The company has acquired a portfolio of properties valued atabout $177 million, according to an NNN statement. Dan Prosky, VPof acquisitions, says he can't say the exact sales price, but tellsGlobeSt.com that it is less than the $229 per sf that a similarmedical office building, 6955 Perimeter Loop in Dublin, sold for inJune.

Prosky says the buildings are 93% leased. For the sales, 515Partners LLC sold the 1 Market facility, which includes offices forthe nearby Columbus Children's Hospital, and 4MX Partners LLC sold4 Market, which has OhioHealth as its main tenant. "One's moreclinical, and one's more of an office," Prosky says. "We like thefact that it's newer real estate, and good tenants, and the pricingwas attractive."

Included in the deal was an adjacent vacant strip of property.The company will pave the land and make it a lighted parking lot,Prosky says. The Columbus office market is fantastic, he says."There's just several things going for it, the state capitol andlarge university. It's going to be pretty stable." The REIT ownshealthcare properties in eight states.