REBusinessOnline

HEALTH CARE REIT TO PURCHASE 200,000-SQUARE-FOOT DANA HOLDING HEADQUARTERS

TOLEDO, OHIO — Toledo-based companies Dana Holding Corp. and Health Care REIT have reached a contingent agreement for Dana Holding to sell its corporate headquarters property in Toledo to Health Care REIT for an undisclosed amount. The sale agreement, which is contingent on state and local authorities’ support, is expected to close by October. The 200,000-square-foot facility is located at 2500 Dorr St. Dana Holding will move its headquarters to an existing 200,000-square-foot building, which is located on a 30-acre site in the Toledo suburb of Maumee, Ohio. Under terms of the sale agreement, Dana Holding would vacate its Dorr Street facility by September 2009.

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