CHICAGO—Amidst the COVID-19 pandemic, 90 North Real Estate Partners, who was acting as the investment advisor for Rasameel Investment Company, has acquired the redeveloped Ensemble Health Partners headquarter facility in Blue Ash, Ohio, which is a suburb of Cincinnati. The purchase price was not disclosed.
90 North and Rasameel acquired the campus from a local developer who has been redeveloping it over the past 12 months. The 51.3-acre campus includes a 390,096 square-foot main building, a newly constructed 75,554 square-foot addition and a separate 10,200 square-foot building that is being converted to a conference center.
Daniel Cooper, partner, head of North America, of 90 North said in a prepared statement that the acquisition shows the strength and safety in which foreign investors view U.S. real estate. 90 North is a UK based company and Rasameel is based in Kuwait.
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