Dilweg lands Emory Nursing Hub and Simulation Center, Bringing Asset to 100% Leased
DURHAM, N.C. (July 1, 2020) – The Dilweg Companies (TDC) announced today that it has signed a nearly 70,000 square foot lease with Emory University’s Nell Hodgson Woodruff School of Nursing at 250 Ponce (250 E. Ponce de Leon) in Decatur, GA.
250 Ponce, owned and operated by TDC, is a 141,582 square foot office building that offers a Class A experience located only steps from the downtown Historic Decatur Square.
Decatur is an oasis of smart urban planning surrounded by top-ranked educational and medical facilities. Emory has contracted The Beck Group to renovate the space and design portions of four floors to focus on simulation, innovation, and team building. When finished, 250 E. Ponce will be home to the largest simulation center in Metro Atlanta.
“We are thrilled to welcome Emory Nursing to 250 Ponce. Emory School of Nursing plans to create the largest simulation center in Metro Atlanta to provide training and education to health care professionals,” said Jerry Banks, Managing Director of Asset Enhancement at The Dilweg Companies. “Adding this high-quality organization brings this asset to 100% leased and demonstrates the success of our strategy to transform and reposition this well-located Class A office asset.”
TDC originally purchased 250 E. Ponce in 2016 with plans to reposition the high-quality asset in the thriving submarket of Decatur and expand its Atlanta office footprint. TDC has successfully executed that vision by bringing 250 Ponce to 100% leased. Today, the firm currently owns and operates nearly 2.2 million square feet in Atlanta and 5.7 million square feet across the Southeast U.S.
Scott O’Halloran, Michael Tucker, and Scotland Wright of Scotland Wright Associates represented Emory School of Nursing in the lease negotiation. R. Kirk Rich and Chris Godfrey of Avison Young represented The Dilweg Companies and 250 Ponce in the deal.
About The Dilweg Companies
The Dilweg Companies (TDC) is a vertically-integrated real estate owner-operator founded in 1999 by Anthony Dilweg. TDC manages a portfolio of primarily commercial office assets valued at $1.1 billion including 24 assets with a total of 5.7 million square feet. Headquartered in Raleigh-Durham, TDC utilizes a strategic middle-market investment strategy to deliver long-term value to our investors and tenants across the rapidly growing Southeast U.S.
For more information, please call (919) 402-9100 or visit www.dilweg.com.
About the Nell Hodgson Woodruff School of Nursing
Emory University’s Nell Hodgson Woodruff School of Nursing produces nurse leaders who are transforming healthcare through science, education, practice, and policy. Graduates go on to become national and international leaders in patient care, public health, government, research, and education. The school also offers degree programs leading to certification as nurse practitioners and nurse-midwives. Graduates of the school’s doctor of nurse practice (DNP) program may go on to become nurse anesthetist and/or advanced leaders in health care administration. The school also maintains a PhD program in partnership with Emory’s Laney Graduate School. The school is a national leader in research funding and currently employs more than 120 full-time faculty members. Annual student enrollment is more than 1,000 across programs. For more information, visit nursing.emory.edu.