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The OSU Physicians Center is ideally located within the Research and Technology Corridor which the state, county and university have committed to long-term commercial development. This 7.2 acre site is one of the few parcels not held by Ohio State University and offers investors the rare opportunity to participate in the 315 Corridor’s growth.
The OSU Physicians Center is 100% occupied and over 80% of the property is occupied by tenants related to the OSU Medical Center or Ohio State University itself. Over 65% of the tenant leases extend through 2017 and over 78% have leases that won’t expire before 2014.
The property is anchored by OSU Physicians, Inc. a subsidiary of Ohio State University Medical Center (“OSUMC”), nationally acclaimed among the “Best Doctors in America” and one of “America’s Best Hospital Systems”. OSUMC includes six hospitals, both primary and specialty care networks and the Ohio State University College of Medicine and Office of Health Sciences. In fiscal year 2007 OSUMC had operating revenues of $1.84 billion, representing 51.3% of Ohio State University’s total revenue.
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