VanTrust Leases New Albany Facility to Hims & Hers

Just months after completing a 302,880 square foot facility in New Albany, VanTrust Real Estate is pleased to announce that the entire building has been leased. Hims & Hers, a direct-to-consumer digital health and wellness company, has chosen the New Albany location for a mail-order pharmacy and fulfillment center. Approximately 500 new jobs will be created, with hiring to begin in the second quarter of 2020 for positions including picking and packing, supervisors, pharmacy technicians, and customer service personnel.

“The Columbus area is a central location that provides direct access to our customers across the country, especially those who may not have immediate access to a local pharmacy,” said Lori Jackson, Senior Vice President of Operations for Hims & Hers. “While we’ll continue working with our existing third-party partners, opening our own pharmacy allows us to expand safe, convenient and efficient access to quality care for people throughout the US. We chose the New Albany area for its ideal location and pool of local talent, and we’re excited to invest in the region.”

Rick Trott of CBRE, and Dan Wendorf and Brian Marsh of JLL, brokered the deal. The new facility will support the company’s growth and will also house its licensed mail-order pharmacy. Thanks to a large pool of reliable and skilled talent, an integrated and collaborative supply chain, and top distribution and export capabilities, the New Albany region was chosen as the ideal location.

“We are pleased to have the New Albany building fully leased so soon after completion,” said Phil Rasey, Vice President of Development for VanTrust’s Columbus office. “New Albany is a great place for companies to grow, making it ideal for Hims & Hers, a well-established digital health company. We are pleased that our partnership with the city of New Albany has been so successful in bringing new businesses into this thriving community.”

Said Mayor Sloan Spalding, “The VanTrust team was great to work with in attracting this exciting project to New Albany. Hims & Hers will be a great addition to the New Albany International Business Park and its high-tech manufacturing industry cluster. New Albany has the assets to attract high-tech jobs to the community and the region, with more than 15,000 people now working in our business park. This is a win for New Albany, our region and the entire state of Ohio.”

 

 

About VanTrust Real Estate, LLC

VanTrust Real Estate, LLC is a full-service real estate development company. The company acquires and develops real estate assets for the Van Tuyl family portfolio and offers a broad range of real estate services including acquisition, disposition, development, development services, and asset management. Product types include office, industrial, multifamily, retail, institutional, governmental, hospitality, and recreational. VanTrust works nationally with regional offices in Columbus, Dallas, Phoenix, and Jacksonville with its headquarters in Kansas City, Missouri. For more information, visit www.vantrustrealestate.com

About New Albany

New Albany, Ohio, is a master planned community of 11,000 residents located fifteen miles northeast of Columbus, Ohio’s capital city, and ten miles from the Port Columbus International Airport. New Albany is aspirational, welcoming, and collaborative, continually building upon its pillars of lifelong learning, culture, health and the environment. New Albany is also home to one of the largest master planned international business parks in the Midwest, featuring shovel-ready sites, triple feed electric power and fiber optic capabilities for companies of all sizes.