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Clarian nabs UAC building: hospital network wins bid for former corporate headquarters.

Publication: Indianapolis Business Journal
Publication Date: 05-DEC-05 		Format: Online
Delivery: Immediate Online Access
Full Article Title: Clarian nabs UAC building: hospital network wins bid for former corporate headquarters.(Union Acceptance Corp)

Article Excerpt
Clarian Health Partners is polishing a deal to buy the former Union Acceptance Corp. headquarters on North Shadeland Avenue, a move that plants a large footprint for the burgeoning hospital network squarely in a competitor's east-side back yard.

Clarian made the winning bid for the 126,000-square-foot building at a Nov. 15 auction, but the sale had not closed as of Nov. 30, said Bob Getts of Colliers Turley Martin Tucker, which ran the auction. He referred all questions to Clarian.

Scott Rigney, the network's corporate real estate director, declined to discuss the price or Clarian's intentions. The building is less than two miles from Community Hospital East.

"We only buy property when we have a definitive need for it," he said. "Sometimes it's immediate and sometimes it's for something in the works."

The sprawling, two-story building sits on a 15-acre site that includes a...

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