Location

9609 Medical Center Drive
Rockville, MD 20850

Project Type

Government Office Build to Suit

Project Details

588,000 sf office space
10,000 sf retail space
1,900 covered parking spaces

Project Team

The JBG Companies
James G. Davis Construction Company

Architect

HOK Washington, DC

Completed

2012

During their time at The JBG Companies, NRP principals successfully competed for a major pre-lease requirement involving the National Cancer Institute (NCI). The project team successfully navigated the demands of multiple stakeholders and provided NCI an ideal location in the Johns Hopkins Campus in Montgomery County’s Shady Grove Life Science Center. The dynamic design of the building and floor plates were planned for optimal efficiency and flexibility to accommodate NCI’s rapidly changing needs. This design flexibility proved quite beneficial when the Tenant’s data center requirements increased to exceed base building specifications, thus requiring the addition of larger generators and increased capacity for chilled water storage. NRP’s team skillfully accommodated these changes, delivering the building 76 days ahead of schedule and 3% below the original project budget. The project was financed in an innovative fashion by Raymond James using Taxable Lease Revenue Bonds which were rated by Standard & Poors.

NRP Role: Development, Construction + Leasing

Awards and Recognition

2013 — NAIOP MD/DC Awards of Excellence: Best Suburban Office over 4 stories

2013 — American Society of Interior Designers: Commercial: Corporate Office

2011 — Maryland/DC NAIOP / Awards of Excellence: Best Real Estate Transaction - Tenant Lease

2011 — Washington Business Journal Best Real Estate Deals: Suburban Office Lease