Rockville, Maryland, April 2, 2013 - Lerner Enterprises, Washington, D.C.’s largest private real estate developer, announced today Fallsgrove Plaza, a five-story state of the art Class A 110,000 square foot medical | office building, has topped out in vertical construction and is on pace for occupancy for late 2013. The building is located at the intersection of Shady Grove and Blackwell Roads in Rockville, Maryland within the award-winning Fallsgrove master planned community. The building is also strategically located across from the region’s leading hospital and life science centers, Shady Grove Adventist Hospital and the Shady Grove Life Sciences Center. The new building is designed for LEED® Gold certification and will include ‘Green’ building features not found in other medical buildings in Rockville. HITT Contracting of Falls Church, Virginia is the general contractor for the project.
David A. Gittleson, Nicholas M. Zuppas and Peter G. Papantoniou of Gittleson Zuppas Medical Realty of Bethesda, Maryland (gzrealty.net) have been selected to head medical office leasing for the new building. Lerner is leasing the 16,000 square feet of ground level retail space with Shady Grove Road frontage within Fallsgrove Plaza.
“We are currently in negotiations with a lead tenant and the overall interest from prospective tenants in Fallsgrove Plaza has been very exciting,” stated David A. Gittleson of Gittleson Zuppas. “Our future tenants will be very pleased with the finished product in this state of the art building and will enjoy its first class amenities and proximity to the hospital, shopping and dining,” he added.
Donnally Vujcic Associates (DVA-Arch.com) of Gaithersburg, Maryland designed the building to meet LEED® Certification Gold. The new building will be within walking distance to Lerner’s other projects including the award-winning Fallsgrove Village Center (FallsgroveVillageCtr.com), a community shopping center featuring Safeway plus 30 shops and restaurants; the award-winning fully leased Class A Fallsgrove Village Office Center (FallsgroveOffice.com); and the Fallsgrove Hilton® Garden Inn (RockvilleGaithersburg.HGI.com) and Fallsgrove Homewood Suites Hotels (RockvilleGaithersburg.homewoodsuites.com).
'GREEN' BUILDING FEATURES AND OTHER PROJECT AMENITIES INCLUDE:
For additional information on Fallsgrove Plaza, please visit FallsgroveOffice.com.
The Fallsgrove master-planned development is a 257-acre community located on the former Thomas Farm in Rockville, Maryland off Shady Grove Road. Within the development is the Fallsgrove Village Center, which includes 150,000 square-feet of retail space, residential dwellings that include single-family homes, town-homes, courtyard homes and low-to-mid-rise multifamily units, the Fallsgrove Hilton® Garden Inn and Fallsgrove Homewood Suites Hotels, Fallsgrove Village Office Center and over 850,000 square-feet of office space. Lerner’s developments within Fallsgrove include retail, office and hotel components.
About Lerner Enterprises
Lerner Enterprises (Lerner.com) of Rockville, Maryland, founded by Theodore N. Lerner in 1952, is Washington, D.C.'s largest private real estate developer and is involved in all phases of commercial, residential, retail, hotel and mixed-use real estate. This includes planning, development, construction, leasing and asset and property management. Lerner has developed and currently manages more than 22 million square feet of office buildings, retail centers and residential communities. Lerner's office portfolio is comprised of many well-known developments including: The Corporate Office Centre at Tysons II (Tysons2.com), Tysons Corner, VA; 2000 Tower Oaks Boulevard (TowerOaks.com) with LEED® Platinum Certification, Rockville, MD; The Corporate Office Park at Dulles Town Center (DullesTownCenter.com), Dulles, VA; Washington Square (WashingtonSquareDC.com), Washington, D.C.; Fallsgrove Village Office Center (FallsgroveOffice.com), Rockville, MD; White Flint North, North Bethesda, MD; 20 M Street, SE (20MStreetSE.com) with LEED® Gold Certification, Washington, D.C.; 1133 Connecticut Avenue, NW, Washington, D.C.; Flint Hill Park (FlintHillOfficePark.com), Fairfax, VA; and 7799 Leesburg Pike, Falls Church, VA, among many others.