esrp Secures 67,000 SF Office Relocation for Paragon Healthcare in Plano, Texas

12/31/19

esrp, a premier commercial real estate brokerage focused on tenant advisory services, has secured a new 67,000 square foot office for Paragon Healthcare in Plano, Texas.

A market-leading specialty infusion provider currently based in Dallas, Paragon Healthcare will relocate its home office to Plano, along with its pharmacies and a reimbursement office. Nearly 275 employees currently based in Dallas will relocate with this move. The company also plans to create over 75 new positions by 2021 that will be based out of its new location. Located at The Apex Building at 3033 W. Bush Turnpike, the new facility will support the company’s continued growth and focus on people. “We are excited to give our employees a beautiful, updated workspace complete with an employee lounge area, fitness facility, café, and plenty of training and conference rooms,“ said Rick Allen, RPh, President and CEO of Paragon Healthcare.“We know that if our people are taken care of, they will take care of our patients, and that’s been our mindset since the beginning.”

“We are proud to partner with esrp in our strategic expansion. As we continue to make the necessary investments to enable the growth and success of our company, esrp guided us in finding a strategic location that would meet our needs for the next decade,” said Joe Brayton, EVP and Chief Strategy Officer at Paragon Healthcare. “This new facility will enable us to substantially expand the company’s offerings, as we move into our next stage of growth and expand our national footprint.”

The property is owned by Dallas real estate investor and developer Champion Partners. Brad Struck, SIOR; Darren Woodson and Roy Reis of esrp represented the tenant in lease negotiations, and Nathan Durham and Duane Henley of Transwestern represented the landlord. Incentive negotiations with the City of Plano were handled by Susan Arledge of esrp.

“It is a privilege to work with Paragon Healthcare to secure a new location that enables growth and enhances their workplace and culture,” said Brad Struck, SIOR, Executive Managing Director & Partner at esrp.“With a mission on People, Purpose and Passion, we knew that Paragon’s commitment to its people, its patients and to North Texas was paramount. esrp is proud to serve such an innovative company in finding a new office that can deliver on that,” added Darren Woodson, Partner at esrp.

About Paragon Healthcare

Paragon Healthcare, Inc. is a market-leading provider of infusible therapies who serve patients beyond the hospital setting in the patient’s home or in one of the company’s infusion centers. Founded in 2002, the company offers state-of-the-art pharmaceutical services to patients with chronic health conditions and those in need of post-acute care. Paragon Healthcare, demonstrating purpose and passion for people through their patient care, employee approach, and in everyday interactions, keeps people at the center of everything they do.

To learn more, visit www.ParagonHealthcare.com or follow them on Facebook www.facebook.com/paragonhealthcareinc.

About esrp

esrp is a tenant and buyer focused commercial real estate company based in Dallas/Fort Worth, assisting clients in over 40 countries. Founded in 2013, esrp was established to focus solely on the needs of tenants. The company does not lease, own or manage properties. As a result, esrp are conflict-free and simply represent tenants. All day, every day.

esrp services clients through Tenant Advisory, Site Selection, Financial Analysis, Portfolio Management, Lase Administration, Market Research, Project Based Consulting, Economic Incentives and Project Management. To learn more, visit www.esrp.com or follow on social media:

LinkedInwww.linkedin.com/company/esrp

Facebookwww.facebook.com/esrp.cre

Instagram: @esrp_cre

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