H&R Retail Hoffman-Yurow Team Completes Two Major Retail Lease Transactions In Mid-Atlantic Region

1/10/18

H&R Retail, a Washington, DC/Baltimore-based retail real estate brokerage firm, announced that the team of Larry Hoffman and Scott Yurow completed two major retail lease transactions in the Mid-Atlantic region. The leases include:

Aldi leased 32,014 square feet at a former Sports Authority store at 13031Fair Lakes Circle, Fairfax, Va. The team represented the property owner, Toys “R” Us -- located adjacent to the new store -- in the transaction.

There are currently 39 Aldi stores in the Washington-Baltimore area. It is a leading global discount supermarket chain with over 10,000 stores in 18 countries.

Dollar Tree leased 10,691 square feet at Martin Plaza in Baltimore from Martin Financial Associates. The team represented Dollar Tree in the transaction.

With over 120 stores in the greater Washington-Baltimore region, Dollar Tree is a national chain of discount variety stores that sells items for $1 or less and is headquartered in Chesapeake, Virginia.

“We are pleased to have completed these transactions,” said Mr. Hoffman. “These stores will be significant additions for area shoppers.”

About H&R Retail

H&R Retail, founded in 1983, is the largest retail-only brokerage firm in the Washington, D.C./Baltimore Metropolitan area, specializing in landlord and tenant representation as well as investment sales. With offices in Baltimore and Bethesda, Maryland, the firm exclusively represents 15 million square feet of retail space and 80 big box, specialty stores and restaurants. H&R Retail provides its clients with unparalleled market knowledge, exceptional service and aggressive and persistent support in negotiations.

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