AXSYS Capital, a medical property investment firm based in Libertyville, has successfully closed its first fund, AXSYS Capital Fund I. This fund will focus on acquiring high-quality medical office buildings (MOBs) across the Midwest region within the next year. The targeted states include Illinois, Missouri, Ohio and Wisconsin.
According to David Meggs, Co-Founder & CEO of AXSYS Capital: “The initial closing of our first fund enhances our capabilities and highlights our commitment to identifying and capitalizing on recession-proof assets with stable tenants from the medical and professional services industries for long-term investments.”
In 2023 alone, AXSYS Capital Fund I has already acquired three properties in the Midwest area. These properties feature a mix of reputable tenants with long-term leases in place from both medical and professional fields. To date, AXSYS Capital has successfully completed over 25 transformative commercial projects across various mixed-use properties throughout the Midwest region totaling more than $74 million.
The article titled “AXYSYX Closes First MOB-Focused Fund Targeting Midwestern Market” was originally published by Connect CRE.
