Bethesda, MD – 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.”