IRA Cash, a Southern California-dependent true estate private equity company, has obtained a 237,000-square-foot everyday living science campus in the Easton submarket of Columbus, Ohio.
The assets is made up of four, three-story interconnected structures positioned in shut proximity to Interstate 270 and John Glenn Columbus Worldwide Airport. The campus sits across from Easton City Middle, the 1.7-million-sq.-foot blended-use advancement.
The properties are the greater part leased to Sarepta Therapeutics, a biopharmaceutical company that specializes in genetic medications for uncommon illnesses. The facility expands Sarepta’s investigate and growth capabilities and supports the changeover from clinical-scale to industrial-scale production.
“Life Science firms with a existence in marketplaces like Madison and Columbus advantage from lessen operating prices and can leverage community fundamental motorists that deliver effectiveness,” claimed IRA Funds lover Amer Kasm. IRA shut the acquisition on an all-hard cash basis and is actively pursuing supplemental lifetime science chances.
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