-- Lynch Regenerative Medicine, LLC (LRM), a biotech company focused on developing products for the aesthetic medicine and skin regeneration market, has signed a lease for approximately 23,000 square feet at Two Greenway in Franklin, TN marking a major expansion from its previous home at Innovation Park in Franklin. The new footprint includes more than 7,000 square feet of laboratory space—an increasingly rare find in the Middle Tennessee commercial real estate market.
The transaction was brokered by Eric Elmquist, principal at Covalent Properties, a middle Tennessee real estate advisory firm with specialized experience in addressing the needs of science and technology tenants. Elmquist was tasked with identifying a space that could support a laboratory buildout despite limited existing lab infrastructure in the Cool Springs submarket.
“This market isn’t built for lab users—at least not yet,” said Elmquist. “But when a company like Lynch Regenerative Medicine is growing and needs highly specialized space, it’s our job to make the deal work. That meant finding a landlord willing to think creatively and build something new within a conventional office market.”
“Our move to Two Greenway reflects the momentum we’re experiencing as a company,” said Dr. Samuel Lynch, founder and CEO. “Eric and Covalent Properties were essential to this transition. They understood our technical needs and navigated the market on our behalf, ultimately delivering a solution that positions us for the next stage of growth.”
Two Greenway, located on Innovation Drive and operated by Boyle Investment Company, is a Class A office development that will now house one of the region’s newest lab-enabled suites. While the building was not originally built for lab use, the first-floor location allowed for upgrading the necessary infrastructure.
For Covalent Properties, the deal and lab space buildout underscore its experience solving the unique challenges of science-forward companies as they find and build out space in emerging innovation ecosystems like Middle Tennessee.
“The future of our region depends on the success of companies like LRM,” said Elmquist.
“We’re proud to play a role in creating room for that success.”
About Covalent Properties
Covalent Properties is a commercial real estate advisory firm headquartered in Franklin, specializing in science, tech, and innovation tenants. From site selection to lab planning, Covalent delivers tailored, forward-thinking solutions in competitive markets. More at https://www.covalentproperties.com.
About Lynch Regenerative Medicine
Lynch Regenerative Medicine is a Franklin-based biotechnology company pioneering new approaches in tissue engineering and regenerative science. Learn more at https://www.lynchregen.com and ariessence.com.
Contact Info:
Name: Eric Elmquist
Email: Send Email
Organization: Covalent Properties
Website: https://covalentproperties.com/
Release ID: 89165295
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