20A — September 14 - 27, 2012 — Mid Atlantic Real Estate Journal
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D EL M AR V A
United Bank’s Hagerstown branch provides acquisition financing McShea & Company completes $10.25m sale of 193,400 s/f bulk distribution facility
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acquisitions in the Wash- ington, D.C. Metropolitan region. The sales team was lead by Joe Friedman, vice president and director of investment sales and Julian Etches, director of leasing and sales at McShea’s Hag- erstown office. 105 Enterprise Ln. is a 193,400 s/f new construction, bulk distribution facility. The property sits on 30 acres and includes 40,000 s/f of expan- sion. The property is 95% leased to four credit-worthy ten- ants. ■ Scheer Partners engaged by Novavax to sublease 51,200 s/f facility ROCKVILLE, MD—Scheer Partners is assistingNovavax’s efforts to secure tenancy for its Rockville facility. Scheer Partners, a provider of fully integrated commercial real estate services for the health science industry in the Washington and Baltimore metropolitan areas, announces today its hiring by Novavax to sublease 9920 Belward Cam- pus Dr., a two-story, 51,200 s/f biomanufacturing, R&D and office building. Robert Scheer, the found- er and president of Scheer Partners, Henry Bernstein, a senior vice president, and Matt Brady, a vice president, are handling the marketing responsibilities for 9920 Bel- ward Campus Drive, which is owned by San Diego-based BioMed Realty Trust and represents one of the biggest blocks of contiguous biotech space now on the market in the D.C. region. “This facility is strategically situated within the Rockville submarket – ground zero for biotech activity along the Interstate 270 technology cor- ridor,” Brady says. “Presently, there are limited opportunities of this size, and this is one of the best options in the mar- ketplace. “For biopharmceutical com- panies looking to add another location or occupy manufac- turing and R&D space, rather than build a facility from scratch, 9920 Belward Cam- pus Dr. makes a lot of sense,” he adds. “A mid-stage firm ready to step-up to the next level is an ideal user.” ■
AGERSTOWN, MD —McShea & Compa- ny, Inc’s investment
sales division announced the sale of 105 Enterprise Lane on behalf of the seller, MCCB, LLC to BNI Proper- ties of Washington, D.C. for $10.25 million. United Bank’s Hagerstown branch provided the acquisi- tion financing for the pur- chaser. Nicholas Papadopoulos, principal of BNI, recently sold 1718 Connecticut Av- enue inWashington, D.C and is actively looking for new
105 Enterprise Lane
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