HSA PrimeCare, the national health care real estate division of HSA Commercial Real Estate, announced today that the firm has completed the sale of the North Meridian Medical Center at 10601 North Meridian Street in Indianapolis, Ind. The 23,000-square-foot facility, located at the intersection of 106th Street and Meridian Street at the gateway of the North Meridian Medical Corridor, was purchased by Carmel Medical Office Building LLC, an affiliate of Multi-Specialty Surgery Center. The surgery center affiliate is a tenant of the building seeking to expand its current practice.
Built in 1981 and remodeled in 1993, North Meridian Medical Center is a two-story, off-campus medical office building located approximately twelve miles north of Indianapolis’ central business district. The property is less than one mile south of the 170-bed Indiana University Health North Hospital. The North Meridian Medical Center is also adjacent to the St. Vincent’s Heart Center of Indiana and is less than three miles north of the 776-bed St. Vincent Indianapolis Hospital, which is St. Vincent Health’s flagship facility.
Robert Titzer, executive vice president with HSA PrimeCare, represented the seller in the transaction.