COLUMBUS, OH (May 25, 2011) – Daymark Realty Advisors Inc., a leading provider of strategic asset, property management and structured finance solutions for owners of commercial real estate, today announced that it has secured a 63-month lease renewal totaling 33,967 square feet with Smiths Medical at 5200 Upper Metro (top left photo) in the Columbus suburb of Dublin, Ohio. Since January 1, 2011, Daymark Realty Advisors and its subsidiaries have successfully executed lease transactions totaling in excess of 1.2 million square feet, valued at more than $18.9 million.
Daymark Realty Advisors and its subsidiaries manage 5200 Upper Metro, a three-story, Class A office building, on behalf of individual owners.
Smiths Medical, the largest division of the UK-based Smiths Group, is a global supplier of innovative medical devices for the hospital, emergency, home, and specialist environments.
“Smiths Medical has been a tenant at 5200 Upper Metro for the last six years and their renewal maintains the 89 percent occupancy rate at the property,” said Elizabeth Grossman, vice president, asset management.
“Dublin’s friendly entrepreneurial environment has attracted several large companies in the last decade and is home to numerous corporate headquarters.”
Built in 1999, 5200 Upper Metro is a 96,000-square-foot office building situated on nearly eight acres in the affluent suburb of Dublin. The property is located in the Metro Center Business Park, a 130-acre corporate office park that features numerous amenities, including an onsite café, four hotels, three restaurants, and a fitness center.
Chris Potts and Brett Cisler from Colliers International represented Daymark Realty Advisors in the transaction. Paul Tingley from Jones Lang LaSalle represented Smiths Medical.
For more information regarding Daymark, please visit www.DaymarkRealtyAdvisors.com
Contact: Damon Elder, (714) 975-2659, delder@DaymarkRA.com
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