Columbus News Briefs - Columbus DispatchColumbus News Briefs - Columbus Dispatch
Clean

At $120 million, CoverMyMeds building fetches record price for Columbus office building

View descriptionShare

In what appears to be the highest price ever paid for a Columbus office building, Qatar First Bank has bought the new CoverMyMeds headquarters for $120 million. The price includes only the first of two buildings in the $240 million Franklinton development. CoverMyMeds is wrapping up the building and plans to start moving employees in within a few weeks. Franklin County Auditor records identify the buyer as MK 1 Property Co., registered in the state of Delaware, but Qatar First Bank announced the acquisition in a news release widely reported in publications that cover Persian Gulf business news. CoverMyMeds signed a 10-year lease for the 218,000-square-foot building, according to the release. A second building, at 200,000 square feet, is well underway and is expected to be completed next year. The sale does not impact CoverMyMeds' operations at the building, the company said.

  • Facebook
  • X (Twitter)
  • WhatsApp
  • Email
  • Download

In 1 playlist(s)

Columbus News Briefs - Columbus Dispatch

News Briefs from the Columbus Dispatch - Columbus Ohio.
Social links
Follow podcast
Recent clips
Browse 5,191 clip(s)