SCHEER PARTNERS REDUCES OCCUPANCY COSTS BY ROUGHLY 25 PERCENT FOR RETINA CONSULTANTS IN NEW BETHESDA LEASE

Bethesda, MD – Retina Consultants’ operating costs for its Bethesda location are decreasing by more than 25 percent through a recent deal executed by two executives with Rockville-based Scheer Partners.

The leading provider of fully integrated commercial real estate services for the health science industry in the Washington and Baltimore metropolitan areas announces today that it has negotiated on behalf of Retina Consultants in a 5,545-square-foot lease at 6410 Rockledge Drive.

In this long-term lease extension, Scheer Partners Vice President Matt Brady and Vice President Nate Crowe represented Retina Consultants, which has four additional area offices and specializes in the care and treatment of diseases that affect the retina, vitreous and uveal tissues.

“Our client did consider relocating, and it examined numerous options throughout the Bethesda and North Bethesda submarkets,” Crowe says. “However, Retina Consultants opted to remain in its current office after we secured favorable terms, including reduced occupancy costs, as part of this new lease extension at 6410 Rockledge Drive.”

Known as the Champlain Building, the 127,000-square-foot property at 6410 Rockledge Drive is owned by Arlington-based Vornado/Charles E. Smith. This six-story medical-office building, on the corner of Rockledge Drive and Democracy Boulevard, is home to many of the Washington area’s top doctors and affiliates of nearby Suburban Hospital.

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