News Release: NexCore completes development of the Medical Office Building at Holy Cross Germantown Hospital

HolyCrossGermantown1024x683The MOB, which is directly connected to Holy Cross Germantown Hospital, is needed to meet the increased demand for healthcare services in this fast-growing region of Maryland

GERMANTOWN, Md., and DENVER, Colo., Dec. 30, 2015 – NexCore Group, a national healthcare real estate developer, announced that it recently completed the 80,000 square foot, four-story Medical Office Building (MOB) at Holy Cross Germantown Hospital, which is about 20 miles northwest of Bethesda, Md.

The MOB is connected to the 93-bed hospital, which opened in October 2014, and a 696-space parking garage.

Hospital officials say the MOB, which opened this summer, was built to respond to the need for additional healthcare services in the fastest growing and aging region of Montgomery County.

“Our new Holy Cross Germantown Hospital – the first to be built in Montgomery County in 35 years – is providing much needed, high-quality healthcare services to area residents,” says Kevin J. Sexton, President and CEO of Holy Cross Health. “The new medical office building is also offering a wide array of medical services and we’re confident that it will play an important role in meeting the healthcare needs of the community.”

“We’re proud that we’ve been able to develop a Class A medical office building on the campus and bring the new facility to market quickly,” says Jarrod Daddis, NexCore Managing Principal. “The new hospital and Medical Office Building are definitely a community asset.”

NexCore and Holy Cross Health collaborated to ensure this high-quality building had all the amenities necessary for tenants and patients alike. NexCore has leased space in the new building to multiple physician practices and complementary services including lab, pharmacy, and imaging.

The MOB was developed to Leadership in Energy and Environmental Design™ (LEED) standards and is now the first LEED-certified outpatient center in the city. The MOB features high-efficiency air handling units, a lighting control system, and a green roof which provides benefits such as filtering pollutants from air and rainwater, insulating the building from outside noise and creating natural habitats.

Fact Sheet

Medical Office Building at Holy Cross Germantown Hospital

  • Location: 19851 Observation Drive, Germantown, Md. 20876
  • Size: Four stories, 80,000 square feet
  • Construction Start: July 2014
  • Construction Completion: July 2015
  • Developer: NexCore Group LLC, Denver
  • Owner: HCH MOB LLC
  • Client: Holy Cross Germantown Hospital (a unit of Trinity Health)
  • Architect: Hord Coplan Macht Inc., Baltimore
  • Construction Manager: Whiting-Turner, Baltimore
  • Property Manager: NexCore Properties LLC, Denver
  • Asset Manager: NexCore Properties LLC, Denver

About NexCore Group LLC

In 2004, NexCore Group was formed to focus exclusively on the development, acquisition, and management of healthcare real estate for health systems, hospitals, and physician groups. Since that time, NexCore has grown into a 63-person company that has been recognized repeatedly as one of the Top Healthcare Real Estate Developers in the U.S. by Modern Healthcare magazine. NexCore provides a full spectrum of services that includes strategic and business planning, development, acquisition, ownership, financing, leasing, property management and asset management. The company’s portfolio includes 5.5 million square feet of healthcare development and acquisition projects.

The company is headquartered in Denver, Colorado, and as the company continues to grow so does its geographic reach. Over the last several years, NexCore has opened regional offices in Chicago, Ill., Bethesda, Md., Portland, Ore., and Orlando, Fla. to expand its capacity across the country. For more information, please visit Media contact: Tracy Hindman, Marketing Director, 303-244-0700.

About Holy Cross Health

Holy Cross Health is a Catholic, not-for-profit health care system dedicated to improving the health of our community. Holy Cross has been a steward of the diverse community’s health for more than 50 years – earning the trust of area residents.

Holy Cross Health has grown from a single hospital, Holy Cross Hospital located in Silver Spring, Md., into a system of hospitals and health services in locations throughout the community. This includes Holy Cross Germantown Hospital, the first new hospital in Montgomery County in 35 years; Holy Cross Hospital, which includes Holy Cross Health Centers, Holy Cross Health Partners Primary Care Practices at Asbury Methodist Village and in Kensington, community health, and wellness programs.

Holy Cross Health is a member of Trinity Health of Livonia, Michigan, one of the largest health systems in the country. For more information, visit

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