Treace to Build-Out Second Floor at Nocatee HQ After Receiving City Permit

Treace Medical Concepts Inc. is building-out about 31,000 square feet on the second floor of its four-story headquarters building in Nocatee, Florida. The project cost is $2.34 million, and Tenant Contractors Inc. is the builder. Treace previously leased 23,060 square feet for its headquarters in Nocatee, and the company entered into a 10-year triple-net lease agreement for a new 125,562-square-foot headquarters building in Ponte Vedra. Treace Medical Concepts completed its initial public offering in April 2021 and priced a secondary offering of about 4.8 million shares in February 2023 at $21 each.