GlycoMimetics, Inc. Signs A Long Term Lease For A Bigger Space In Maryland

Scheer Partners, Inc. Announces Full-Building Lease At 9708 Medical Center Drive In Rockville

Rockville, MD (October 21, 2014) – Scheer Partners Senior Vice Presidents Henry Bernstein and Nathan Crowe are pleased to report that GlycoMimetics has signed a long-term, full-building lease for approximately 33,800 square feet at 9708 Medical Center Drive in the Center for Life Science | Shady Grove campus. The campus is owned and operated by BioMed Realty Trust, Inc., which owns more than 2 million rentable square feet of space in Maryland and more than 17 million rentable square feet worldwide.

Located in the heart of the Shady Grove Life Sciences Center, the Center for Life Science | Shady Grove was acquired in 2010 by BioMed Realty, which commenced extensive renovations in 2011. Completed in 2013, the renovations include shared conferencing facilities and a fitness center, an architectural-covered walkway, upgraded landscaping and hardscaping, campus lighting, building exterior features, campus monument signage and additional parking.

“Our team is delighted that GlycoMimetics chose the Center for Life Science | Shady Grove for its new corporate headquarters,” says Crowe. Adds Bernstein, “Its recent successes in its drug discovery program and successful public offering point to a long and bright future at the campus.”

About GlycoMimetics:

GlycoMimetics is a publicly traded, clinical-stage biotechnology company that utilizes novel and proprietary glycobiology technology to develop treatments for diseases, especially those with high unmet needs. Their Management Team consists of industry leaders with deep experience in the pharmaceutical/biotech industry. Since the company’s inception in 2003, GlycoMimetics has developed a robust, diversified product pipeline. The company’s mission is to continue to advance its pipeline, providing hope for patients with sickle cell, cancer, and other serious diseases.

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’ fully integrated services include tenant and landlord representation; strategic planning consulting; facilities and construction management; and investment sales, acquisitions and development. While the firm works with clients across all industry types, 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 100 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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