REAL ESTATE

Redeveloping Maryland center names three new tenants

BY Al Urbanski

President of Kimco’s Mid-Atlantic Region Tom Simmons said that the work his company is doing at Kentlands Market Square in Gaithersburg, Md., is emblematic of how shopping centers are adapting and thriving in a new market environment.

Simmons and Kimco got some re-affirmation of that sentiment with this week’s signing of three new tenants for the 250,000-sq.-ft. community shopping center: Brews and Barrels, Goldfish Swim School, and Berries & Bowls.

Also opening within the coming year at Kimco’s $23 million redevelopment of Kentlands are Cinépolis, Foundry Fitness, Dog Haus, and restaurants Cinco de Mayo, Tutti Frutti, Mod Pizza, and Bonchon Chicken.

Kentland’s $23 million remake includes the creation of a central “paseo”—or public walk—along which will be positioned most of the center’s new tenants.

“The opening of Cinépolis at the end of this year is sure to bring immense traffic to the center, which will trickle down to the smaller restaurants and service tenants,” said Caren Garfield, Kimco’s director of multifamily development for the region.

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