ATLANTA-Locally based Resurgens Orthopaedics, a consolidation of six area orthopaedic practices throughout greater Atlanta, has expanded to 12,500 sf on the top floor of the Downtown 14-story Emory Crawford Long Medical Office Tower completed in January.

Locally based Cousins Properties declined to provide with rental rates. But area brokers tell on condition of anonymity the average full-service asking rent is $24.50 per sf. That would make the lease worth $3 million, based on a $24-per-sf rent, area brokers tell

Cousins developed the 358,000-sf tower on Peachtree Street at the same time it was redeveloping the 500,000-sf Emory Crawford Long Hospital. The developer would not disclose the tower’s occupancy rate, estimated by area brokers at 75%.

Resurgens, founded in mid-1999, has 68 physicians at 23 Atlanta area locations. It is affiliated with Brentwood, TN-based OrthoLink Physicians Corp., a network of orthopaedic clinics and surgery centers operating in six states.

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