Thursday, June 01, 2017

Medical device manufacturer to move headquarters to new Southlake building

Medical device manufacturer HeartSciences plans to relocate its headquarters into a newly completed building at Southlake Town Square.

The company has signed a lease for 4,634 square feet of office space in Granite Place I within Southlake Town Square at 550 Reserve St. in Southlake.
The newly completed office building will allow the HeartSciences' innovators a place to continue developing medical devices to offer affordable screening for heart disease, said Steve Thelen, a managing director in JLL's Dallas office.
The company's innovation blends with the rest of the tenant base in the growing Southlake submarket, he added.

Thelen and Kimarie Ankenbrand of JLL represented HeartSciences in its real estate deal. Burson Holman and Avery Bush represented the landlord, Plano-based Granite Properties Inc.

By the end of last year, the Westlake-Southlake submarket had the highest net absorption rate in Fort Worth with a 2.8 percent premium on office rents, according to JLL research.