Market Street, located at the southeast corner of Thompson Peak Parkway, is comprised of 300,000 sf of service retail, boutique retail, dining and entertainment and office space. With the new leases, the 120,000 sf of office space is 100% leased while the 180,000 sf of retail space is 90% filled.
The retail leases range from 1,000 sf to 3,000 sf, according to Kerry Linthicum who handles commercial leasing for Market Street's developer, DMB. The office leases range from 2,500 sf to 15,000 sf, with an average of about 5,000 sf. The new tenants will be opening shops and offices through first quarter 2005.
Linthicum tells GlobeSt.com that the remaining retail space will likely be leased to capacity in the next six months. The space is quoted at $34 per sf, triple net.
New Market Street's retail lineup consists of Cold Stone Creamery, Market Street Lounge, Patsy Grimaldi's Pizzeria, Croll Blue, Facial Furnishings, L'Hermitage Fine Jewelry, Lisa Elaine, Little Angels, Te Luxury Boutique, Treasure Chest and SWEAT by Fitigues.
Inbound office tenants are Affiliated Insurance & Financial Services, All World Travel, Argue Custom Homes, BBG-BBGM, CSE & Associates, DC Ranch Village Health Club & Spa Sales Center, Linthicum, MS Howells & Co., National City Mortgage, Randall Martin Home and Salcito Custom Homes Ltd.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
