JLL Capital Markets has successfully facilitated the sale of a 64-bed, 42,609-square-foot inpatient behavioral facility located in Greenwood, Indiana. The property was recently constructed in 2022 and offers general acute care psychiatric services for a medically complex patient population. It is currently leased under a long-term absolute net lease with favorable terms.
The seller, Medistar, worked with JLL to arrange acquisition financing for the buyer. The team at JLL Capital Markets was led by Senior Managing Director Mindy Berman along with Managing Director Brannan Knott and Director Vasili Davos.
According to Berman, there is high investor interest in behavioral health properties due to the growing demand for these services. She also noted that this particular asset’s strong performance and attractive lease terms make it an appealing investment opportunity within the healthcare sector.
This recent transaction showcases JLL’s expertise and success within the commercial real estate market as they continue to facilitate deals between buyers and sellers across various sectors.
