Carmel, IN

Value-Add Multi-Tenant Medical Office Building

11455 N. Meridian St. | Carmel, IN

  • Property Type

    Multi-Tenant Medical Office Building

  • Size

    33,174 Square Feet

  • Key Tenants

    Ascension St. Vincent, Turkle & Associates, Abrams Eye Care

  • Date Acquired

    November 2023


  • 33,174 SF stabilized multi-tenant medical office building anchored by Ascension St. Vincent's Infectious Disease practice. Ascension is one of the nation’s leading non-profit and Catholic health systems, with approximately 139,000 associates and 36,000 aligned providers and operates more than 2,600 sites of care – including 139 hospitals in 19 states.


  • Acquire a multi-tenant medical office property in the heart of the Meridian Medical Corridor in Carmel, IN. The Meridian Medial Corridor represents the highest concentration of healthcare systems and practice groups within the Indianapolis MSA. Area hospital facilities include IU Memorial North, Franciscan Ortho Hospital, St. Vincent Hospital - Carmel, Indiana Spine Group, Goodman Campbell Brain & Spine, and JWM Neuro, all within 2 miles of this location.
  • Create value through new lease-ups and extensions and sophisticated property/asset management.


  • Currently executing our business plan for the asset, including maintaining & improving the asset with several capital projects including upgrades to the building systems, roof, and exteriors.