The CBRE U.S. Healthcare Capital Markets Group acted as the exclusive advisor for the sale of the Indiana Orthopaedic Hospital and MOB in Indianapolis, Indiana.
- Sale Date: June 30, 2015
- Building Size: 176,000 SF
- Years Built: 1997 & 2005
- Occupancy: 100%
The CBRE U.S. Healthcare Capital Markets Group is pleased to announce the sale of the Indiana Orthopaedic Hospital and MOB. Lee Asher and Chris Bodnar of CBRE’s U.S. Healthcare Capital Markets Group and Dan Richardson of CBRE’s Indianapolis Investment Properties Team represented the seller.
Located in Northwest Indianapolis in the affluent suburb of Pike Township, the Property consists of two attached buildings totaling 176,000 leased to OrthoIndy, one of the most respected orthopaedic practices in the country, for both inpatient and outpatient services. The inpatient building totals 118,000 square feet while the outpatient medical office building totals 58,000 square feet, both 100% absolute net leased to OrthoIndy.
With over 70 physicians providing care to central Indiana residents, OrthoIndy provides leading-edge bone, joint, spine, and musculoskeletal care, including complex surgical procedures for total joints (hip and knee) and spinal operations. The OrthoIndy Hospital is Indiana’s first specialty hospital with a direct focus on orthopaedic care.
For more information on this sale, or if we can help with your healthcare real estate holdings, please contact us:
Healthcare Capital Markets Group
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