Healthcare Provider to Move to The Offices at Prestonwood Place
January 25, 2021
Dallas – Transwestern Real Estate Services (TRS) announces Catapult Health, the leading national provider of employer-sponsored preventive checkups, has signed a new 30,656-square-foot office lease in The Offices at Prestonwood Place at 5294 Belt Line Road in Dallas. The company is relocating from its previous location at 8144 Walnut Hill Lane. Transwestern Principal Michael Griffin provided tenant advisory services to Catapult Health.
“Catapult Health is a mission-driven company that needed an equally inspiring office space to accomplish its goals,” said Griffin. “We’re so excited to deliver this custom-fit solution that will not only accommodate its growth plans, but also promote collaboration and communication among its employees with walkable amenities right outside the door.”
Prestonwood Place is a 133,353-square-foot, mixed-use development on a 16-acre site in the Addison submarket of Dallas. In 2020, the site was revamped with new office space and updated retail opportunities.
“Employee workspace expectations have been turned upside down over the past year,” said David Michel, CEO of Catapult Health. “Tall office buildings with crowded elevators and open floor plans have become pariahs. That’s why we challenged Michael Griffin and the Transwestern team to locate a new type of office where we can build our culture and community safely, a place where we can spread out and maintain connection. Prestonwood Place is perfect for our needs, and we are building a next-generation environment where our team members will eagerly return to work, innovate, laugh, eat and collaborate.”
Catapult Health is a national preventive healthcare practice that brings preventive checkups to the worksite at half the cost of what most practices charge for in-office checkups. Catapult Health is transforming the delivery of preventive and primary care through its VirtualCheckup™ and worksite checkup solutions. Both fully integrated digital offerings are available through employers and health plans nationwide.
In October 2020, Catapult Health announced a partnership with Quest Diagnostics, the world's leading provider of diagnostic information services, offering a collaboration designed to help organizations facilitate virtual telehealth access to clinical services for their employees and adult dependents, with emphasis on reducing risks related to preventable chronic diseases. The first-of-its-kind collaboration specifically focuses on helping employers create a highly convenient and safe way for employees to access thorough and guideline-driven preventive care and mental health support during the COVID-19 pandemic.
Trey Smith, Lauren Napper and Ward Eastman with CBRE represented the landlord, Northwood Investors LLC.
About Transwestern Real Estate Services
Transwestern Real Estate Services (TRS) adds value for investors, owners and occupiers of all commercial property types through a comprehensive perspective and by providing solutions grounded in sound market intelligence. Part of the Transwestern companies, the firm applies a consultative approach to Agency Leasing, Asset Services, Tenant Advisory + Workplace Solutions, Capital Markets, and Research & Investment Analytics.
The privately held Transwestern companies have been delivering a higher level of personalized service and innovative real estate solutions since 1978. An integrated approach formed from fresh ideas drives value for clients across commercial real estate services, development, investment management and opportunistic programs for high-net-worth investors. The firm operates through 34 U.S. offices and global alliances with BNP Paribas Real Estate and Devencore. Learn more at transwestern.com and @Transwestern.