1st Quarter Activity at Combined Properties

Washington, DC (April 17, 2018) — 2018 is shaping up to be a stellar year for Combined Properties!

Scout® on the circle, a 551,000 SF mixed-use project in Fairfax, VA, broke ground in February. ALDI signed a 20,000 SF lease to anchor South Alex®, another mixed-use project in Alexandria, VA. That project is expected to break ground later this summer.

1st quarter leasing activity during at Combined Properties was strong too! During the quarter 87,784 SF of space was leased and 10 stores occupying 33,234 SF opened for business.

New leases during the 1st quarter include:
HomeGoods 24,762 SF Studio City Place (Studio City, CA)
Ross Dress for Less 23,940 SF The GH (Granada Hills, CA)
ALDI 20,000 SF South Alex®
Dollar Tree  9,744 SF Chatsworth Plaza (Chatsworth, CA)
Orangetheory Fitness  2,805 SF Pickett Shopping Center (Fairfax, VA)
Elite M.A. Center  2,528 SF Turnpike Shopping Center (Fairfax, VA)
Strands Salon and Day Spa  2,347 SF Chatsworth Plaza (Chatsworth, CA)
Smoothie King     986 SF Greenway Center (Greenbelt, MD)
NINA Lending     457 SF Chatsworth Plaza (Chatsworth, CA)
White Star Properties     215 SF Chatsworth Plaza (Chatsworth, CA)
The following businesses opened in the 1st quarter:
Shoe City  6,500 SF Enterprise Plaza (Lanham, MD)
Tandoori Nights  6,000 SF Courthouse Plaza (Fairfax, VA)
Salon Plaza  5,400 SF Enterprise Plaza (Lanham, MD)
Banfield Pet Hospital  3,200 SF Bradlick Shopping Center (Annandale, VA)
Dunkin Donuts  2,185 SF Sully Plaza (Chantilly, VA)
Movita Juice Bar  2,000 SF Victory + Tampa (Reseda, CA)
The Good Feet Store  5,400 SF Brentwood Place (Brentwood, CA)
The Phone Spot  1,800 SF Enterprise Plaza (Lanham, MD)
Tropical Smoothie Café  1,400 SF Turnpike Shopping Center (Fairfax, VA)
Flame Broiler  1,249 SF Commons at La Verne (La Verne, CA)

 

Firm Background

Combined Properties, Incorporated is a full-service real estate firm headquartered in Washington, DC with an office in Beverly Hills, CA.   Founded in 1984, Combined Properties has consistently been ranked as one of the top private owners of retail centers in the Washington metropolitan area.  With a portfolio comprised of 5 million square feet and a $1 billion development pipeline, the firm is now branching out from its concentration in retail real estate by applying its multidisciplinary expertise in the areas of development, asset management, leasing, and finance, to developing innovative mixed-use properties.

 

For more information visit our website:  www.combined.biz