Foulger-Pratt sells Silver Spring medical office building

Medical office building photo by Mike Diegel.

Local developer Foulger-Pratt has sold a medical office building that is part of the campus of Holy Cross Hospital.

The Class A office space, located at 1400 Forest Glen Rd., was purchased by Nashville-based Healthcare Realty for a reported $24 million.

This is the second D.C.-area medical office building the company has purchased in the D.C. area.

The 64,000 square foot building was built in 2004 in a joint venture between Foulger-Pratt and a global real estate investment management firm. It houses women’s health care providers, such as Maryland Perinatal Associates and Capital Women’s Care, among other offices.

The sale, which was a private transaction, was first reported by Bisnow’s Washington edition.

In Silver Spring, Foulger-Pratt developed Downtown Silver Spring, The Citron apartments, The Bennington apartments and the Silver Spring Transit Center, among other projects.

Read More:
Police Seek Help Identifying Suspect in White Oak Carjacking

Follow Source of the Spring on FacebookInstagramLinkedIn, and Twitter. Send us News Tips here, sign up for our free Weekly Emails here, and learn how to Support Our Work here.