Login

Alea Properties expands mental health provider options for Fort Wayne residents

Lease of the year for Fort Wayne, Indiana
Alea Properties signed Indiana Advanced Psychiatry as a tenant of the Jefferson Center in June. (CoStar)
Alea Properties signed Indiana Advanced Psychiatry as a tenant of the Jefferson Center in June. (CoStar)
By Caroline Broderick, Darius Anderson
CoStar News
March 26, 2025 | 10:00 AM

Accepting Indiana Advanced Psychiatry as a new tenant was both strategic for Alea Properties and helpful for the community.

The psychiatry clinic opened its new location in June 2024, which added a mental health provider option in Fort Wayne, Indiana. Indiana Advanced Psychiatry treats patients experiencing depression, utilizing therapy, medication and transcranial magnetic stimulation.

In recognition, the deal has been selected by an independent panel of industry professionals as the 2025 CoStar Impact Award's lease of the year for Fort Wayne.

The office now shares space with IU Health, making collaboration between mental health and medical support comprehensive for Fort Wayne residents. The building is home to several medical services, such as the Center for Vein Restoration and Midwest Oral & Maxillofacial Surgery.

It's also located a mile and a half from the Lutheran Medical Campus, which includes Lutheran Hospital. The strategic location allows residents to experience reduced wait times, and its location near Interstate 69 and downtown Fort Wayne provides easy commute options for employees and patients.

About the deal: The office is located on a highly visible corridor with exposure to nearly 30,000 vehicles daily.

What the judges said: "Places emphasis on the importance of mental health and strengthens the potential for new medical offices and potentially smaller independent group to hopefully enter the market," said Maxwell Profeta, senior leasing representative at Arnold Meyer Commercial Real Estate.

They made it happen: Both sides of the transaction were handled by Joy Neuenschwander, director of property management at the Zacher Co.

IN THIS ARTICLE