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Johns Hopkins University Facility
(Building III)

Rockville, MD 20850

Acquired

7/16/2003

Location

Building III of the Johns Hopkins University Montgomery County Campus is located in Rockville, MD, one of the nation`s major medical and biotech research centers. Johns Hopkins University`s Montgomery County Campus (JHU MCC) serves 5,000 full and part-time students in more than 60 degree and certificate programs, and is a major area of expansion for the university.

Description

Building III of the JHU Montgomery County Campus is a modern office/R&D/academic building developed in 2004 by New Boston Fund and Spaulding & Slye Colliers, in collaboration with Johns Hopkins University. The 115,691 square-foot facility is a hybrid building that provides opportunities for collaboration among the university, federal research labs and the private sector. Approximately half of the L-shaped structure is devoted to academic uses for Johns Hopkins, while the remaining space is leased to scientific and technology-related companies that wish to partner or co-locate with the university. Features of the new building include wet labs, computer labs, meeting spaces and an expanded 1,000 square-foot campus bookstore.

Investment Rationale

Opportunity to develop a facility in collaboration with a major university, which will lease a significant portion of the building.
Very well located in one of the nation`s most important centers of medical and biotech research.
Significant demand in the market for quality space in close proximity to the university and the region`s established research institutions.
Opportunity to develop property with an experienced partner.



Fund Ownership

Fund V, Fund VI

Map

For more information regarding properties for sale, please email us at sales@newbostonfund.com or call 1.866.DIAL.NBF