Furniture Store Takes On 62,000 SF

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FREDERICK, MD-The space vacated by discount retail store Ames at the 217,500-sf Frederick Shopping Center has now been designated as a new home for Ashley Furniture. The Arcadia, WI-based international home furnishings manufacturer signed a lease with property owner JBG Rosenfeld Retail to occupy the 62,000-sf space.

JBGR leasing agents were unavailable to provide information regarding the terms of the lease agreement and leasing rates at the property; however, according to NAI Direct, space at neighborhood shopping centers in Suburban Maryland is marketed for anywhere from $15 to $30 per sf.