5523 Landy Lane Seniors Site

JLL is pleased to present the opportunity to participate in the development of 5523 Landy Lane via a purchase of the site or a Joint Venture with Miller Group. The site is entitled with a building envelope that will accommodate 121 units or more of active adult, independent living, assisted living, and/or memory care.

• Within two miles of over 14 million square feet of office space, 5523 Landy Lane is perfectly positioned to capitalize on the tremendous continued growth of Bethesda
• The Property is within a five-minute drive to the National Institutes of Health, Walter Reed Military Center and both Woodmont Triangle and Bethesda Row
• Hospitality giant Marriott International is set to move its global headquarters and 3,500 employees to Bethesda in 2022
• Host Hotels, Booz Allen Hamilton, Orano USA, JBG Smith, and Fox News all recently announced relocations to office sites within minutes of the Property
• The Property's Whole Foods adjacent infill location in an exceptionally high barrier-to-entry market with world-class demographics and permanent demand drivers will provide cash flow stability and steady future income growth upon project delivery