IMSMP signs a lease for additional 48,000 square feet to expand its facility

Jan 20 2010

Lease for Additional 48,000 Square Feet Makes MS Research and Treatment Center Largest in the World

The International Multiple Sclerosis Management Practice (IMSMP), a 34,000 square foot research and treatment center dedicated to MS, today announced that it has signed a lease for an additional 48,000 square feet.  This makes it the largest establishment in the world committed to discovering the cause and cure for MS.

The practice expansion will include a Wellness Center and two MRI machines, while the Research Center will expand to include a Stem Cell Research Complex and Experimental Disease Model Facility. Dr. Saud A. Sadiq serves as the IMSMP's Director.  Under his vision, researchers and clinicians work side by side translating bench research into the best clinical care in the world.

"In light of the limited leasing activity experienced in 2009, the consummation of this lease represents one of the more notable leasing transactions for the year," said Scott Vetri, currently a partner at Katten, Muchin, Rosenman, LLP.

"Our ability to make such a bold move in these times of economic uncertainty is a testament to our fundraising, deep philanthropic appreciation, and our drive to care and cure our valued patients," said Dr. Saud A. Sadiq.

Construction is scheduled to begin July, 2010.