Implantable Provider Group to Expand and Relocate to Northwinds II
Atlanta-based, fast growth healthcare company will move in June 2009 to 14,000 square feet in North Fulton.
Press Release, April 28, 2009
ATLANTA – CresaPartners, an international corporate real estate advisory firm, represented Implantable Provider Group in negotiations for relocation of the headquarters to a new 13,936 square foot office in Northwinds II. Kevin Creel, Principal of CresaPartners, and Joe Grace, Vice President, assisted Implantable Provider Group in its decision to move to 2520 Northwinds Parkway, Suite 300, Alpharetta, Georgia 30009.
Implantable Provider Group assists medical providers in the management of high cost implantable devices, such as pacemakers, defibrillators, infusion pumps, spinal cord stimulators and orthopedic implants. The company’s Implantable Device ManagementSM (IDM) is the most comprehensive management system in the market for commercial payors to address the challenges of providing high-cost implantable devices. Implantable Provider Group streamlines the billing and reimbursement process and eliminates financial risks for its clients.
“Maintaining our North Fulton presence was important to our employees, but our growth plans could not be sufficiently accommodated at our current location,” said Michael Jones, founder and President & COO of Implantable Provider Group. “With CresaPartners’ assistance, we selected Northwinds II not only for the location but also because it fits nicely with our three to five year growth plan, as we fully expect to need additional space in the near future.”
“From our vast experience representing fast growth technology companies, we know that both costs and flexibility are crucial.” said Kevin Creel, Principal with CresaPartners. “Given the economy, the timing was right to negotiate a very favorably priced lease for Implantable Provider Group, with expansion rights to provide for future growth.”
Wes Hardy of Duke Realty Corporation represented the landlord, Duke Realty Limited Partnership. Northwinds Center features six buildings near GA 400 and Haynes Bridge Road and offers a comprehensive package of amenities, including two hotels, four banks, nine restaurants, two fitness facilities and a day care center.
About CresaPartners, LLC
CresaPartners is an international corporate real estate advisory firm that exclusively represents tenants and specializes in the delivery of fully integrated real estate services, including: Transaction Management, Project Management, Relocation Planning and Management, Strategic Planning, Site Selection and
Incentives, Subleases and Dispositions, Lease Administration, Capital Markets, and Facilities Consulting. With more than 50 North American offices, CresaPartners is one of the largest pure tenant representation firms in the U.S. and Canada. Through a partnership with Atisreal international real estate group, CresaPartners is a member of one of the leading real estate organizations in the world, covering 35 countries. For more information, visit www.cresapartners.com.
About IPG
Implantable Provider Group (IPG) works with commercial payors to manage all aspects of high-cost implantable medical devices. The company’s Implantable Device ManagementSM (IDM) solution simplifies the complex procurement, contracting and billing associated with these devices, thereby streamlining the process and normalizing costs for all parties, while also delivering many valuable ancillary capabilities. IDM also offers benefits for health care providers and manufacturers. IPG focuses on large, fast-growth device intensive markets, such as cardiology, neurology orthopedic and spine implants. Inc. Magazine recently ranked IPG as the sixth-fastest growing healthcare company in the country and the 138th fastest-growing overall. For more information about IPG, visit www.ipgsurgical.com.