The University of Chicago Hospitals
Square Feet: 62,399 Lease Expiration: 06/2011
The University of Chicago Hospitals and Health System (“UCHHS”) is the primary affiliate of the University of Chicago Pritzker School of Medicine, one of the nation’s premier medical schools.
Founded in 1927, the University of Chicago Medical Center (“UCMC”) offers a full range of specialty and primary care services for adults and children in the areas of cancer, endoctrinology, gastroenterology, geriactrics, heart disease, kidney disease, neurosciences, orthopaedics, respiratory disease, surgery, transplanation and women’s services. UCHHS established its office at the Darien Business Center as part of its long term strategy to manage healthcare information and costs. Revenues for patient care at UCMC in 2006 were more than $869 million.
In addition, UCMC is one of the largest providers of uncompensated care in Illinois and provides millions of dollars in unreimbursed care every year.
Viskase Companies, Inc.
Square Feet: 21,050 or the property
Viskase manufactures such food packaging products as cellulosic casings, heat shrinkable plastic bags and specialty films which are used in packaging of processed meat and meat products around the world.
Cellulosic casings are used in the production of processed meat and poultry products such as hot dogs, salami and other products Viskase has operated for more than 80 years as one of the meat industry’s top choices for products, meat formulation, processing and packaging solutions and has more than 1,300 employees. Viskase recently relocated its corporate headquarters to the property.
Option to terminate on or before the last day of the 48th full calendar month (April 2010) with an effective date of April 30, 2011 with payment of a $682,769 termination penalty.