Indianapolis medical office building acquired under partnership

Indianapolis-based Shore Terrace Medical Center’s medical office building was acquired under a partnership between Indianapolis-based Urban Growth Capital, BrightPoint Real Estate and Chicago-based North Companies.

Advertisement

The Class A medical office building is 42,627 square feet, according to a Nov. 29 news release from Urban Growth Capital. The acquisition is the first collaboration between the firms.

Shore Terrace Medical Center had extensive updates in 2016 and offers family practice, specialty care, imaging and outpatient surgery.

Advertisement

Next Up in ASC Transactions & Valuation Issues

  • Becker’s reported on 39 hospital mergers and acquisitions in 2025, ranging from rural hospital partnerships to massive, multi-state system expansions. …

  • Brewer, Maine-based Northern Light Health will close its primary care practice in Castine on Feb. 27, citing staffing challenges, declining…

  • The dynamics shaping mergers and acquisitions within the ASC space are constantly shifting as corporate entities push consolidation efforts and…

Advertisement

Comments are closed.