"When McDonald's informed us of their intent to close all of their inline locations, we turned our sites on finding a retailer with a national presence to occupy that space," JBGR principal Rob Rosenfeld says. "I think we have succeeded in securing a stable, sought-after tenant that complements the existing tenant mix at the center." Franklin Farm anchors include Giant Food, Sears hardware, and Cassel's Awards and Engraving. Space at community retail properties in Northern Virginia goes for about $14 to $18 per sf, according to the NAI Real Estate Planning Guide.
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