Press Releases

For Immediate Release: February 2007

PR Contact:
Robert Engle
(703)536-8230

Scheer Partners Inc.
(301) 770-1430
groberson@scheerpartners.com

Rockville, MD/McLean, VA (February 2007) – SCHEER PARTNERS BROKERS SALE/LEASE-BACK OF 134,000-SQUARE-FOOT MANUFACTURING FACILITY IN STERLING, VA ON BEHALF OF MESSIER SERVICES AMERICA

Transaction is Firm’s Third Sale/Lease-Back Completed along the Route 28 Corridor

STERLING, VA --- Scheer Partners, a regional full service commercial real estate firm, announced it brokered the sale and lease-back of a 134,000-square-foot industrial/manufacturing facility in Sterling, Va. on behalf of Messier Services America.

Dan Gonzalez and Joshua Katz with Scheer Partners represented Messier, a European aerospace manufacturer, in the transaction. The building, situated on an 11-acre parcel off of Sully Road (Rt. 28) near the Route 7 interchange, was purchased by a consortium of local real estate investors.

The Scheer Partners team located a buyer and facilitated the recent final closing on the property in a relatively short time frame: the team was hired by Messier in March 2006, and identified the eventual buyer by June. Indeed, as a further indication of the team’s track record, this is their third sale/lease-back of office/flex properties completed along the Route 28 corridor in recent months. The two other transactions were completed on behalf of Pulsecom (139,000 square feet) and Electronic Instrument Technologies (55,000 square feet). The sum total of these three transactions resulted in over $30,000,000 in proceeds for the respective owners.

About Scheer Partners

Founded in 1991, Scheer Partners is a fully integrated commercial real estate services company with offices in Rockville, Greenbelt, and McLean. Scheer Partners provides a seamless array of clients services: landlord and tenant representation, facilities and property management, construction management, investment sales, and development.