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Tempus Realty Acquires Lane Bryant Headquarters in Columbus Metro
Tempus Realty Partners, a Little Rock, AR-based real estate investment partnership, acquired Lane Bryant’s 236,070-square-foot campus in New Albany, OH. Total purchase price was $42 million.
The fully leased, Class A two-building headquarters, located at 8323 Walton Pkwy., features a workspace with an onsite café, fitness center, multi-tiered water feature and a walking trail traversing the surrounding green space.
Lane Bryant will remain a tenant for at least the next 20 years. The property benefits from its easy access to entertainment including fine dining, hotels and event destinations. In addition, the heavily traveled Route 161 is less than a mile away.
“This purchase marks our sixth in the Columbus-area market” said Dan Andrews, Tempus Realty Partners CEO. “We’re thrilled to add such a high-quality property with a well-respected tenant to our portfolio.”
Lane Bryant, established in 1904, is a leader in plus-size women’s apparel with 450 stores nationwide.
- ◦Sale/Acquisition