REAL ESTATE

New leases put Constitution Square, Capitol Plaza at nearly 85% capacity

BY CSA STAFF

Chevy Chase, Md. JBG Rosenfeld Retail said that it has finalized leases with a number of new retailers for the Constitution Square and Capitol Plaza developments, both located in the NoMa section of Washington, D.C.

CVS/Pharmacy has committed to approximately 9,000 sq. ft. at Capitol Plaza, while TD Bank, Roti Mediterranean Grill, Tynans Coffee and Tea, and Georgetown Valet will join Harris Teeter, Constitution Cafe and Potbelly Sandwich Shop at Constitution Square. Constitution Cafe and Potbelly opened for business in May and September, respectively, while Harris Teeter is slated to open early in December.

“The NoMa neighborhood is, by far, one of the most exciting mixed-use neighborhoods in the District,” said JBGR executive VP Bob Schwenger. “And we are doing our part to enhance it with a variety of retailers that will provide the necessary services to the residents and business professionals in the area.”

TD Bank, Tynans, Georgetown Valet, Roti and CVS are under construction and scheduled to open within the next 60 days. 

Comprised of a total of 2.4 million sq. ft. of space, Constitution Square is a two-phase development of Bethesda, Md.-based Stonebridge Carras. Phase one, which broke ground in 2008 and is adjacent to the New York Avenue Metro station, includes 1.6 million sq. ft. of office, residential, hotel and retail space.

Situated adjacent to Constitution Square and just one block from Metro, Capitol Plaza is a 12-story, 292,000-sq.-ft., mixed-use building owned by Polinger Shannon & Luchs of Chevy Chase, Md. 

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News

Smoke less, smell better

BY CSA STAFF

All this month Target is promoting an initiative called Celebrate Smoke-free designed to promote the benefits of not smoking while helping customer and employees choose a strategy to quit that suits their needs and lifestyle. Target hasn’t sold cigarettes in its stores since 1996.

The retailer does offer a wide assortment of stop-smoking aids and is giving those items greater visibility to Target Pharmacy and Target Clinic healthcare professionals who can offer support, smoking-cessation materials and advice. The month-long campaign is promoted with in-store signing, informational brochures and features in the weekly ad and at Target.com. The program coincides with the American Cancer Society’s 2010 Great American Smokeout on Nov.18. The Great American Smokeout is now in its 35th year.

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REAL ESTATE

Aldi opens new Florida location

BY CSA STAFF

Sebring, Fla. — Aldi opened a 17,000-sq.-ft. supermarket in Sebring, Fla., on Thursday.

The new store is Aldi’s 42nd Florida location. The grocery retailer opened its first store in the state in 2008 and, according to the company, will have 47 in Florida by year-end.

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