LPC Southeast Secures Medical Lease Renewals, Expansion at North Druid Hills Executive Park
Lincoln Property Company Southeast (Lincoln) has negotiated several lease renewals and an expansion/extension at Executive Park, a six-building, 378,882-square-foot office park in the North Druid Hills/Northlake submarket of Atlanta. George Gwaltney of Lincoln represented the landlord, EUEP, LLC, associated with Emory University.
- The Emory Clinic, Inc. renewed its 16,532-square-foot lease in a direct deal.
- Emory University renewed its 10,781-square-foot lease in a direct deal.
- Pediatric Orthopedic Associates, P.C. renewed its 9,682-square-foot lease. David Tyler of Tyler Real Estate represented the tenant.
- Executive Park Dentistry, P.C. extended and expanded its lease to 3,074 square feet. Peyton Roebuck with Carr Healthcare Realty represented the tenant.
“Despite the heavy impacts of COVID-19 in recent months, medical office remains a highly resilient sector,” said Lincoln’s Gwaltney. “With rent payments up a dramatic percentage from the past several months, we are optimistic about the ongoing success at Executive Park.”
Situated within a heavily landscaped, 60-acre park setting, Executive Park provides a state-of-the-art facility for a variety of office and medical tenants. In addition to the rapidly growing healthcare base in the immediate area, led by Emory and Children’s Healthcare of Atlanta, the park is also in close proximity to a variety of amenities including restaurants, retail, banks, hotels and quality residential communities. Available spaces at Executive Park range in size from 1,000 to 20,000 square feet.