Leasing activity during the 2nd quarter at Combined Properties slowed as portfolio occupancy approached 97%. During the quarter 16,324 SF of space was leased and 3 stores occupying 9,409 SF opened for business.
New leases during the 2nd quarter include:
Krispy Kreme | 3,461 SF | 40 West Plaza (Baltimore, MD) |
| Chipotle | 2,552 SF | Sugarland Crossing (Sterling, VA) |
| Club Pilates | 2,257 SF | Sugarland Crossing (Sterling, VA) |
| Movita Juice Bar | 2,185 SF | Victory + Tampa (Reseda, CA) |
| Mathnasium | 1,626 SF | Commons at La Verne (La Verne, CA) |
| Light RX Face and Body | 1,500 SF | White Flint Plaza (Rockville, MD) |
| IOS 3 | 1,494 SF | The Crown (West Hollywood, CA) |
| Flame Broiler | 1,249 SF | Commons at La Verne (La Verne, CA) |
The following businesses opened in the 2nd quarter:
DTLR | 6,309 SF | Greenway Center (Greenbelt, MD) |
| O Villa Beauty Group | 2,000 SF | Commons at La Verne (La Verne, CA) |
| T-Mobile | 1,100 SF | Maryland City Plaza (Laurel, MD) |
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.
