VOL. 123 | NO. 29 | Tuesday, February 12, 2008
Memphis Real Estate Recap
Trumbull to Move Pathology Lab to Wolf River Medical Arts Bldg.
7550 Wolf River Blvd.
Germantown, TN 38138
Permit Cost: $1.4 million
Project Cost: $1.4 million
Permit Date: Applied February 2008
Completion: Summer 2008
Owner: Cypress Realty Holdings Co.
Tenant: Trumbull Laboratories LLC
Architect: TRO (for the Trumbull build-out)
Contractor: Standard Builders Inc. (for the Trumbull build-out)
Details: Tenant build-out for Trumbull Laboratories LLC's new pathology laboratory. Trumbull, which will occupy all of the second floor and a small part of the first floor of the Wolf River Medical Arts Building at 7550 Wolf River Blvd., will lease the space from Memphis-based Cypress Realty Holdings Co.
The Medical Arts Building is a two-story Class A building on the north side of Wolf River Boulevard just west of Germantown Parkway. The 44,000-square-foot building was designed by The Crump Firm and the general contractor for the whole building is Grinder Taber Grinder. Construction on the building is expected to be complete in the second quarter, with work on Trumbull's space starting in March and wrapping this summer.
Founded in 1998, Trumbull Labs provides anatomic - or tissue - pathology services for doctors and hospitals, said executive director Norman Hill. Most of the company's 100 employees are in Trumbull's current headquarters at 6046 Knight Arnold Road, Suite 101, with about 15 working within area hospitals. "We're kind of on top of one another right now," Hill said of the company's current 16,000-square-foot space. At 23,000 square feet, Trumbull's new facility will allow them to spread out and increase capacity. The company already processes samples numbering in the hundreds of millions each year.