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GCDC approves lease changes for medical tenant, greenlights three-year lease for larger suite

Greenwood Community Development Corporation · February 24, 2026
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Summary

The Greenwood Community Development Corporation approved an addendum terminating a medical tenant's lease for Suite 335 and approved a new, three-year lease for Suite 325, effective March 1. The transcript contains inconsistent tenant names (Lanter Medical and Jack Blackton Medical).

The Greenwood Community Development Corporation voted Feb. 24 to approve an addendum terminating the lease for a medical tenant in Suite 335 and to authorize a new lease for Suite 325, which the board said would take effect March 1 for three years.

Speaker 1 introduced the items, saying the tenant would move from Suite 335 into the larger Suite 325 and that the addendum would terminate the existing Suite 335 lease. Speaker 2 said the termination required board approval. "I request a motion to approve the office lease with Jack Blackton Medical at Suite 325," Speaker 1 said. Speaker 2 seconded, and the board approved the measures by voice vote; the transcript records 'aye' responses but does not include a named roll-call tally.

The record describes the new lease as "the same lease" but also says the larger space may carry a slightly higher dollar amount; no dollar figures were specified in the transcript. The tenant name is inconsistent in the record: the item was introduced as an "office lease with Lanter Medical" earlier in the meeting and later described by Speaker 1 as "Jack Blackton Medical," so the transcript does not provide a single authoritative tenant name.

The board did not attach additional conditions to the approvals in the portions of the record provided. The lease for Suite 325 is scheduled to begin March 1 and to run for three years, per the discussion recorded in the meeting.

The meeting moved on to other business after the vote.