{"id":1004297381,"date":"2019-02-11T02:13:40","date_gmt":"2019-02-11T10:13:40","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004297381"},"modified":"2021-05-10T02:08:11","modified_gmt":"2021-05-10T10:08:11","slug":"indianapolis-area-mob-changes-hands","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/indianapolis-area-mob-changes-hands\/","title":{"rendered":"Indianapolis-Area MOB Changes Hands"},"content":{"rendered":"<div id=\"attachment_1004297390\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/02\/2-e1549550962651.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004297390\" data-attachment-id=\"1004297390\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/indianapolis-area-mob-changes-hands\/2-10\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/02\/2-e1549550962651.jpg\" data-orig-size=\"865,649\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;Lucia Morosanu&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1549549010&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"679 E. Country Line Road\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;679 E. Country Line Road&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/02\/2-e1549550962651.jpg?w=865\" class=\"wp-image-1004297390 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/02\/2-e1549550962651.jpg\" alt=\"679 E. County Line Road\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/02\/2-e1549550962651.jpg 865w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/02\/2-e1549550962651.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/02\/2-e1549550962651.jpg?resize=768,576 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004297390\" class=\"wp-caption-text\">679 E. County Line Road<\/p><\/div>\n<p>Montecito Medical has acquired a two-tenant, 42,000-square-foot medical facility in Greenwood, Ind. The two-story asset was built-to-suit for Urology of Indiana and Integrated Cancer Care. The first tenant, which&nbsp;ranks as the 15<sup>th<\/sup>&nbsp;largest urology practice in the U.S., occupies 83 percent of the Class A building.&nbsp;<\/p>\n<p>Built in 2009 at 679 E. County Line Road, the facility is roughly 3 miles of the 462-bed Franciscan Health Indianapolis Hospital and less than 13 miles south of downtown Indianapolis. The property provides easy access to Interstate 65 as well as several shopping centers.<\/p>\n<p><em>\u201cThis asset offers very strong fundamentals, a history of 100 percent occupancy and tenants that are leaders in their market,\u201d<\/em> said Chris Conk, senior vice president for acquisition &amp; principal at Montecito Medical, in prepared remarks.<\/p>\n<p>The deal comes only four months after Montecito entered the Minnesota market by <a href=\"https:\/\/www.commercialsearch.com\/news\/montecito-medical-enters-minnesota-office-market\/\">acquiring a 31,775-square-foot medical office<\/a>&nbsp;building in Willmar.<\/p>\n<p><em>Image via Google Street View<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Montecito Medical expanded its portfolio with a Class A, 42,000-square-foot asset in Greenwood, Ind. Two health-care tenants fully occupy the two-story building.<\/p>\n","protected":false},"author":748,"featured_media":1004297390,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,1590,21754,13,21742],"tags":[35085],"class_list":["post-1004297381","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-indianapolis","category-medical-office","category-midwest","category-latest","tag-montecito-medical"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Indianapolis-Area MOB Changes Hands - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/indianapolis-area-mob-changes-hands\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Indianapolis-Area MOB Changes Hands\" \/>\n<meta property=\"og:description\" content=\"Montecito Medical expanded its portfolio with a Class A, 42,000-square-foot asset in Greenwood, Ind. 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