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.

In what appears to be the highest price ever paid for a Columbus office building, Qatar First Bank has bought the new CoverMyMeds headquarters&nbsp;for $120 million.&nbsp;The price includes only the first of two buildings in the $240 million Franklinton development. CoverMyMeds is wrapping up the building and&nbsp;<a href="https://www.dispatch.com/story/business/2021/05/17/covermymeds-headquarters-franklinton-opening-beer-tap-back-yard/5071738001/" data-saferedirecturl="https://www.google.com/url?q=https://www.dispatch.com/story/business/2021/05/17/covermymeds-headquarters-franklinton-opening-beer-tap-back-yard/5071738001/&amp;source=gmail&amp;ust=1622118324086000&amp;usg=AFQjCNFrw72crod2_lT-oCqsWiudnXGaxA">plans to start moving employees in within a few weeks</a>.&nbsp;Franklin County Auditor records identify the buyer as MK 1 Property Co., registered in the state of Delaware, but&nbsp;<a href="https://www.qfb.com.qa/" data-saferedirecturl="https://www.google.com/url?q=https://www.qfb.com.qa/&amp;source=gmail&amp;ust=1622118324086000&amp;usg=AFQjCNEiTuvd0eunWtXQfyJ5Ft7v3bZfhQ">Qatar First Bank</a>&nbsp;announced the acquisition in&nbsp;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.&nbsp;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.

News Briefs from the Columbus Dispatch - Columbus Ohio

News Briefs from the Columbus Dispatch - Columbus Ohio

Columbus News Briefs - Columbus Dispatch

News Briefs from the Columbus Dispatch - Columbus Ohio.

News Briefs from the Columbus Dispatch - Columbus Ohio.

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