By BROOKE WANSER
Boyle Investment Company recently added another notch to their belt by signing Aetna Health Insurance to a lease for space in the Berry Farms development in Franklin.
Currently located in the Cool Springs area, Aetna’s Franklin offices will consolidate in the Reams Fleming tract, east of I-65, in August of 2019.
Boyle owns three of the four quadrants surrounding the Goose Creek Bypass interchange off I-65; to the northwest is the Berry Farms Town Center, with the Tennessee Baptist Mission Board and Lee Company headquarters, as well as a mainly residential neighborhood with stores and restaurants.
To the south west is Chadwell, a tract not yet developed.
Boyle Marketing Director Kristin Cales said the company could not comment on the transaction until the lease is formalized in about a month.
Kristin Li, a communications consultant for Aetna, said the lease on the property at 1021 Reams Fleming Boulevard will include a three-story, build-to-suit building of 82,662 rentable square feet.
The new location will allow employees from the current office, located at 800 Crescent Centre Drive, and a temporary space on Meridian Boulevard, to integrate more fully. In total, Aetna plans to have 600 employees in the new location.
The Berry Farms space will be approximately 10,000 square feet larger than both their current locations, combined.
Li said Medicare will take up the majority of the site, which includes their HealthSpire subsidiary. Additional functions include Aetna Information Services, Finance, and Consumer Health & Services.
Based in Hartford, Connecticut, Aetna and its 48,000 employees was acquired by CVS Health this March for $69 billion.