GAITHERSBURG, MD – Scheer Partners, the leading provider of fully integrated commercial real estate services for the health science industry in the Washington and Baltimore metropolitan areas, announced today that the Casey Health Institute has engaged the Rockville-based company to market the vacant 31,150 square feet of medical-office space at 800 S. Frederick Ave., a 72,395-square-foot property in Gaithersburg.
Completed in 1990, the Gaithersburg property features an atrium, balconies, a fitness center and abundant surface parking. The building is centrally located in Montgomery County, just north of Shady Grove Road and near Interstates 270 and 370, giving tenants direct access to the Intercounty Connector to Prince George’s County, as well as the growing business community in Frederick. Additionally, it is within a short distance of the Shady Grove Metro station.
Originally developed by Mrs. Eugene B. Casey as a Class-A office building serving the general Gaithersburg submarket, the property has been repurposed as a health-care facility owned and operated by the Casey Health Institute Foundation.
Several years ago, Mrs. Casey donated the property to become the home for the newly created non-profit, the Casey Health Institute, whose mission is to provide holistic, fully integrated primary care.
“Taking care of the whole person in terms of their physical and emotional needs in as minimally invasive a way as possible is what has gone lacking in health care today. Marrying technology with the human relationship makes sense and is cost effective,” says co-founder Dr. Ilana Bar-Levav.
“This integrative approach involving both traditional medicine and complementary practices, like acupuncture and chiropractic, emphasizes preventative medicine in a patient-centered, team approach. This is the direction that health care is going in our country,” adds Dr. David Fogel, her husband and the institute’s co-founder.
The Casey Health Institute is the largest tenant in the building and recently occupied fully renovated state-of-the-art space, which includes a wellness and yoga center, terrace patios, and a soon-to-get-renovated “healthy food” café and cooking school. The exquisitely landscaped gardens clearly establish the Casey Health Institute facility as a unique opportunity ideal for holistically aware physician practices.
Scheer Partners Senior Vice President Nate Crowe and Kevin Rosenberg, a commercialassociate with the firm, are handling the leasing responsibilities.
“We’re looking for physicians, nurse practitioners and complementary health-care professionals who are drawn to the potential of collaborating together. Drs. Fogel and Bar-Levav are looking to create an interactive ‘medical neighborhood’ between the Casey Health Institute and its health-care tenants and neighbors,” Crowe says.
About Casey Health Institute:
Founded in 2011 as a 501(c)(3) organization, the Casey Health Institute is a center for primary care and wellness that accepts all major insurance and offers an enlightened approach focusing on the unique health needs of each person. The institute’s team of integrative practitioners works with each patient to devise customized care plans and monitor progress.
About Scheer Partners:
Founded in 1991, Scheer Partners is a full-service commercial real estate firm headquartered in Rockville, Md. With a focus on the greater Washington and Baltimore regions, Scheer Partners’ fully integrated services include tenant and landlord representation; strategic planning consulting; facilities and management; and investment sales, acquisitions and development. While the firm works with clients across all industry types, Scheer Partners is the recognized leader serving the health-care market, with more than 500 successful projects in this sector. Scheer Partners is the operations manager for Montgomery County's technology incubator program, which has more than 160 tenants, and is co-manager of the Greater Washington Life Sciences Fund. The company’s Web site is www.scheerpartners.com.