Thank you for sharing!

Your article was successfully shared with the contacts you provided.

NASHVILLE-The local office of Colliers Turley Martin Tucker has negotiated a new office lease for Emdeon Inc. for 34,200 square feet at Airpark Center East. The 15-year lease is valued at more than $8.5 million and is being hailed as the largest local office deal this year.

Emdeon, a healthcare payment processor that went public earlier this year, plans to move its data center from its former corporate headquarters at One Century Place, where its current lease is set to expire at the end of 2010. The company last year consolidated its operations at Donelson Corporate Center from five different locations in the Nashville area.

Joel McAlister, a vice president and principal with Colliers TMT’s Nashville office, represented Emdeon in lease negotiations with Airpark Center East’s owner, Solomon Airpark LLC. McAlister also represented Solomon Builders in the original $1.2-million purchase of 21 acres just east of Nashville International Airport for the business park.

Solomon will use approximately six acres for the build-to-suit Emdeon data center, which is scheduled for completion by the end of 2010. The new center is intended to increase efficiency and security while supporting Emdeon’s projected growth.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.