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Aug. 8, 2023

MSU buys $48M property to house health care services

Wide angle of Hannah Technology Resource Center
The Eyde Building is now one of two properties MSU Health Care has to expand health care services. Courtesy photo.

Michigan State University has purchased a two-building property that will house MSU Health Care providers under one roof, making services such as family medicine, pediatrics and ambulatory surgery more accessible to patients.

 

The $48 million purchase, approved by the MSU Board of Trustees in February and finalized last month, is the most recent MSU investment to improve health care services in mid-Michigan, said Norman J. Beauchamp, Jr. executive vice president for Health Sciences at MSU.
 

“At the heart of MSU Health Care’s mission is bringing more quality care to residents around mid-Michigan and expanding our clinical research capabilities,” said Beauchamp. “The purchase of this building gives the Greater Lansing community a centralized location to get the care it needs.”

 

The 13-acre property is located on the corner of Hagadorn Road and Hannah Boulevard, immediately across from MSU’s campus. It has two buildings: a two-story, 60,000-square-foot building at 4700 Hagadorn Road, and a six-story, 150,000-square-foot building at 4660 Hagadorn Road, known as the Eyde Building. The buildings currently have several tenants with leases whose staggered terms will end in 2027. These leases will be honored under the terms of the agreement.

 

“This investment in property is showing the dedication of MSU Health Care to provide the best health care for the people of Michigan by making it easier to access health services,” said Seth Ciabotti, CEO for MSU Health Care. “Locating services often used together close to each other makes it easier for our health care workers to collaborate, ultimately leading to a better experience for patients.”

 

Currently, MSU Health Care — the university’s academic health center representing more than 600 faculty and affiliate providers — leases several floors of the Eyde Building. It recently opened the doors to an expanded Heart and Vascular Center that provides services such as ambulatory blood-pressure monitoring, cardiology consultations, non-invasive cardiology testing and echocardiography, electrocardiography testing and stress tests. The center’s vascular imaging and surgical services include treating conditions such as abdominal aortic aneurysm, complex venous disease, deep vein thrombosis, varicose veins and non-healing ulcers.

 

In addition to these services, the newly acquired property will accommodate services previously housed at the MSU Clinical Center and at Fee Hall, including pediatrics, family and internal medicine, endocrinology and psychiatry, among others.

 

The purchase highlights MSU’s commitment to mid-Michigan. Earlier this year, the MSU Board of Trustees also authorized administrators to plan for a new Health Sciences building to bring state-of-the-art technology to medical and nursing students. And in partnership with McLaren Greater Lansing, MSU recently opened a new Outpatient Imaging Center that brings cutting-edge technology to mid-Michigan.

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