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News Release: Acquisition of New Albany Medical Building II

CLOSED!

Davis is pleased to announce the acquisition of the New Albany Medical Building II in New Albany, Ohio. This building is located on the Mount Carmel Surgical Hospital campus and includes tenancy of OrthoNeuro and New Albany Surgery Center.

Davis

New Acquisition

New Albany Medical Building II
New Albany, OH

ACQUISITION DATE: November 15, 2019

PURCHASE PRICE: $18,400,000

BUILDING SIZE: 59,233 sq. ft.

OCCUPANCY: 80%

MAJOR TENANTS: OrthoNeuro, New Albany Surgical Center

Davis is planning to develop a skyway link to the hospital to provide enhanced access for patients and staff. Davis will provide first class property management services for the tenants and assist in their expansion needs in the building.

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