+ PROJECT: Mount Carmel East MOB
+ TENANTS: Mount Carmel, Cleveland Dental, Heart of Ohio Health
+ BUILT: 1988 / 2025-2026 (Value-Add Redevelopment)
+ LOCATION: 5969 East Broad Street, Columbus, OH
+ SIZE: 76,000 SF

Acquired the 76,276 SF medical outpatient building located on the campus of Mount Carmel East Hospital in Columbus, Ohio in April 2024.  The 4-story MOB is positioned on Mount Carmel’s East Hospital campus at the I-270 and Route 16 interchange in the Columbus market. The Property is anchored by Mount Carmel Health System providing an array of outpatient services at the Property including imaging, cancer services, occupational health, surgical clinic, and pain management. The Property exhibits excellent healthcare real estate fundamentals and is located in one of the fastest growing cities in the nation with a pro-business operating environment.  The Project presents a rare on-campus value-add opportunity through lease up.

Mount Carmel Health System is the second largest health care system in Central Ohio, operating four hospitals: Mount Carmel East (subject), Mount Carmel Grove City, Mount Carmel St. Ann’s and Mount Carmel New Albany.  MCHS is the second largest member of Trinity Health, the fifth largest health system in the nation.  Mount Carmel East Hospital is a 400-bed, full-service, short-term acute care hospital with a Level II Trauma Center. The Hospital is the largest in the MCHS network and was ranked the #2 best central Ohio hospital according to US News 2023 rankings.  The Property is located 7.5 miles from downtown Columbus and services east Columbus’ growing population.