Stein Mart opens at Chantilly Plaza

Combined Properties, Incorporated is pleased to announce that Stein Mart is opening today at Chantilly Plaza (Chantilly, VA). This 37,896 square foot store is located in the space formerly occupied by Bottom Dollar (Food Lion).

Chantilly Plaza is a 104,000 SF center, fronting on Route 50 in Fairfax County, a heavily traveled corridor in one of the most affluent and best educated counties in the country. Stein Mart, Inc. is a publicly-traded company, best described as a hybrid between a better department/specialty store and a traditional off-price retailer. The Stein Mart concept has evolved over time to feature moderate-to-better brand-name apparel for women and men, as well as accessories, gifts, linens and shoes in a depth and assortment that hold appeal for the upscale customer. The best of current season, brand-name fashion merchandise is offered at prices substantially below those charged by department and specialty stores.

Stein Mart is an ideal tenant for this community. “We see Stein Mart as a true complement to this community. We are committed to a development program that meets the objectives of the area, is supported by the community, and provides a desirable mix of retail and other uses for this prominent corner,” stated Katherine Roberson, president , Combined Properties, Incorporated.

Firm Background

Combined Properties, Incorporated is a full-service real estate firm with offices in Washington, DC and in Beverly Hills, CA. Founded in 1984, Combined Properties is ranked as one of the top private owners of retail centers in the Washington metropolitan area. With a $1 billion portfolio comprised of 5 million square feet and a $500 million 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. Combined Properties is preparing to launch its second private equity fund valued at over $200 million intended for acquisitions of core retail assets located in the greater Washington, DC metropolitan area and Southern California.

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