
Outlook Hamilton
12975 Harrell Parkway, Noblesville, IN, 46060, US
JLL is pleased to offer for sale the fee simple ownership interest in the 64-bed Medical Behavioral Hospital of Indianapolis (the “Property”) located in the Indianapolis metro area town of Greenwood, Indiana. Comprising 42,000 square feet and newly constructed in 2022, the Property is a general acute care psychiatric hospital operated by NeuroPsychiatric Hospitals (“NPH”), an established operator with nine hospital locations providing some of the most novel, innovative and comprehensive approaches to complex behavioral medical care. Opened as a strategic expansion to help with a backlog of patients at its existing Indiana campuses, the facility serves to broaden NPH’s service area further into Southern Indiana, Kentucky, and Ohio. Since opening in July 2022, the Property has ramped up operations quickly and is now needing to add a wing to meet the increased bed needs.
NPH has a lease amendment in execution form that will expand the facility by 7,475 square feet and 24 beds.