Foreign investor buys state-of-the-art office campus in Cincinnati

Mirabaud Asset Management has structured the acquisition of a two-building office occupied by a nonprofit academic foundation and medical center.

The transaction was structured by Mirabaud Asset Management as a Luxembourg-based institutional commercial real estate partnership on behalf of its international clientele. The acquisition brings the value of Mirabaud’s U.S. real estate portfolio to almost $600 million.

Vernon Campus, a 301,389-square-foot complex in Cincinnati, is a state-of-the-art office campus, fully leased until 2032 to the second largest employer in the tristate area. The office campus serves as the U.S. administrative headquarters for Cincinnati Children’s Hospital Medical Center and is strategically located at the epicenter of the world’s leading academic and research centers, organizations and talent pools.

Mirabaud Asset Management continues to expand its established real estate portfolio by acquiring single-tenant office and logistics