Cornerstone Cos. has acquired a three-acre parcel of land at 12174 N. Meridian St. in Carmel, Ind., according to media outlet reports.
Cornerstone plans to develop a three-story, 40,000-square-foot medical office building at the site, which sits along Carmel’s bustling medical corridor.
The project, known as Carmel Medical Arts Pavilion, will include four healthcare tenants. The property will feature covered physician parking and an outdoor terrace on the third floor.
