Combined Properties Signs Three New Leases at Sugarland Crossing
Sterling, VA (March 1, 2021) — In the face of a challenging retail climate and an ongoing pandemic, Combined Properties has signed three new tenants, including two anchor leases, at Sugarland Crossing shopping center in Sterling, Virginia.
JOANN Fabrics and Crafts, one of the nation’s leading fabric and crafts retailers, will open in a 35,000 square foot space previously occupied by Home Vivant Furniture.
Lidl, the fast-growing grocery chain with its U.S. headquarters in Arlington, is signed on to replace the former Shoppers Food Warehouse as the grocery anchor. The 26,114 square foot store anticipates opening this spring and is in the process of building out its space.
In addition, Tropical Smoothie Café, a healthy quick-service chain offering sandwiches, wraps, salads, flatbreads and more, is scheduled to open by the spring.
“We are thrilled to welcome first-class retailers like JOANN and Lidl to Sugarland Crossing,” says Jon Shartar, Senior Vice President at Combined Properties. “These stores will enhance the diversity of our offerings and strengthen the center overall as grocery-anchored centers have remained strong through the pandemic. Both stores serve everyday needs and will be invaluable to our customers.”
JOANN, headquartered in Hudson, Ohio, has evolved its store format into a more experiential model complete with a craft studio, touchscreen kiosks to reference projects online and expanded merchandise offerings. The company filed for an IPO earlier this month. With the lease at Sugarland Crossing fully executed, JOANN has possession of the space and is building out the store with plans to open this summer.
Sugarland Crossing, located in Sterling along Route 7-Leeburg Pike near Dranesville Road, is a 256,500 square foot destination center in the heart of highly affluent Loudoun County. In December 2020, U.S. News & World Report ranked Loudoun County #1 on its list of the richest counties in America, with median household incomes approaching $143,000. Other merchants include Party City, Patient First, Club Pilates and FedEx Office along with restaurants Firehouse Subs, Chipotle, PHOrever, Chick-fil-A and Dunkin’ Donuts, which recently remodeled its store.
About Combined Properties
Combined Properties is a preeminent private real estate company specializing in retail, multifamily and mixed-use. The Company has a $2 billion portfolio of existing and under-construction assets, comprised of 40 properties in the Washington, DC and Southern California metropolitan areas totaling 6 million square feet, and an additional $1.25 billion in the 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.
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