Flagship Leases Out Charlotte Medical Office Building

By Eric Althoff

CHARLOTTE, N.C.—Flagship Healthcare Properties, based in North Carolina’s largest city, has successfully leased out its medical office building at 1900 Scott Avenue, thereby returning the medical office building (MOB) facility to 100 percent occupancy.

The entire first floor of the MOB will be rented out by national healthcare provider Veritas Collaborative, a firm that specializes in the treatment of eating disorders. Just one floor up from Veritas, Atrium Health has signed a lease for the building’s entire second floor, where it will open a new practice in pediatrics. The two-story, 17,272-square-foot class “A” MOB at 1900 Scott Avenue is situated less than a mile from Atrium Health’s Carolinas Medical Center.

“Veritas Collaborative is thrilled to have a permanent space to serve persons with eating disorders and to have a central location that is easily accessible,” Dr. Preeti Matkins, executive director of Veritas Collaborative Charlotte, said in a recent statement. “Being close to medical hospitals and to food service were major factors in choosing this site.”

The 1900 Scott Avenue MOB space offers on-site building signage, access to all of the major interstate highways in the Charlotte region as well as a surface parking ratio of five per 1,000.

“I am very pleased to have secured these two leases in the dynamic Midtown submarket,” said Reed Griffith, partner and executive vice president of leasing and brokerage for Flagship. “We now have a strong tenant mix to continue the legacy of healthcare services at 1900 Scott Avenue.”

The negotiators who worked on the lease deal entailed Sue Back with Davis Moore representing Veritas Collaborative and Marshall Williamson of Lincoln Harris working on behalf of Atrium Health. Flagship’s own Reed Griffith represented the landlord on both lease deals.

Flagship manages nearly 4 million square feet of healthcare real estate across at over 150 properties and has also developed or acquired properties valued at over $600 million.