April 19, 2024
ATLANTA – Transwestern Real Estate Services (TRS) announces the completion of 36,000 square feet of medical leases at Union Park, a 178,000-square-foot, four-building outpatient medical campus at 5881-5887 Glenridge Drive NE in Atlanta. Transwestern’s Atlanta Healthcare Advisory Services team, composed of Steve Hall, John V. Lopez and Bo Stuart, provides leasing services for the property on behalf of the owner, RX Health & Science Trust, Inc.
Notable transactions include:
- Hyperbaric Physicians of Georgia, an independent hyperbaric oxygen therapy provider, signed a new 9,100-square-foot lease.
- A nationally recognized rheumatology group executed a new lease for 7,000 square feet.
- Atlanta fertility specialist Muna Fertility signed a new 6,000-square-foot lease.
- Perinatal consultant Breastfeed Atlanta executed a new 3,500-square-foot lease, adding a third lactation center to its portfolio.
- An oral surgery center signed a new 3,500-square-foot lease.
“Union Park’s leasing velocity is a testament to RX Health & Science Trust’s vision for transforming the property into a premier off-campus medical community,” said Hall. “Healthcare practices are attracted to its flexibility, easy access and amenities like the on-site café, free surface parking and no-use restrictions.”
Upon purchasing Union Park in 2023, RX Health & Science Trust embarked on an extensive capital renovation program to continue modernizing, upgrading and converting dated office spaces into high-end, specialty clinical space.
The campus is located within the Central Perimeter submarket, less than a mile from I-285 and GA-400, and less than 2 miles from “Pill Hill,” Atlanta’s preeminent healthcare cluster with Northside Hospital, Children’s Healthcare of Atlanta and Emory Saint Joseph’s Hospital. Access to Perimeter Mall and surrounding restaurants and retail is a short drive away.
An image of the property is available for download here.
About Transwestern Real Estate Services
Part of the Transwestern companies, Transwestern Real Estate Services (TRS) strives to add value for investors, owners and occupiers across all commercial property types. Fueled by a holistic perspective of the real estate life cycle, agility and creativity are hallmarks of our approach, while vast national resources and sound market intelligence underpin customized recommendations and property solutions.
Four dynamic, integrated companies make up the Transwestern enterprise, giving us the perspective to think broadly, deeply and creatively about commercial real estate. Clients and investors rely on us for expertise that spans institutional and opportunistic investment, development, hospitality, and brokerage and asset services. Our award-winning, collaborative culture empowers team members with resources and independence to work across boundaries in pursuit of innovative solutions, reinforcing a reputation for service excellence that translates to measurable results. Through offices nationwide and alliance partners around the globe, we positively impact the built environment and our communities while fostering a work climate that champions career vitality for all. Learn more at transwestern.com and @Transwestern.
Media Contact:
Jaime Luckey
678.521.3474
jaime@luckeycomms.com
twmediarelations@transwestern.com
