"It will be our 26th medical center in the Washington-Baltimore area, and the fifth in Montgomery County," Kaiser's Susan Whyte-Simon tells GlobeSt.com. "It will primarily feature specialty care but we're planning to add primary care later on. We're trying to make specialty services more accessible to people in upper Montgomery County." The center will offer a pharmacy and lab services, as well. Located off I-270 in North Rockville, the two-story building has been under lease by MedStar for use as a Georgetown University practice location. While the lease terms were unavailable, records show that the now 32-year old building was purchased in 2000 for $12.5 million.
While the space has been vacant for sometime, Whyte-Simon says, "When we went into the building, it was just what the doctor ordered." She adds that there is ample space for services as well as abundant parking for patients. Grubb & Ellis represented Kaiser in the transaction, and Transwestern stood in for the leaseholder.
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.
