TRANSWESTERN AGREES SFR 200,000 TO RENT TO ATLANTA FOR THE FIRST GLOBAL DISTRICT FOR HEALTH INNOVATION | News

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ATLANTA, December 15, 2021 (GLOBE NEWSWIRE) – Transwestern Real Estate Services (TRS) announces that its Atlanta Transaction Sciences team led by CEO Clark Dean has arranged a 17-year, 200,000-square-foot lease on behalf of The Center for Global Health Innovation in Tower Square to establish the organization’s Global Health Innovation District. Located at 675 W. Peachtree St., NW, the iconic 47-story office building sits above MARTA’s North Avenue Transit Station, just blocks from the Georgia Institute of Technology and Tech Square, home to the densest concentration of startups. , innovators and academic researchers in the Southeast.

Working with the Center, its partners, 60 of Atlanta’s global health leaders and more than 200 community volunteers over the past four years, Transwestern has provided business strategic consulting, project development and transaction structuring services to bring the vision of the Center for innovation hub. Transwestern also pledged a $ 1.5 million grant to advance the project.

“To launch the first global healthcare innovation district, we needed the involvement and consensus of multiple stakeholder groups,” said Dean. “This project is the result of years of relationships and trust between business, community and health leaders in the fields of global health, health technology and life sciences, from public institutions such as the CDC to research universities, from large companies to startups, NGOs to local community organizations. We have worked closely with the Center and partner groups to develop a transformative and sustainable business plan that will help the Center maximize its mission and generate excess funds that can be reinvested to support the organization’s programs and initiatives “.

Initially, the Global Health Innovation District will consist of five floors in Tower Square, including laboratories and offices, a 75,000-square-foot conference facility, a coffee shop and the headquarters of the Center. The district will host a diverse range of partners and participants, including renowned incubation and acceleration organizations, businesses, NGOs, universities, health systems, small and medium-sized businesses, community groups and venture funds, all curated by the Center for Community Building. innovation that solves important problems and creates economic opportunities. This initial cluster will serve as an important driver for investment and employment in the areas of global health, health technologies and life sciences.

Owned by Icahn Enterprises, Tower Square is a 1.8 million square foot mixed-use project that includes 1.4 million square feet of office space, 90,000 square feet of retail, and 129,000 square feet of data center space. . Located in South Midtown, Atlanta’s largest and fastest growing business district, Tower Square is one of the most easily accessible offices in the city and is within walking distance of nearly 100 amenities.

“We are thrilled to create this innovation district and to have this new space for the Center’s operations and programs,” said Maria Thacker-Goethe, CEO, Center for Global Health Innovation. “Building a central collaboration hub focused on innovation in the life sciences, global health and technology sectors has been an important part of the Centre’s vision and will create new networks, pathways and intersections to improve global health outcomes. and accelerate bioscience innovations “.

Expected to be completed next fall, the district will house the Centre’s offices, including the Office of Health Equity and Crisis Coordination, the Office of Education and Workforce Development, the Office of life sciences and digital health and the Ecosystem Development Office.

“Clark and his team are masters in taking a holistic, 360-degree approach to complex real estate transactions and in developing customized solutions that don’t just tick all the boxes, but actually create value,” said Bruce Ford, president of Eastern Transwestern region. “Transwestern is proud to partner with the Center to achieve this extraordinary milestone and support global healthcare innovation around the world.”

Transwestern’s Atlanta Transaction Sciences team produces transformational real estate solutions that optimize the intersection of culture, function and economics. Representing diverse academic and professional backgrounds and equipped with advanced analytical skills, the team offers integrated management consulting, workplace strategy, financial / brokerage structuring and capital markets across all verticals and property types to create unexpected value for investors. occupants and real estate investors.

The renders are available for download here.

About The Center for Global Health Innovation The Center for Global Health Innovation (CGHI) is a 501 (c) (3) organization founded in January 2020 to bring together diverse global health, health technology and life science entities to collaborate, innovate and enable solutions to improve human health outcomes around the world. Visit CGHI at www.innovateglobalhealth.org.

About Transwestern Real Estate Services Transwestern Real Estate Services (TRS) adds value for investors, owners and occupants of all types of commercial properties through a comprehensive perspective and by providing solutions based on sound market information. Part of the Transwestern companies, the company applies a consulting approach to Agency Leasing, Asset Services, Tenant Advisory + Workplace Solutions, Capital Markets and Research & Investment Analytics.

Transwestern private companies have been providing a higher level of personalized services and innovative real estate solutions since 1978. Through an integrated and personalized approach that starts with good ideas, the company generates value for clients through commercial real estate services, development and investments. management. Operating from 33 offices across the United States, Transwestern extends its global platform capabilities through strategic partner alliances whose unique geographic, cultural and commercial expertise fuels creative solutions. Find out more at transwestern.com and @Transwestern.

Attachments

The Center for Global Health Innovation The Center for Global Health Innovation

Nataly Torres Transwestern Real Estate Services 713.270.3334 [email protected] Jaime Luckey Transwestern Real Estate Services 678.521.3474 [email protected]

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