Real Estate Journal — Shopping Centers — January 30 - February 12, 2015 — 7C
M id A tlantic
S hopping C enters
Lyric 440K’s retail space fully leased after tenant leases half Quadrangle Development Corp. and The Wilkes Co. sign BicycleSPACE at Lyric 440K W A SH I NGTON , DC — Quadran- gle Development rides, and tours of school gar- dens, and is a key supporter of Bike to Work Day. mined to have at Lyric 440K” said SandyWilkes , chairman of The Wilkes Company.
Lyric 440K is a 234-unit, 14-floor luxury residential building offering a mix of 182 one-bedroom, 26 one-bedroom with den, and 26 two-bedroom apartments with resort in- spired amenities such as: 24- hour front desk service, two-ti- er pool with lap lane, roof deck with fire pit and large indoor social space, state-of-the-art fitness facility and pet walking services. The apartment units feature floor-to-ceiling glass, gourmet kitchens with built-in wine racks and stainless steel appliances, and full-size wash- ers and dryers. n
HACKETTSTOWN, NJ — National Realty & De- velopment Corp. (NRDC) , has announced that Marshalls has leased 21,675 s/f at Man- sfield Commons in Hackett- stown. Mansfield Commons is a 271,980 s/f shopping center anchored by Walmart and Kohl’s. Serving the communi- ties of Hackettstown, Budd Lake, Stephensburg and Port Murray, the center is located on Rte. 57, 2-miles Northwest of State Highway 46. “We are happy to be able to create strong shopping envi- ronments that provide quality retail options for each com- munity we serve,” said John Orrico , president, NRDC. “Shoppers from over 10-miles will travel to the center to shop the diversified tenant mix that is offered at Mans- field Commons. Marshalls is an excellent fit and we are pleased to bring this dominant retail brand to the center.” n NRDC fills 21,675 s/f junior anchor position at Mans- field Commons Corporation and The Wil- kes Company announced that BicycleSPACE, one of Washington, DC’s leading bike shop, has signed a lease for retail space located at Lyr- ic 440K St. in Mount Vernon. BicycleSPACE will occupy ap- proximately half of the build- ing’s retail space, alongside the new bakery concept by the owners of Georgetown’s Baked &Wired. An early spring 2015 opening is anticipated. Bicy- cleSPACE began in 2010 as a place where bicycle culture could thrive and where all members of the biking com- munity across the DC area, from experienced riders to first-timers, could feel wel- come. The shop hosts weekly rides and events, including in-store yoga classes that fund local non-profits, public art Mansfield Commons
For BicycleSPACE co-found- er Erik Kugler, “This is a dream come true. It is exactly the kind of space we’ve been working toward since our in- ception. We’re very excited to be working with The Wilkes Company and Quadrangle, and to the opportunity to even better serve the remarkable community which has been growing up around us.” “BicycleSPACE is precisely the type of community-minded retail tenant we were deter-
Quadrangle Development Corporation and The Wilkes Company wish to thank John Asadoorian of Asadoorian Retail Solutions who rep- resented the tenant and the Streetsense team of Jared Meier , Andrew Poncher , and Nick Page who repre- sented the landlord. Opened earlier in the year, Lyric 440K’s retail space is fully leased and the apart- ments are currently 86% leased.
Lyric 440K St.
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