert E. Flood Jr., a Founding Partner of RFP Commercial. "They also offer unbea physician and patient convenience in terms of location, access and parking. RFP is delighted to have been ed to introduce area physicians to these exciting new properties."

"Bob Flood and RFP Commercial have an excellent track record when it comes to finding the right fit between physicians and medical office space," says Douglas F. Ray, President of Seavest Inc. "Their in-depth understanding of the local office market will ensure that the remaining suites in these buildings will be filled with a mix of tenants that will compliment those already in place."

In addition to Mr. Flood, the buildings will be represented by James "Jim" Cavanaugh, a Broker with RFP.

The Water Tower Medical Commons is a six-story, 162,000 square foot MOB located at 2350 N. Lake Dr., directly across the street the Columbia St. Mary's Hospital Milwaukee urban lakefront campus. The MOB, which offers views overlooking Lake Michigan, is anchored by the 28,000 square foot Columbia St. Mary's Cancer Center. It also houses a range of specialty physician practices including oncology, gastrointestinal, cardiovascular, endocrinology and OB/GYN. It is physically attached to an adjacent parking structure and the main hospital, via an underground tunnel.

Seton Professional Building is a three-story, 76,600 square foot medical facility located at 13111 N. Port Washington Rd. on the Columbia St. Mary's Hospital Ozaukee suburban campus in Mequon, Wis. The building is anchored by Columbia St. Mary's and physician groups that are owned by the system. The MOB is physically linked to the hospital on every floor, and offers abundant, free surface parking.

For information on leasing space in these properties, please contact Bob Flood at 414-224-1058 or bflood@rfpcommercial.com, or Jim Cavanaugh at 414-224-9112 or jcavanaugh@rfpcommercial.com.

ABOUT RFP COMMERCIAL INC.
Founded in 2002, RFP is one of the fastest-growing, most active commercial real estate services firms in Wisconsin. Our impressive street-proven reputation and credibility in Milwaukee is complemented by an ever-growing regional and national reach of transactions and network business partners. With three of Milwaukee's most successful, experienced and respected brokers as the founding partners (Scott Revolinski, Bob Flood and Ned Purtell), RFP provides clients with unsurpassed service and  the best local market knowledge possible. Focused on office, retail, industrial and investment transactions, as well as consulting and tenant representation, RFP prides itself on delivering creative real estate solutions on a local, regional and national basis to its clients.