Dublin’s strong economic team and world-class amenities are just a few reasons why New York-based Group RMC Corp. purchased a nine-building portfolio
March, 15, 2017
Group RMC Corp., a New York-based real estate investment firm, recently purchased a nine-building portfolio in Dublin for $77 million. The portfolio includes 1.1 million square feet of Class A, multi-tenant office buildings.
Group RMC, known for their acquisitions of underappreciated income producing office properties in secondary and tertiary U.S. markets, purchased the portfolio because of the stability and growth of the Dublin submarket.
“Dublin’s low vacancy, strong economic development team, and world-class amenities, make the city a desirable location for tenants in the marketing, energy, technical and financial services fields,” said a spokesperson from Group RMC. “This strong track record is why this group of buildings fits so well into our long-term plans.”
The City of Dublin is working closely with Group RMC. “Dublin is committed to continuing its work to make our city a hub of financial and technological companies, as well as corporate headquarters and managing offices,” said Colleen Gilger, Director of Economic Development for the City of Dublin. “Group RMC is a dynamic partner that is committed to the long-term success of these very important assets.”
Group RMC has awarded the leasing of the 1.1 million-square-foot Dublin portfolio to Andrew Jameson and Brett Cisler of Colliers International | Greater Columbus Region and the Management to Robyn Pinson of CBRE.
“Colliers is very excited to begin offering these high-end office buildings to tenants,” said Jameson. “These properties will be much in demand by tenants looking for quality space in one of Central Ohio’s strongest office markets.”
About Colliers International Group
Colliers International Group Inc. (NASDAQ and TSX: CIGI) is an industry-leading global real estate services company with 15,000 skilled professionals operating in 68 countries. With an enterprising culture and significant employee ownership, Colliers professionals provide a full range of services to real estate occupiers, owners and investors worldwide. Services include strategic advice and execution for property sales, leasing and finance; global corporate solutions; property, facility and project management; workplace solutions; appraisal, valuation and tax consulting; customized research; and thought leadership consulting. Colliers professionals think differently, share great ideas and offer thoughtful and innovative advice that help clients accelerate their success. Colliers has been ranked among the top 100 global outsourcing firms by the International Association of Outsourcing Professionals for 12 consecutive years, more than any other real estate services firm.
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Dawn Jacobson, Marketing & Communications Manager Colliers International | Greater Columbus Region Phone: 614-437-4655 Email: email@example.com