Scheer Partners, Inc. Retained to Market Rockville Building to Medical-Related Tenants

Rockville, MD (December 3, 2012) – Scheer Partners, the leading provider of fully integrated commercial real estate services for the health science industry in the Washington and Baltimore metropolitan areas, announces today that North Bethesda-based Guardian Realty (“Guardian”) has hired the Rockville-based company to lease its 75,880-square-foot office building at 15200 Shady Grove Road, just off Interstate 270.

Nate Crowe, a Scheer Partners Vice President, and Jamie Rash, a company Associate, are targeting medical practices to lease the remaining suites in the Rockville property.

At 15200 Shady Grove Road, there are several prominent health-care tenants, including: Community Radiology Associates; Pain Management Specialists; Progressive Spinal & Sports Rehabilitation; Shady Grove Eye and Vision Care; Drs. Schwartz, Funari, Poshni & Chen; Patrick A. Murray, DDS; Kids Teeth; North Potomac Smiles; Gao’s Acupuncture & Herbal Therapy Center; Sleep Services of Maryland; and Cheryl's Health Boutique.

Last fall, Guardian also engaged Scheer Partners to lease space in its 50,549-square-foot medical-office property (formerly the Kaiser Permanente building) at 501 North Frederick Ave. in Gaithersburg, at the corner of Route 355 and Perry Parkway.

“We’re excited to continue our relationship with Guardian through the leasing assignment at 15200 Shady Grove Road. It is an ideal building for medical practices looking to launch an initial location, relocate or expand. The property is very close to Shady Grove Adventist Hospital, the Johns Hopkins Life Sciences Center, and the Shady Grove Life Sciences Center,” Crowe says.

About Guardian Realty:

Guardian is a private real estate investment firm specializing in Class A/B office buildings in the Washington, D.C., metropolitan area (Washington, D.C., Northern Virginia and Suburban Maryland). The company was founded in 1966 to acquire and/or develop office properties. Guardian has extensive expertise in real estate acquisition, leasing and property management, and it currently manages a portfolio of approximately 46 buildings valued in excess of $700 million. The company employs a team of 95 professionals.

About Scheer Partners:

Founded in 1991, Scheer Partners is a full-service commercial real estate firm headquartered in Rockville, Md. With a focus on the greater Washington and Baltimore regions, Scheer Partners is the recognized leader serving the health-care market, with more than 500 successful projects in this sector. Scheer Partners is the operations manager for Montgomery County's technology incubator program, which has more than 160 tenants, and is co-manager of the Greater Washington Life Sciences Fund. The company’s Web site is www.scheerpartners.com.

For more information, please contact:

Neil Adler of D*MNGOOD®

202-683-8975 (office)

410-499-5004 (cell)

neil.adler@dmngood.com

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