Scheer Partners, Inc. Represents AnGes, Inc. In Bethesda Office Expansion

Bethesda, MD (October 7, 2014) – Scheer Partners, the leading provider of fully integrated commercial real estate services in the Washington and Baltimore metropolitan areas, announced today that it represented AnGes, Inc. (AnGes) in securing a 5,637-square-foot expansion at 10411 Motor City Drive, a 92,655-square-foot Bethesda building owned by Motor City Drive, LLC.

In this transaction, Scheer Partners Senior Vice Presidents Matt Brady and Nathan Crowe represented AnGes, a Japanese biotechnology company with additional offices in the United Kingdom and the United States.

“AnGes is focused on the development of innovative biologics in the field of medicine,” Crowe says. “Its goal was to secure room necessary to meet the firm’s needs as a result of growth in its clinical research activities.”

AnGes President Dr. Prannath Marrott says, “AnGes will imminently begin a Phase III clinical trial of our gene therapy utilizing Hepatocyte Growth Factor in the U.S. market, and we require additional space to cope with the added headcount necessary to successfully complete the trial. Scheer Partners, with its expertise and knowledge of the real estate market, truly made our renewal and expansion a seamless process. We are excited with our expanded premises.”

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 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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