ROCKVILLE, MD – Scheer Partners, the leading provider of fully integrated commercial real estate services for the health science industry in the Washington and Baltimore metropolitan areas, announced today that the Biomedical Research Institute (BRI) has engaged the Rockville-based company to provide strategic analysis, construction management, and property management services to BRI.
Initially, Scheer Partners will provide comprehensive due diligence and renovation analysis on the overall facility to determine what modifications, if any, are needed to bring the property into current market standards and consistent with industry “best practices,” with a specific eye on improving the marketability of the incubator space and supporting facilities.
Additionally, Scheer Partners will advise BRI on plans to accommodate its future growth goals and objectives.
Marc Schlesinger, Scheer Partners’ Principal of Asset and Investment Management, will lead the project and spearhead the due diligence and analysis process. Scheer Partners Senior Vice President Matt Brady is providing marketing analysis, and company Senior Vice President Henry Bernstein will provide incubator operations and recommendations.
BRI fully leases 12111 Parklawn Drive in Rockville for its research activities under a National Institutes of Health contract for the Schistosomiasis virus. The building is also occupied by numerous incubator tenants that collaboratively share the facility.
The Biomedical Research Institute (BRI) is a not-for-profit organization committed to improving global health through a variety of research and service endeavors. For over 40 years it has been an integral component of the federal government’s aim of reducing the global health burden posed by infectious diseases of underdeveloped nations. BRI is also established as a leading provider of low temperature storage facilities and expertise. With its numerous governmental and private clients, it has cataloged, stored and distributed millions of biological reagents, over the years, for supporting basic research efforts worldwide.
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.