1st Quarter Activity at Combined Properties

Washington, DC (April 18, 2019) — 2019 is shaping up to be a stellar year for Combined Properties!

During the 1st quarter, Combined acquired Key Towers, a 140-unit high-rise apartment community located in Alexandria, VA.  Key Towers marks the 3rd apartment acquisition in a year following the purchase of Reston Glade in Reston, VA and Columbia Glade in Columbia, MD.

Additionally, 149,455 square feet of retail space opened for business in the first three months of the year, including multiple key anchor tenants: At Home, 2nd & Charles, Ross Dress for Less and The Tile Shop.  The At Home deal is significant in that they have more than 175 stores in 36 states and the Foothill Ranch store is their first location in California.

The following businesses opened in the 1st quarter:
At Home 84,766 SF Foothill Ranch Towne Centre (Lake Forest, CA)
2nd & Charles 25,401 SF Chantilly Plaza (Chantilly, VA)
Ross Dress for Less 23,940 SF The GH (Granada Hills, CA)
The Tile Shop 12,000 SF Sully Plaza (Chantilly, VA)
Myodetox 1,653 SF The Crown (West Hollywood, CA)
Smoothie King 986 SF Greenway Center (Greenbelt, MD)
Allstate 709 SF Chatsworth Plaza (Chatsworth, CA)

 

Firm Background

Combined Properties, Incorporated is a preeminent private real estate company specializing in retail, multifamily and mixed-use with a $2 billion portfolio of existing and under-construction assets comprised of 40 properties in Washington DC and Southern California metropolitan areas, totaling 6 million square feet and an additional $1.25 billion development pipeline.  Since its founding by Chairman Ronald S. Haft, Combined Properties has always strived to develop the true potential of a commercial property and passionately embraces developing real estate to meet the needs of a rapidly changing landscape by combining creativity, lifestyle, community, and technology. Combined applies its creative and entrepreneurial expertise in development, finance, leasing and asset management to create innovative retail, residential, hospitality, and mixed-use communities that instill pride and joy in the people that live, shop, and stay there.

 

For more information on Combined Properties, visit www.combined.biz.