Office, Retail Owners Look To Fill Vacancy With Healthcare. It Often Doesn’t Work

Children’s National Hospital is one of several D.C.-area health systems looking to expand its footprint into more neighborhoods across the region, and it is taking advantage of record office vacancy to find new locations. 
Children’s National used this strategy to lease two floors at the Wonder Bread Factory office building, a Douglas Development-owned property in Shaw that became vacant after WeWork and other tenants moved out, Children’s Executive Vice President and Chief Strategy Officer Michelle McGuire said Wednesday at Bisnow’s Mid-Atlantic Healthcare Summit in D.C. 

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