12B — December 28, 2018 - January 10, 2019 — Owners, Developers & Managers — M id A tlantic
Real Estate Journal
www.marejournal.com
O wners , D evelopers & M anagers A $135 million, 502,000 s/f mixed-use development Construction begins at South Alex a new mixed-use development in Alexandria, VA
A S H I N G T O N , DC — Combined Properties, In- corporated announced that construction has commenced at South Alex, a $135 million, 502,000 s/f mixed-use develop- ment located in Alexandria. A groundbreaking event for the project took place yester- day and numerous dignitar- ies from Alexandria, Fair- fax County, vendors for the project and community resi- dents joined in the celebration. “South Alex is an exciting mixed-use development, des- tined to be a premier property in the market” said Ronald W
struction beginning immedi- ately. The project is slated for completion in 2021. Combined Properties, Incor- porated currently has a $1+ billion portfolio comprised of 40 retail and mixed-use prop- erties. With current projects under development, the port- folio is growing to more than $2 billion, with over 6 million square feet. In addition, the company controls an addi- tional $1 billion development pipeline in the Washington DC and Southern California metropolitan areas. Since its founding by Chairman Ronald S. Haft, Combined Properties has always looked for the true potential of a commercial prop- erty. The company strives to apply its creativity and exper- tise in development, finance, leasing and asset management to shape projects into innova- tive lifestyle residential, retail, and hospitality communities that instill pride and joy in the people that live, shop, and stay there. Hill Management Services, Inc. appoints Danielle Bridge to leasing representative BALTIMORE, MD — Hill Management Services, Inc. , a full-service real estate devel- opment and investment com- pany headquartered in Timo- nium has appointed Danielle Bridge to the position of leas- ing representative. Bridge, who has worked for the company since 2016, formerly functioned as property manager. In her new role, Bridge will seek out prospective tenants for the company’s portfolio of com- mercial office buildings, retail centers and warehouse projects totaling four million square of space throughout the Maryland region. This includes forming and strengthening relation- ships with the commercial real estate brokerage community, negotiating new leases and lease renewals, and interacting with the company’s in-house property management team. “Danielle brings a tremen- dous amount of real estate and industry knowledge to these expanding responsibilities, based on her background and former role with our company,” said Danielle Beyrodt, vice president of Hill Management Services.
Haft , Chairman of Combined Properties . South Alex is a transit- oriented development that will feature 400 class A apart- ment units, nearly 23,000 s/f of small shop retail, and an- chored by the 20,000 s/f ALDI. The project is prominently lo- cated less than a mile from the Huntington Metrorail station and is at the crossroads of N. Kings Highway and Route 1, providing great visibility and easy access to major highways. Demolition of the former Penn Daw Plaza shopping center, the site of the project, has been completed with con-
Shown from left: Bhek Simmons (HUD), Ronald S. Haft (Chairman of Combined Properties), Jeff McKay (Fairfax County Supervisor), Andrew McIntyre and Kathy Bonnafe (CPI), Marvin Turner (HUD), Jake DiPiazza (ALDI) and Justin Johnson (CPI).
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