Covalent Properties Secures Verici Dx as Second Major Lease for Innovation Park Project News provided by Share this article Share this article FRANKLIN, Tenn., May 20, 2021 /PRNewswire/ -- Covalent Properties, the leading middle-Tennessee provider of science-specific real estate services has secured a 3,792 square foot lease for Verici Dx, a developer of advanced clinical diagnostics for organ transplant. The space is intended to house its upcoming CLIA-certified lab space as it prepares to launch two major products through an accelerated pipeline later this year. The company's expansion into Franklin signals a strong belief in the area's ability to provide both an available workforce and the necessary infrastructure to deliver a successful clinical environment. "We picked Franklin as the host for our expansion because it has a number of critical site elements we're looking for," says Dave Schultenover, VP Quality and Regulatory Affairs. "As we develop our clinical and lab presence, we expect Cool Springs and the surrounding areas to help us thrive." The company is already occupying space and expects the full lab facility to be operational by August.