Welltower Donates Land to University of Toledo

(Toledo, OH) The University of Toledo could expand its campus-- after receiving part of a corporate campus.

Welltower Inc. is donating land and buildings to the University of Toledo Foundation.  The 100 acres and two office buildings on the Welltower corporate campus along Dorr Street is the single largest gift in the school's history, with an estimated value of $30 million. 

UT's president says the property can be used to expand the college campus. 

The Toledo-based, health care real estate company says the former Dana corporate campus is more than Welltower needs and made sense to donate it to UT, an institution focused on regional growth. Welltower also is able to reduce the cost of its corporate headquarters.

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