October 26, 2022
OrthoIndy Opens New MOB in Westfield
Congratulations OrthoIndy on the opening of your newest MOB in Westfield!Encompassing more than 15,000 SF, this state-of-the-art outpatient orthopedic clinic also offers physical therapy and expanded imaging options – including MRI. The stunning design of the physical therapy gym features high ceilings... Read more »
October 06, 2022
Cornerstone named to IBJ's Largest Indianapolis-Area Commercial Real Estate Brokerages
We are excited to share that our Brokerage team has once again been named one of the Largest Indianapolis-area Commercial Real Estate Brokerages by the Indianapolis Business Journal. Cornerstone has been named to this prestigious list for more than... Read more »
September 27, 2022
Cornerstone Hires Executive Vice President, Development
Cornerstone Companies, Inc. is excited to announce that Julia Ehret has joined the Indianapolis-based healthcare real estate firm as Executive Vice President, Development. In this new role, Ehret will focus on leading and driving the growth of Cornerstone’s development... Read more »
July 26, 2022
Cornerstone Donates Backpacks and Supplies for Tindley Scholars
Giving back to our community is engrained in our culture and something that all of our team members are passionate about. We hold our fundamental beliefs and principals as core values that guide us and shape our interaction with our... Read more »
July 06, 2022
For Employees: Healthcare Bluebook
Healthcare Bluebook is a FREE benefit, so you can shop for medical procedures at in-network facilities in your area to find the best price. Click the link below so you can find hundreds to thousands of dollars in savings with... Read more »
May 18, 2022
Cornerstone named to IBJ's Largest Indianapolis-Area Commercial Property Management Firms
We are excited to share that our Property and Facility Management team has once again been named one of the Largest Indianapolis-area Commercial Property Management Firms by the Indianapolis Business Journal. Cornerstone has been named to this prestigious list... Read more »
April 27, 2022
Megan Drummond named one of Indy's Most Pivotal Leaders for 2022!
Congratulations on being named one of Indy’s Most Pivotal Leaders for 2022, Megan Drummond, CPM! You are a very valued leader at Cornerstone and you truly embody our Core Values – Caring, Creative, Character. You are passionate about helping clients,... Read more »
April 14, 2022
Check out our MOB Space Planning Calculator
We wanted to create an easy, online tool to calculate the amount of space a healthcare practice would need, depending on various factors. Click here to access our MOB Space Planning Calculator. Helping clients find the right space is... Read more »
March 14, 2022
Midwest Real Estate News Recognizes Cornerstone as one of Region's Top Property Management Firms
We are pleased to share that our Property and Facility Management team has again been named one of the Top Property Management firms in the Region by Midwest Real Estate News! Each year Midwest Real Estate News releases it’s Best of the... Read more »
February 17, 2022
PROJECT UPDATE | Avon Marketplace
Things are coming along with the interior at Avon Marketplace, as we get closer to turning the spaces over to tenants. The exterior will undergo a face lift as spring approaches and landscaping can be installed with a final top... Read more »
January 25, 2022
OrthoIndy South Expansion Wins National Award
After completing a 17,250 SF in-patient unit expansion at OrthoIndy South we submitted the project for consideration for the HREI Insights Awards. We were thrilled to find out the project won its category – Best Renovated Healthcare Facility! The HREI Insights Awards... Read more »
December 08, 2021
Cornerstone 2021 Annual Core Values Awards Announced
35 years ago Bob Whitacre founded what is now one of the largest, fully-integrated healthcare real estate firms in the country, Cornerstone Companies, Inc. At Cornerstone, We hold our fundamental beliefs and principles as core values that guide us... Read more »
December 06, 2021
Tag Birge Featured on CEO Panel at BOMA's MOB Conference
Taggart Birge, Cornerstone’s President and CEO, was recently featured on a CEO panel at BOMA’s MOB conference. During the panel, “a trio of CEOs at well-known HRE firms discussed the impact that all of the new capital is having on... Read more »
November 16, 2021
Cornerstone Team Members Honored at IREM Indy's Annual Dinner
We would like to congratulate a few of our Property Management team members on recently being recognized at IREM Indy’s Annual Dinner. Allison Fry, CPM, Chanelle Mitchell, CPM and Leah Fantin, CPM were installed with their CPM designation. The Certified Property Manager (CPM)... Read more »
October 19, 2021
Cornerstone named to IBJ's Book of Lists for Brokerage and Property Management
We are excited to share that Cornerstone has again been named to the Indianapolis Business Journal’s list of Largest Indianapolis-Area Commercial Real Estate Brokerages and Commercial Property Management Firms. Cornerstone has been featured on these prestigious lists for more than five consecutive... Read more »
September 15, 2021
Cornerstone Companies, Inc. and KKR Establish Joint Venture to Invest in Healthcare Real Estate
NEW YORK & INDIANAPOLIS, IN – September 15, 2021 – KKR, a leading global investment firm, and Cornerstone Companies, Inc. (“Cornerstone”), a full-service healthcare real estate investment, development and management firm, today announced that Cornerstone and KKR have entered into... Read more »
August 24, 2021
Construction Team Implements Senior Living Unit Upgrades Program
Our Construction Team has been busy implementing our Senior Living Unit Upgrades Program for several clients. The goal of the program is to boost ROI while helping our clients stay competitive in their respective Senior Living Markets. We offer... Read more »
July 28, 2021
Cornerstone Companies MOB Fund VI Acquires 12 Medical Properties in Nine States for $48.7 Million
Cornerstone Companies, Inc. has closed on its sixth medical office building portfolio; acquiring 12 healthcare real estate properties in nine states totaling more than 155,000 square feet. The properties have been acquired by Cornerstone Fund VI for $48.7 million by... Read more »
June 10, 2021
Comprehensive Real Estate Solutions Close to Home
Over the past 35 years, Cornerstone has created comprehensive real estate solutions for our rural health clients. As a long-term strategic partner, Cornerstone uses our proprietary analysis software to deliver ongoing, data-driven input to help our clients make future-focused decisions.... Read more »
June 06, 2021
Cornerstone Hires Director in South
Cornerstone Companies, Inc. (Cornerstone) is pleased to announce that Mark Wright has joined the Indianapolis-based healthcare real estate firm as a Director. In this new role, Wright, who is based in Nashville, Tennessee, will focus on expanding Cornerstone’s presence... Read more »
June 01, 2021
Cornerstone Garden Dedication at IU Health's Joe & Shelly Schwarz Cancer Center
Giving back to our community has always been an essential part of our culture at Cornerstone. Last year we shared that we were making a donation to IU Health’s Joe & Shelly Schwarz Cancer Center to create the Cornerstone Garden.... Read more »
May 24, 2021
2020 Annual Core Values Awards
35 years ago Bob Whitacre founded what is now one of the largest, fully-integrated healthcare real estate firms in the country, Cornerstone Companies, Inc. At Cornerstone, We hold our fundamental beliefs and principles as core values that guide us and shape... Read more »
May 13, 2021
Serving Alongside Dental and Physician Groups Nationwide
Over the past 35+ years, Cornerstone has provided strategic advisory services to some of the Nation’s leading, independent dental and physician groups. As a long-term strategic partner, Cornerstone uses our proprietary analysis software to deliver ongoing, data-driven input to help... Read more »
April 20, 2021
Cornerstone's Ted Baker Selected as one of Indy's Most Pivotal Leaders!
Please join us in congratulating our very own Ted Baker on being named one of Indy’s Most Pivotal Leaders for 2021! Ted is a very valued leader at Cornerstone and truly embodies our Core Values – Caring, Creative, Character. He... Read more »
March 23, 2021
Cornerstone Hires Regional Partner in South
Cornerstone Companies, Inc. (Cornerstone) is pleased to announce that William (Bill) Taylor has joined the Indianapolis-based healthcare real estate firm as Regional Partner. In this new role, Bill, who is based in Houston, will work to expand Cornerstone’s... Read more »
January 04, 2021
Cornerstone Developing New, State-of-the-Art Facility in Avon, IN
Cornerstone Companies, Inc. (Cornerstone) recently began the development and construction of a 24,000 SF, multi-tenant medical office building in Avon, Indiana. Avon is five miles west of Indianapolis in Hendricks County, one of the fastest growing counties in the state.... Read more »
November 10, 2020
Cornerstone Development Project Named Finalist for HREI Insights Awards
A recent Cornerstone Companies Inc. (Cornerstone) development has once again been named a finalist in Healthcare Real Estate Insights magazine’s annual awards program, which recognizes excellence in healthcare real estate. Cornerstone’s Urology of Indiana project, located at MedTech Park... Read more »
October 22, 2020
Midwest Real Estate News Recognizes Cornerstone as one of Region's Top Property Management Firms
We are pleased to share that our Property and Facility Management team has again been named one of the Top Property Management firms in the Region by Midwest Real Estate News! Each year Midwest Real Estate News releases it’s... Read more »
October 14, 2020
COVID-19: Adapting to the New Reality
COVID-19 has impacted nearly every aspect of healthcare real estate. Two areas that we believe will continue to be impacted for the long-term are property and facility management and lease optimization. Property and Facility Management When it comes... Read more »
October 01, 2020
Cornerstone Team Members Recognized at DOC's 2020 Management Summit
Our team always looks forward to the DOC Summit, and while this year’s event was a little different being virtual, it was still a great way to connect with colleges thanks to DOC’s efforts! We are very proud to... Read more »
September 01, 2020
Cornerstone named one of the Largest Indianapolis-Area Commercial Property Management Firms by the IBJ
Cornerstone Companies Inc. has again been named to the Indianapolis Business Journal’s list of Largest Indianapolis-Area Commercial Property Management Firms. Cornerstone’s property management team has been featured on this prestigious list for more than five consecutive years. The team,... Read more »
July 02, 2020
Cornerstone Companies, Inc. MOB Fund V Spends $59.9 Million to Acquire 9 Medical Properties in Six States
Cornerstone has acquired 9 healthcare real estate properties in six states totaling more than 300,000 square feet. The properties were acquired for $59.9 million by Cornerstone MOB Fund V, a private equity fund focused solely on medical real estate.... Read more »
June 10, 2020
Cornerstone Companies, Inc. to develop 40,000 SF MOB in Carmel, Indiana
Cornerstone recently closed on a three-acre parcel of land at 12174 North Meridian Street in Carmel, Indiana. 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,... Read more »
June 04, 2020
Project Update: Shadeland Station – The Building Lift
In August of 2019, Cornerstone acquired a portfolio of buildings totaling 300,000 rsf located in Shadeland Office Park in Indianapolis, Indiana. One of the buildings had settled roughly 6 inches over its lifespan, presenting construction and leasing challenges. Over... Read more »
May 20, 2020
Cornerstone Develops New, State-of-the-Art Facility for Urology of Indiana
A brand-new, Urology of Indiana facility is now open to patients at MedTech Park in Fishers, IN. Cornerstone Companies, Inc. (Cornerstone) recently completed the development and construction of a 22,000 SF, cutting-edge medical office building for Urology of... Read more »
March 31, 2020
CARES Act Provides Financial Relief for Healthcare Providers
The Coronavirus Aid, Relief and Economic Security (CARES) Act, signed into law on March 27, 2020 authorizes unprecedented levels of funding to support the healthcare industry. With elective surgeries around the country shut, both hospitals and physicians have been financially... Read more »
March 25, 2020
Cornerstone Donates Masks and Meals Amidst COVID-19 Crisis
We would like to send out a huge thank you to our Healthcare Community – our physicians, nurses, first responders, and additional healthcare professionals – for their selfless sacrifices to help keep everyone safe and healthy during the coronavirus pandemic.... Read more »
January 06, 2020
Cornerstone Donation Funds Garden at IU Health's Joe & Shelly Schwarz Cancer Center
At Cornerstone, our Core Values – Caring, Creative and Character – guide and shape our interaction with our clients, as well as our community. These values are alive across our entire organization and embody our culture. We are pleased... Read more »
November 12, 2019
Cornerstone MOB Fund IV Acquires $23.9M Portfolio
INDIANAPOLIS – Cornerstone Companies, Inc. recently announced the purchase and development of six healthcare real estate properties totaling more than 87,000 sf in Indiana, Kentucky, Ohio and Tennessee for a total of $23.9 million. The properties were acquired by Cornerstone... Read more »
September 11, 2019
Cornerstone Named to Midwest Real Estate News Best of the Best List!
Midwest Real Estate News recently released a list of the region’s 75 Top Property Management Companies. Cornerstone Companies, Inc. (Cornerstone) came in at #56 on the list, managing approximately 5,000,000 square feet of medical space! Cornerstone has come a long... Read more »
August 07, 2019
Cornerstone Companies, Inc. Acquires $26.68M Portfolio
Cornerstone Companies, Inc. (Cornerstone) recently announced the purchase of 334,354 square feet of commercial office assets within Shadeland Station Office Park for more than $26 million. The portfolio is located on the Northeast side of Indianapolis. Cornerstone is a leading,... Read more »
August 05, 2019
Cornerstone Hires Regional Partner in Southeast
Cornerstone is pleased to announce that Andrew Lawler joined the firm as the newly appointed Southeast Regional Partner. In this new role, Lawler sources strategic healthcare real estate opportunities for Cornerstone’s Southeast portfolio. Based in Charlotte, NC, Lawler has more... Read more »
July 25, 2019
Cornerstone Develops New, State-of-the-Art Facility for Goodman Campbell Brain and Spine
A brand-new, Goodman Campbell Brain & Spine facility is now open to patients at Main St and N Illinois St in Carmel, IN. Cornerstone Companies, Inc. (Cornerstone) recently completed the development and construction of a 38,537 SF, cutting... Read more »
February 11, 2019
Cornerstone MOB Fund Acquires $18.6M Portfolio
Cornerstone Companies, Inc. recently announced the purchase of three healthcare real estate properties totaling more than 94,000 sf in Texas, Louisiana and Illinois for a total of $18.6 million. The properties were acquired by Cornerstone MOB Fund III, a... Read more »
January 08, 2019
Cornerstone develops state-of-the-art facility for Dawes Fretzin Dermatology
A brand-new, Dawes Fretzin Dermatology facility is now open to patients at 79th and Shadeland in Indianapolis. This impressive, two-story building serves as a clinic, research facility and Mohs surgery treatment center for a local and rapidly-growing dermatology... Read more »
December 03, 2018
New team member highlight: Matt Dills
Matt Dills recently joined Cornerstone as a Senior Property Manager. He oversees twelve medical office buildings in the Indianapolis area—managing day-to-day building operations and working with tenants to maximize each facility’s customer experience while delivering consistent financial returns to investors.... Read more »
July 18, 2018
New team member highlight: Ben Cohen
Ben Cohen is one of Cornerstone’s newest additions to the team, bringing with him a unique array of healthcare experience. Ben serves as Cornerstone’s tenant representation specialist, helping tenants work through the details of their lease negotiations so... Read more »
July 18, 2018
New team member highlight: Ted Baker
Ted Baker is Cornerstone’s Vice President of Development. Across the board, Ted is responsible for delivering the entire Cornerstone platform to help enable healthcare providers to maximize use of capital while navigating real estate transactions in a complex environment. ... Read more »
June 15, 2018
Cornerstone Companies closes MOB Fund II, acquires Crittenton Medical Plaza in Oxford, MI
Cornerstone Companies, Inc. announced this month that it has acquired the 19,123-square-foot Crittenton medical office building in Oxford, MI, for a total of $5.7 million. The property was purchased through the Cornerstone MOB Fund II, a private equity fund focused... Read more »
May 22, 2018
New Sports Medicine Facility Opens in Tipton, Indiana
Cornerstone Companies and Methodist Sports Medicine announce completion of new medical office building on the IU Tipton Hospital campus... Read more »
April 04, 2018
Goodman Campbell Brain & Spine facility underway in Carmel, IN
Cornerstone has been selected as the developer and general contractor for a medical office building set to open its doors in May 2019. The two-story, $17.6 million-dollar facility will be occupied by Goodman Campbell, a team specializing in... Read more »
February 23, 2018
Cornerstone and OSF Healthcare announce completion of new, ground-up development
A brand-new, OSF Healthcare facility is now open to patients in Godfrey, IL. Completed by Cornerstone in December 2017, the 13,126-square-foot medical office building includes clinic space and an urgent care center. This single-story, ground-up development is operated... Read more »
February 20, 2018
Megan Drummond, Senior Property Manager, recognized with CPM designation
Megan Drummond has served on Cornerstone’s property management team for over three years. On February 15, she was installed as a Certified Property Manager by the Institute of Real Estate Management (IREM). Certified Property Manager (CPM) is a... Read more »
February 07, 2018
Cornerstone starts 2018 with new business in Indiana and Ohio
Cornerstone rang in the new year on a good note—adding almost four football fields worth of medical office space to its national portfolio. In the first quarter of 2018, Cornerstone added 207,000 square feet of new property management... Read more »
January 23, 2018
Cornerstone teams up with Eye Surgeons of Indiana to develop innovative new facility
In 2018, Cornerstone looks forward to the completion of a joint development project with Eye Surgeons of Indiana—a brand-new medical office building at 92nd and Meridian in Indianapolis. This new $18-million-dollar, 50,000-square-foot facility will include a surgery center on... Read more »
December 22, 2017
Cornerstone employees become first annual Core Value Award winners
Three Cornerstone employees were presented with Robert N. Whitacre Core Value Awards and recognized for their outstanding service. At Cornerstone’s annual Christmas party, a handful of employees were celebrated for their examples of caring, creativity and character. This... Read more »
December 20, 2017
Outpatient Medical Office Building Report - 2017
2017 was a benchmark year for outpatient medical office buildings (MOBs), both in Indianapolis and around the country... Read more »
December 04, 2017
Employee Spotlight: Ivan Robinette
Director of Construction Ivan joins Cornerstone after 25 years of success in the construction industry. A motivated team player, Ivan has overseen projects worth over $17 million in a variety of market sectors. His experience will be a... Read more »
November 17, 2017
Lindsey Brown Receives CPM Designation from the Institute of Real Estate Management
Lindsey Brown, a member of the Cornerstone property management team, was installed as a Certified Property Manager on November 15th at the IREM Chapter 24 annual dinner. Certified Property Manager (CPM) is a real estate professional designation awarded... Read more »
November 02, 2017
Charles Yeo receives Broker of the Year award from Physicians Realty Trust
The first annual DOC Awards were presented this September at the Management Summit 2017 in Milwaukee. We’re proud to announce that Charles Yeo, a member of our Brokerage team, received the national award for Broker of the Year! ... Read more »
October 25, 2017
Caring is Cornerstone: Building the future of Cornerstone
By Tag Birge — Cornerstone has always been a mission-driven company. As we’ve grown, we’ve stayed true to that vision. But like anything, with a growing team there’s more variability in how that vision is communicated. A few... Read more »
October 03, 2017
Employee Spotlight: Mark Randall
Mark joins Cornerstone as the Director of Facilities. Cornerstone is glad to welcome Mark Randall to the team! Mark joins Cornerstone with over 25 years in the maintenance and real estate industries, most recently serving as Senior Chief... Read more »
October 02, 2017
Cornerstone to Develop New State-of-the-Art Medical Office Facility for Dawes Fretzin Dermatology Group in Indianapolis
INDIANAPOLIS — Cornerstone Companies has been selected by Dawes Fretzin Dermatology Group to develop a new treatment center in Indianapolis. The building will be located at 79th and Shadeland Ave on the northeast side of Indianapolis. The two-story,... Read more »
September 26, 2017
Employee Spotlight: Chase Scott
Chase joins Cornerstone as a Project Manager. Last month we welcomed Chase Scott to the team at Cornerstone. Chase joined our team as a Project Manager and will manage the construction of several different medical office buildings and... Read more »
September 21, 2017
Cornerstone Begins Development on Second Facility for OSF Healthcare
INDIANAPOLIS — Cornerstone Companies is scheduled to begin work on a new outpatient primary care facility for OSF Healthcare in Godfrey, Illinois. The development will include approximately 8,200 square feet of medical office space. The new facility will be... Read more »
September 18, 2017
Easing the Transition From Hospital to Home
Cornerstone Companies and Community Health Network are proud to announce a philanthropic partnership focused on improving the hospital-to-home transition for patients in behavioral health care programs. As Central Indiana’s largest provider of behavioral health services, Community Health Network offers... Read more »
August 25, 2017
Cornerstone Hires John White as Vice President to Lead New Minnesota Office
INDIANAPOLIS — Cornerstone Companies, the leading integrated healthcare real estate company, today announced the hire of successful entrepreneur John White as Vice President to open an office in Minneapolis, Minnesota. Cornerstone currently manages over 4 million square feet of medical... Read more »
August 16, 2017
Cornerstone Developing Outpatient Facility for OSF Healthcare
INDIANAPOLIS — Cornerstone Companies is developing a 13,000 rsf outpatient facility for OSF Healthcare in Godfrey, Illinois. The facility is scheduled to open in December 2017 and will include a lab, imaging and primary care. Cornerstone is both the... Read more »
August 14, 2017
Cornerstone Selected to Manage Two Class A Medical Facilities in Central Indiana
INDIANAPOLIS — Cornerstone Companies, Inc. has been selected to provide property management services for St. Vincent Medical Center in Fishers, IN and St. Vincent Women’s Center in Carmel, IN. The addition of two Class A medical properties to Cornerstone’s... Read more »
June 12, 2017
Medical real estate keeping developers, investors busy.
Medical office buildings are getting plenty of attention in Indianapolis lately, and not just as destinations for patients, doctors and pharmaceutical sales reps. The sector is in the middle of a huge real estate shuffle. Last month, Indianapolis-based... Read more »
June 08, 2017
Cornerstone Companies fully invests its MOB Fund II.
Firm finds opportunities with smaller properties in suburban and rural markets Cornerstone Companies Inc. announced last week that it has acquired three healthcare real estate (HRE) properties totaling about 82,000 square feet in Indiana, Kentucky and Colorado for a total... Read more »
April 24, 2017
Cornerstone Companies Inc. breaks ground on $7 million medical office building in Tipton.
Cornerstone Companies Inc. has broken ground on a $7 million medical office building in Tipton, IN. The nearly 25,000-square-foot building is located on the grounds of IU Health Tipton Hospital and IU Health will serve as its anchor tenant. ... Read more »
February 20, 2017
Cornerstone selected by Starwood Property Trust, Inc. for management services.
Cornerstone Companies, Inc., a leading healthcare real estate development, leasing, property management, monetization and investment company, has been selected by Greenwich, Connecticut based-Starwood Property Trust, Inc. to provide property management, leasing and construction services for six properties in Indiana and... Read more »
July 18, 2016
Cornerstone adds 4 million SF in Kentucky to management portfolio.
Cornerstone Companies, Inc., a leading healthcare real estate development, leasing, property management, consulting and investment company, has been selected by Milwaukee-Wisc.- based Physicians Realty Trust (NYSE: DOC ) a healthcare real estate investment trust (REIT), to partner with them to... Read more »
January 27, 2016
Cornerstone Companies Inc. purchase Lakeview Medical Office Plaza.
Cornerstone Companies, Inc. recently announced the closing on Lakeview Medical Office Plaza, located in the 9000 block of North Meridian Street in Indianapolis, Indiana. The plaza is the latest purchase by the company, which continues to rapidly expand its portfolio... Read more »
January 19, 2016
Cornerstone announces new land acquisition.
Cornerstone Companies, Inc. is pleased to announce the latest land purchase by the company. The Indianapolis-based firm recently closed on 9 acres of prominent real estate, which company leaders believe will be a perfect location for their latest medical office... Read more »
