LPC Southeast and TerraCap Announce Completion of HealthTrackRx’s Infectious Disease Laboratory at Cobb Corporate Center
Lincoln Property Company Southeast (Lincoln) has completed a construction management assignment on a 3,200-square-foot laboratory and office space at Cobb Corporate Center in Marietta, Georgia, leased by HealthTrackRx. The space represents the first laboratory for the company outside of its headquarters in Denton, Texas. Project Manager Stacey Gay led Lincoln’s team, overseen by Senior Vice President Shane Froman, as it coordinated plans and schedules with general contractor Lexdyn, commercial architects Hughes Turner Phillips and engineers Gray & Postell, Inc.
“We’re giving providers the ability to take a patient swab today, and get actionable results by morning. With the traditional reference laboratory model, providers are accustomed to results measured in days or weeks,” said Martin Price, executive chairman at HealthTrackRx. “Everyone experienced it with COVID-19 – speed matters. We’ve been seeing this for years with dozens of infections that can have serious consequences if misdiagnosed. HealthTrackRx of Georgia, will go a long way in helping us bring game-changing clinical diagnostics to patients by the next morning.”
Lincoln’s construction management team worked on behalf of building owner TerraCap to facilitate the laboratory and office build-out that meets HealthTrackRx’s technical requirements and accommodates plans for growth, with Lincoln overseeing the project from design to delivery.?
“We were ecstatic to work with our client TerraCap and its tenant HealthTrackRx in the delivery of the tenant’s first Metro Atlanta laboratory space,” said Lincoln Senior Vice President Shane Froman. “I am especially proud of the construction management team at Lincoln for bringing to fruition HealthTrackRx’s vision, despite the supply chain and procurement issues currently facing our industry. In collaboration with our superb project partners, we’re pleased to have delivered every phase of the project, from design through construction, on schedule and budget.”
Cobb Corporate Center also recently underwent landscape enhancements, exterior renovations and new signage installations. HealthTrackRx made the decision to expand into the Southeast, specifically Metro Atlanta, based on the region’s fast-growing population. The new lab at Cobb Corporate Center will focus on Covid testing, but will also perform other infectious disease testing for its expanding customer base.?
Spanning 200,090 square feet, Cobb Corporate Center consists of five buildings with office spaces ranging from 3,260 square feet to 9,695 square feet. The office park is situated in the Cumberland/Galleria submarket within Cobb County and features a tenant amenity center with a lounge, conference rooms and gym as well as grade-level loading all within an attractive, landscaped park setting. Lincoln also handles management and leasing at the building, with Vice President Matt Fergus, Senior Vice President Hunter Henritze and Senior Leasing Associate Seabie Hickson representing TerraCap in the HealthTrackRx transaction. Colliers represented the tenant.?
Construction project management services are an essential part of Lincoln’s integrated real estate services platform. Lincoln’s strong tradition of construction project management offers formidable capabilities and resources to clients, and its project management teams take a hands-on approach to maximizing the value of any construction project by diligently managing quality controls, budgets and schedules. Each project is matched with appropriate resources and expertise, and through technical skill, pre-construction know-how and performance capability, Lincoln’s team is able to anticipate project challenges and develop solutions that meet client objectives.