Healthways Commissions $60 Million HQ Build-to-Suit Near Nashville

Commercial Property News - May 05, 2006

Highwoods Properties Inc. will develop the new corporate headquarters for Healthways Inc., the largest provider of specialized, comprehensive health and care support programs and services. Highwoods will construct a five-story, 255,000-square-foot Class A office building, which will also have a structured parking, on a 14-acre lot of land in Cool Springs, a submarket of Nashville, Tenn., which Highwood owns. Upon its completion, the building will be 100 percent occupied by Healthways under a long-term lease agreement.

The estimated construction cost for the project is $60 million. Construction is scheduled to begin in the fourth quarter of 2006 with an estimated completion date of late 2007 or early 2008. Sphere: Related Content