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OhioHealthcare

Daymark Realty Advisors closes lease transaction for medical device company in Ohio

Staff Writer April 5, 2017
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Daymark Realty Advisors, a provider of asset, property management and structured finance solutions for the owners of commercial real estate, recently closed a 63-month lease renewal of 33,967 square feet with Smiths Medical in the Columbus suburb of Dublin, Ohio.

This isn’t the only bit of business that the company has recently completed. Daymark Realty Advisors and its subsidiaries have closed lease transactions of more than 1.2 million square feet, valued at more than $18.9 million, since the start of 2011.

Smiths Medical, the largest division of the UK-based Smiths Group, is a global supplier of medical devices for the hospital, emergency, home and specialist environments. The company’s products come in three categories — medication delivery, vital care and safety — which are used during critical and intensive care, surgery and post-operative care. With more than 8,400 employees in six continents, Smiths Medical reported annual sales totaling $1.4 billion in 2010.

Chris Potts and Brett Cisler from Colliers International represented Daymark Realty Advisors in the transaction. Paul Tingley from Jones Lang LaSalle represented Smiths Medical.

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