Scheer Partners Engaged By The National Institutes Of Health Federal Credit Union In New Headquarters Search

Rockville, MD (September 10, 2013) – Scheer Partners, the leading provider of fully integrated commercial real estate services in the Washington and Baltimore metropolitan areas, announces today its hiring by the National Institutes of Health Federal Credit Union (“NIHFCU”) to secure a new 20,000-square-foot headquarters location, which is slated to occur in the spring of 2014.

For more than 70 years, the NIHFCU has been Maryland’s largest federal credit union and the nation’s largest credit union serving the biomedical and health-care industries.

Scheer Partners Senior Vice Presidents Matt Brady and Henry Bernstein will represent the NIHFCU, which is currently based at 111 Rockville Pike in Rockville.

According to Brady, “Their goal is to relocate closer to the health science and medical hub found on Research Boulevard and Shady Grove Road. They are committed to expanding their business relationships and enhancing services to their customers, and they believe that they can achieve greater operational efficiencies in a newly designed facility along the Interstate 270 biomedical corridor.”

Says Bernstein, “Their principle goal is to create operational efficiencies with greater functional space to meet their changing information-technology and regulatory requirements.”



Adds Brady, “A branch location on the first floor of this headquarters facility would represent an added enhancement, but it is not critical to the NIHFCU’s decision.”

About NIHFCU:

On January 11, 1940, the NIH Federal Credit Union (NIHFCU) was created by employees of the National Institutes of Health (NIH). Since then, the NIHFCU has grown to be a thriving financial institution of over 43,000 members. The NIHFCU is one of Maryland’s largest credit unions and is proud to be the nation’s largest serving the biomedical industry. In April of 2010, as the area’s biomedical industry advanced, the NIHFCU expanded its charter, providing membership eligibility to all employees, independent contractors or self-employed persons who work regularly in the biomedical and health-care industries in Maryland, Virginia, Washington, D.C., and West Virginia. The NIHFCU provides a full range of world-class, state-of-the-art financial products and services for both personal and business banking.

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.