TYSONS CORNER, Va., July 21, 2016 /PRNewswire/ -- Serten Advisors, LLC (www.sertenadvisors.com), a leading commercial real estate advisory firm that provides real estate, brokerage and consulting services, is pleased to announce the completion of two assignments for The United States Pharmacopeial Convention (USP), located in Rockville, MD and Washington DC.
The USP is a global health organization that improves lives through public standards and related programs that help ensure the quality, safety, and benefit of medicines and foods. Serten advised The U. S. Pharmacopeial Convention on the expansion of its Rockville, MD campus and the acquisition of a new external and government affairs office at the Homer Building in Washington DC. The USP will be expanding its campus in September 2016 into 28,510 SF in 5635 Fishers Lane, a development of the JBG Companies located adjacent to USP's headquarters. The new Washington DC legislative affairs office, in the historic Homer Building, is expected to be completed by October 2016.
"After an extensive search of numerous properties and consideration of critical factors including proximity to stakeholders, public transportation, amenities and economics, The Homer Building presented the most compelling opportunity for the organization to relocate its External/Legislative Affairs Office," said Paul Schweitzer, Managing Principal, who represented The U. S. Pharmacopeial Convention along with Adam Schindler, Senior Vice President of Serten Advisors.
"The two new locations, while addressing different organizational space needs, will allow us greater access to our constituents and much needed growth flexibility as we continue to expand our global presence," said USP, Vice President, Administrative Services, Drew Lutz. "The additional space supports a variety of key functions, as we continue to re-engineer and enhance the workplace environment for our employees in our Rockville campus. Serten Advisors has been a trusted partner to USP for many years, supporting a variety of mission critical facility requirements."
ABOUT SERTEN ADVISORS, A MEMBER OF API GLOBAL:
Serten Advisors, a member of API Global, is headquartered in suburban Washington, D.C. and is a global real estate advisory and brokerage firm. Serten Advisors is a market leader in independent and conflict-free representation of commercial office space users whose advisors have over 100 years of experience in consultative, multi-faceted engagements advocating for tenants. Our platform, based in research, intellectual capital and information resources, translates into productive and cost-effective ways for our clients to utilize their office space and enhance workplace productivity. The API Global platform serves clients in over 150 markets. Learn more about Serten Advisors by visiting www.sertenadvisors.com.
ABOUT THE UNTIED STATES PHARMACOPEIAL CONVENTION:
The U.S. Pharmacopeial Convention (USP) is a global, scientific nonprofit organization that sets standards for the identity, strength, quality, and purity of medicines, food ingredients, and dietary supplements manufactured, distributed and consumed worldwide. USP's drug standards are enforceable in the United States by the Food and Drug Administration, and these standards are used in more than 140 countries.
Since its founding in 1820, USP has helped secure the quality of the American drug supply. Building on that legacy, USP today works with scientists, practitioners, and regulators of many nations to develop and revise standards that help protect public health worldwide.
Managing Principal, Serten Advisors
SOURCE Serten Advisors, LLC