Combined Properties Attracts New Anchors to Vacant Grocer Spaces
By Keith Loria March 3, 2021 9:29 am
reprints
Combined Properties has signed anchor tenants Lidl and JOANN Fabrics and Crafts as anchor tenants at Sugarland Crossing, a 256,500-square-foot shopping center in Sterling, Va.
Supermarket chain Lidl will take the 26,114-square-foot space previously occupied by Shoppers Food Warehouse, while craft supply store JOANN Fabrics and Crafts signed for 35,000 square feet.
“Sugarland Crossing is a well-located center, but when Shoppers Food Warehouse closed unexpectedly, we definitely saw traffic die down and some of our businesses suffer,” Jon Shartar, Combined Properties’ senior vice president, told Commercial Observer. “Not only did we restore the critical grocery use to this center, but we did it with a best-in-class, international operator who is new to the market.”
Both stores are currently building out their locations and plan to open this summer.
“These tenants enhance the great existing lineup and we look forward to seeing Sugarland Crossing being a vibrant, full center once again,” Shartar said.
In a separate deal, Combined Properties also signed Aldi as its new anchor tenant at White Flint Plaza, a 195,000-square-foot shopping center located at 5222 Nicholson Lane in North Bethesda, Md.
The grocery retailer will occupy the 21,628-square-foot space that was vacated by Shoppers Food Warehouse.
“This center has a very strong mix of essential tenants, but we felt the repay traffic provided by Aldi was very important to maintaining White Flint Plaza as a busy, vibrant center that serves both the local community with award-winning restaurants and service providers, while reaching a larger trade area with high-quality, essential, destination retailers,” Shartar said.
Other merchants at White Flint Plaza include HomeGoods, PetSmart, Advance Auto Parts, TITLE Boxing Club, and The UPS Store. Aldi plans to open in late 2021.
All leases were handled by Combined’s internal East Coast leasing team, led by Shartar.
