Franciscan Health Acquires Vacant Hospital
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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowMishawaka-based Franciscan Health Inc. has acquired a vacant hospital in Hobart. Financial terms of the deal for the former Hind General Hospital were not disclosed and the health system did not immediately release plans for the property.
The hospital sits on 17 acres and includes a one-story, 35,000-square-foot building that was originally constructed in 1989 as a mental health facility known as Charter Hospital. It was changed to Hind General Hospital in 2004 and served as an acute care surgical center.
The property has been vacant since 2014.
"We had a great deal of interest from groups across the country," said Michael Siwietz of Illinois-based real estate firm McColly Bennett Commercial, which helped facilitate the deal. "Franciscan is a regional health provider with a strong track record of community service and reinvestment that made them an attractive buyer. They will be great addition to the medical community in Hobart."
Franciscan Health operates 14 hospitals throughout the state including nearby facilities in Dyer, Munster and Crown Point.