H&R Retail Completes 2 Mid-Atlantic Leases

Two discount stores have signed leases in the Washington, D.C., and Baltimore metro areas, totaling just under 43,000 square feet.

13031 Fair Lakes Circle, Fairfax, Va.
13031 Fair Lakes Circle, Fairfax, Va.

H&R Retail, a Washington, D.C./Baltimore-based retail real estate brokerage firm, has competed two retail lease transactions in Fairfax County and Baltimore. The properties are located within significant retail centers in their suburban metro areas and total roughly 43,000 square feet.

Aldi signed a 32,014-square-foot lease at the 13031 Fair Lakes Shopping Center in Fairfax, Va., located on the western outskirts of Washington, D.C. The space was formerly occupied by a Sports Authority store. H&R represented owner Toys “R” Us, whose store is situated adjacent to the property. Aldi, a global discount supermarket chain, has more than 10,000 stores in 18 countries.

Dollar Tree, represented by H&R, leased 10,691 square feet from Martin Financial Associates at Martin Plaza, a significant retail center on the eastern outskirts of Baltimore. The discount store company operates at more than 120 locations in the greater Washington-Baltimore region.

H&R Retail’s team included Larry Hoffman and Scott Yurow.

Earlier this month, the Mid-Atlantic retail roster has been diversified with the addition of Tilt Studio and Onelife Fitness as new tenants at the Valley Mall in Hagerstown, Md.

Image via Google Street View