Lincoln Property Company Southeast and TerraCap Announce Completion of Laboratory at Cobb Corporate Center

Lincoln’s construction management team worked on behalf of building owner TerraCap
Lincoln Property Company Southeast and TerraCap Announce Completion of HealthTrackRx’s Infectious Disease Laboratory at Cobb Corporate Center
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A Lincoln Property Company Southeast 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.

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“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 in a statement. “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.

Lisa Hay

Lisa is a staff reporter for What Now Media Group. She covers new restaurant, retail, and real estate openings across all of our markets. A true foodie, this Air Force veteran has lived all over the world — from Aviano, Italy to Nairobi, Kenya — but her favorite spot is NOLA for its rich history, architecture, culture, and of course, its good eats.

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