Thursday, February 21, 2013

Mid-Atlantic ICSC 2013

Don't even know where to begin!  General outlook for the DMV Retail Real Estate? Retailers aren't going anywhere! There will always be a demand for brick and mortar stores.  When was the last time you bought ice cream online.  How can you buy gas for your car?

Here's a few highlights of a MoCo related commercial development:

Downtown Crown
Address: Fields Road, Sim Eig Highway in Gaithersburg, MD
Developer: JBG Rosenfeld Retail
Property Type: Mixed Use
Gross Leasable Area: 260,000

It's going to be massive!  The total Crown retail component features 22 acres of retail including Harris Teeter abd LA Fitness.  Restaurants will include Coastal Flats (YES!), Asia Nine, Roti Mediterranean Grill, La Madeleine, Lime Fresh Mexican Grill, and La Tagliatella.  Multifamily component will be developed by JV partner Bozzutto.

No comments:

Post a Comment