1775 W Oak Commons Ct
Marietta, GA 30062
Corporate Office HQ - Single-Tenant · Office Property For Sale

Stan Johnson Company is pleased to represent the owner in the sale of the Corporate Headquarters for MiMedx Group Inc., a single-tenant office building totaling 79,854 square feet located on 7.2 acres in the East Cobb Submarket of Northwest Atlanta. The property is 100% leased to MiMedx Group Inc.,a global leader in processing, marketing, and distributing tissue grafts and biomaterials for regenerative wound care. Their solutions greatly improve the healing of patients and their quality of life, and allows medical personnel to provide rapid and effective treatment. The company is traded on the NASDAQ under the ticker MDXG, with a market cap of over $1B and a net worth of over $133MM. The facility houses all corporate functions, as well as laboratory space used for research, development, and processing. MiMedx recently extended the lease and has spent approximately $1MM in improvements to accommodate their growing product lines. Recent Landlord improvements include a new roof, and the parking lot is currently being resurfaced and expanded to accommodate MiMedx growth. Atlanta is the ninth-largest MSA in the country, with a population of over 5.7 million. A major world city, the Atlanta area is the largest office market in the Southeast. Atlanta is a major travel and trade hub, with a fully diversified economy based in transportation, freight, business services, health services, manufacturing, and the financial sector. Atlanta boasts 18 Fortune 500 headquarters, and is home to Atlanta Hartsfield-Jackson International Airport, the single busiest airport in the world. Metro Atlanta was the 4th largest-growing metro in the country in 2016, with population climbing at a solid 1.6% from 2015. Atlanta is home to a growing biomedical/technology industry; and is poised to become a major technology hub nationally. According to Forbes, total tech jobs have grown 46.7% since 2010, 20 percentage points above the national average. This growth environment can be credited to the diverse community, strong college systems, including Emory, Georgia State and Georgia Tech, and various public and private sector accelerators. As a result, the city is home to over 500 firms in the medical device sector, representing 25,000 employees.