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But the purchase of the building at 6 N. Main St. is confirmation of what the company had reportedly told local stakeholders.
The PNC building at Third and Main streets only has a few tenants, including CityWide Development, Business Furniture and law firm Bieser, Greer & Landis LLP.
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The seven-story building, which opened in 1981, was designed by I. M. Pei, a famous Chinese American architect whose other work includes the famous glass and metal pyramid entrance at the Louvre Museum in Paris, France, and the JFK Library in Massachusetts.
Earlier, Olymbec bought the 11-story 111 W. First St. office tower in 2016 with plans to renovate the building to attract new tenants.
That acquisition paid off when Taylor Communications agreed to lease eight floors of the building to move 500 or more employees to downtown.
Earlier this year, Matthews told this news outlet that his company was bullish on downtown Dayton and was looking to buy more properties.
