Facility is fully occupied by Maryland county’s only hospital, Frederick Memorial
Name: FMH Crestwood
Address: 7211 Bank Court
City: Frederick, Md.
Total leasable square feet: 62,297
Number of floors: 2
Number of tenants: 1
Year built: 2010
Lease terms: 10, 14 years
Lot size: 5.16 acres
Parking ratio: 5/1,000 square feet
Seller: Original developer
Brokers: Mindy Berman, Steven Leathers, Brannan Knott, Daniel Turley
In Frederick County, Md., one hospital dominates the marketplace. In fact, the 309-bed Frederick Memorial Hospital, just north of the city of Frederick’s downtown, is the only hospital in the county as well as the only acute care facility within a 25-mile radius. As a result, the hospital has a 74 percent market share in its primary service area, which is about 45 miles northwest of Washington, D.C., and 50 miles or so west of Baltimore.
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