Leases  ·  Retail

Silver Diner Chain Signs Lease for First Location in Loudoun County, Va.

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Silver Diner is opening a new location at Commonwealth Center in Ashburn, Va.—its first location in Loudoun County.

The 30-year-old American restaurant chain has signed a 20-year lease with Peterson Companies for approximately 6,000 square feet , according to a Silver Diner spokeswoman, who would not disclose the asking rent.

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Silver Diner, which has multiple locations along the East Coast, has spent 10 years searching for a potential site in Loudoun County “because it is a natural extension of our Northern Virginia [area],” said Mark Russell, the vice president of development at Silver Diner. The chain currently has eight locations in Northern Virginia and six in Maryland.

Commonwealth Center, located at the intersection of Loudoun County Parkway and Route 7, is anchored by Topgolf and iFly. It’s located across from One Loudoun, A a mixed-used community that Russell called “the center of entertainment and retail” in the area.

“Silver Diner is a great fit for Loudoun County and the Peterson Companies has developed a unique, entertainment-oriented project that we think will enhance our success,” Bill Miller of Miller Walker Real Estate, who represented Silver Diner in the lease, told Commercial Observer. Peterson Companies was not represented by a broker.

The restaurant is slated to open in the fall of 2020, according to the Washington Business Journal, which first reported news of the lease.