Combined Properties has entered 2013 with strong leasing activity and multiple store openings. During the 1st quarter, 44,706 SF of retail space was leasedand 10 stores occupying 64,094 SF opened for business.

New leases during the 1st quarter include:

•   12,587 SF Tuesday Morning at Granada Hills Town Center (Granada Hills, CA)
•   12,100 SF PetSmart at Turnpike Shopping Center (Fairfax, VA)
•   6,5100 SF Unleashed by Petco at Loehmanns Plaza (Reseda, CA)
•   6,345 SF Angel View Resale Boutique at Shops at Bear Creek (Wildomar, CA)
•   3,234 SF Lasky Pediatric Dentist Group at Center at Coldwater (Studio City, CA)
•   2,330 SF Amazing Art Studio II at White Flint Plaza (Rockville, MD)
•   1,600 SF TOGO’s at Granada Hills Town Center (Granada Hills, CA)

The following stores opened in the 1st quarter:

• 20,150 SF Great Beginnings at Sully Plaza (Chantilly, VA)
• 18,844 SF Aldi at 40 West Plaza (Baltimore, MD)
• 16,500 SF Advance Auto at Rolling Valley Mall (Burke, VA)
•   5,275 SF GWP Development at 9320 Wilshire Boulevard (Beverly Hills, CA)
•   4,000 SF Capella Salon at Center at Coldwater (Studio City, CA)
•   3,565 SF Sprint at Turnpike Shopping Center (Fairfax, VA)
•   3,340 SF Batteries + Bulbs at Sully Plaza (Chantilly, VA)
•   3,200 SF JW Wireless at Pickett Shopping Center (Fairfax, VA)
•   2,930 SF Curry House CoColchibanya at Brentwood Place (Los Angeles, CA)
•   2,500 SF Little Ceasars at Rose Hill Plaza (Alexandria, VA)

Construction is nearing completion on the redevelopment of Turnpike Shopping Center, a 104,000 SF center located in Fairfax, VA. Highlights include an updated façade, new leases totaling 74,458 SF and the reconfiguration of the side of the building (fronting Pickett Road) to provide new storefronts with outdoor seating and convenient parking. The majority of the center is leased in advance of construction being completed with many of the merchants opening in the 3rd and 4th quarter this year.

Turnpike Shopping Center (Fairfax, VA)
Before & After

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: dev.soe.io/combined