Tuesday, July 31, 2018

United Therapeutics acquires additional property in downtown Silver Spring

One of the very few bright spots in the moribund Montgomery County economy, United Therapeutics, has just upped its investment in downtown Silver Spring. Just as its ambitious Unisphere campus expansion nears completion, the biotech firm has acquired an additional piece of property.

United Therapeutics purchased a low-rise office building at 8808 Cameron Street on June 25 for $2,600,000. This gives them an additional 7256 SF of expansion space, adjacent to their existing campus. The purchase certainly portends continued growth by United Therapeutics, some much needed optimism in a downtown still reeling from the news that Discovery was relocating the bulk of its Silver Spring offices to Knoxville, Tennessee.

Meanwhile, look at the 3000 solar panels going onto the Unisphere facades. Along with deep geothermal wells under the buildings, the Unisphere is designed to have a net zero carbon impact on the environment.













1 comment:

  1. We're "reeling?" That's news to the people who live here.

    ReplyDelete