Irvine, CA-based Healthpeak Properties is reportedly considering moving its headquarters. According to the Nashville Business Journal, the real estate investment trust is eyeing a move to Nashville, TN. Denver and Dallas are also under consideration by the firm, according to articles in the Dallas Business Journal and Denver Business Journal.
In addition, an article in the Denver Post on Saturday reported that the Colorado Economic Development Commission last week approved Healthpeak for up to $5.3 million in Job Growth Incentive Tax Credits if the REIT brings 166 net new full-time jobs to the state. Healthpeak reportedly applied under the codename Project Pegasus and noted that it expects the firm’s primarily executive-level jobs will pay an average annual wage of $425,213 a year.
“It would be the highest projected average annual wage if they move forward with Colorado,” Jill McGranahan, a spokeswoman for the Colorado Office of Economic Development & International Trade, told the Denver Post. According to the news outlet, Jim Croy, a senior vice president at Healthpeak, told members of the EDC that the company is “very interested in Colorado,” describing metro Denver as being closer to its markets and a better location than Irvine.
Last month, Healthpeak told investors that the firm may consider selling off its senior housing operator portfolio and triple-net lease assets, if the pricing is right.