COLUMBUS—Gladstone Commercial Corporation hasjust purchased the three-story, 114,786-square-foot, multi-tenantoffice building located at 7450 Huntington Park Dr. ilumbus, for$11.8 million. The property serves as the headquarters forQuantum Health, Inc.

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Quantum helps employers with self-funded health insurance plansguide their employees and dependents through the healthcare systemand get the most out of their benefits. A regional privately-ownedbusiness occupies the remaining 8% of the space.

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"This acquisition is consistent with our strategic decision tofocus our acquisition efforts on primary and strong secondarymarkets," says Matt Tucker, managing director ofthe Virginia-based Gladstone. "The property's class A construction,strong tenancy and premiere location in Columbus' Westervillesubmarket will provide stable and attractive returns for ourinvestors. This acquisition expands our anchored multitenantplatform and our presence in the Columbus market."

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Gladstone Commercial's real estate portfolio now consists of 92properties located in 23 states, totaling about9.5-million-square-feet.

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Brian J. Rogal

Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.