75,000 SF Medical Office Two-Thirds Full

WESTMINSTER, MD-Trammell Crow Co. and Dallas-based Partners Health Trust have broken ground on a new 75,000-sf, three-story medical office building for Carroll Hospital Center. The $18 million building will be located on the hospital campus on Stoner Ave.

When the building delivers next fall and is stabilized, its partner will take majority ownership, Jennifer Dresback, vice president with TCC, who is responsible for leasing, tells GlobeSt.com. “The expectation is that it won’t be released to the market” for sale. Also, the doctors that will occupy the building have an opportunity to purchase equity in it as well, she adds. The building will have suites ranging from 2,000 sf to 25,000 sf, and a two-level parking garage.