The building is fully occupied by the Cincinnati Eye Institute, whose parent company was acquired for $600 million by St. Louis-based EyeCare Partners in 2021.
The 113,723-square-foot building houses an outpatient surgical center and medical offices and sold for more than $351 per square foot. The building last sold in 2005 for $9.7 million.
Varde Partners, an investment firm based in Minneapolis, purchased the building from Milwaukee-based Physicians Realty Trust, a real estate investment trust.
