Expansion Prompts Relocation of Headquarters

May 1, 2019 – Falls Church, VA:  Capital Caring, one of the largest non-profit providers of advanced illness care in the nation, will relocate its headquarters to 3180 Fairview Park Drive, known as 80 at Fairview, later this year in the wake of major expansion and the addition of new services.

“I’m excited to share that we will be bringing all of our headquarters operations under one roof in a state-of-the-art facility,” said interim President and CEO Tom Koutsoumpas at the signing of a 15-year lease. “Increasing efficiency is a goal of all healthcare organizations and consolidating our operations is an advantage.”

80 at Fairview recently underwent a transformational capital improvement campaign led by its new owners, an affiliate of Marcus Partners.  The property features a new eatery with outdoor seating, high-quality fitness club and yoga studio, modern renovated lobby, stadium-style auditorium, and a dynamic outdoor environment with communal gathering spaces.

“We are pleased to begin our long-term partnership with Capital Caring,” said Andrew Dolinsky, Principal and Regional Director of Marcus Partners’ Metro Washington D.C. office.  “80 at Fairview is a unique work environment that both fosters employee well-being and simultaneously offers the cutting-edge technology and amenities you would find in an urban office tower. We are thrilled to be part of the next stage of growth for this tremendous organization.”

The new headquarters will contain over 50,000 square feet of space, a significant expansion from Capital Caring’s current 31,000 square foot headquarters, located at 2900 Telestar Court. Adjacent to the Mosaic District, 2900 Telestar Court will be sold in the future.

“Capital Caring is dedicated to supporting the needs of our region’s growing population of seniors and those with advanced illness. We have already experienced significant growth this year and with the launch of several new initiatives this Fall, we needed more space,” said Koutsoumpas.

Additional satellite offices providing care and support to patients and families are located throughout the District of Columbia, Prince George’s County in Maryland and Northern Virginia.

Capital Caring’s mission is to provide the highest quality advanced illness care with dignity, respect and compassion. Since our founding in 1977, we have grown into one of the largest and most experienced nonprofit providers of hospice care, palliative care and bereavement counseling services in the nation. In 2018 alone, we served over 7,000 hospice patients and provided more than $3 million in charity care to those who had nowhere else to turn.

Capital Caring serves families and patients throughout Northern Virginia, as well as Prince George’s County, Maryland, and DC.
www.capitalcaring.org

About Marcus Partners

Marcus Partners is a real estate investment firm based in Boston, Massachusetts with additional offices in Metro New York and Metro Washington D.C. The firm is primarily engaged in the acquisition, repositioning, and development of office, medical office, biomedical lab, industrial, residential, and mixed-use properties. Marcus Partners has built its reputation as a real estate investment firm grounded by a deep belief in value investing and is experienced in the complexities of real estate and capital markets. It currently owns and / or manages a diversified portfolio that includes over 7 million square feet along the East Coast. For more information please visit www.marcuspartners.com

Media Contact:   Nancy Cook, VP, Marketing & Communications

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