New Mixed-Use Development Provides Retail Tenants Rare I-270 Visibility
August 16, 2018
Washington, D.C. – KLNB, the multi-service commercial real estate brokerage firm celebrating its 50th year, announced today that Cooper’s Hawk Winery signed a lease at Foulger-Pratt’s Rockville, Md. mixed-use development Research Row. Cooper’s Hawk, which features a contemporary, upscale casual dining experience, Napa-style tasting room, and artisanal market, has leased 12,392 square feet of space. Dimitri Georgelakos and Jake Levin, principals at KLNB, represented the developer, Foulger-Pratt. Andrew Rose of Next Realty and David Orkin of CBRE represented the tenant.
Cooper’s Hawk will offer a full-service restaurant and wine club for the growing residential and office population in the region. Research Row continues to attract leading brands, all of which are excited by the center’s high visibility from I-270. Cooper’s Hawk joins 63,000 square-foot One Life Fitness and Chick-Fil-A, which features the second drive thru location in Montgomery County.
“We were thoughtful and deliberate in our selection of these tenants to serve both the residential and office population surrounding Research Row,” said Georgelakos. “We are thrilled to finally announce these exceptional anchors as they represent the highest caliber of retailers in our market, and even more excited to have additional opportunities at the center for retailers who share Foulger-Pratt’s vision.
Research Row offers up to 125,000 square feet of retail in the center of the area’s federal and advanced technology marketplace. Located immediately off I-270 at the Northwest corner of Montgomery Avenue and Research Boulevard in Rockville, Md, the site offers ease-of-access for consumers in the region without having to navigate a congested commercial center. With nearly 225,000 vehicles passing the property per day and nearly 100,000 employees within a three-mile radius, Research Row offers a unique opportunity for retail tenants looking to locate in the greater Rockville, North Bethesda, North Potomac and Potomac region.
“The property is ideally situated to offer a rare opportunity for retail tenants to gain significant exposure via I-270,” said Brigg Bunker, executive director at Foulger-Pratt. “The visibility and regional nature of the property, coupled with a dense daytime population and proximity to Shady Grove Hospital, make Research Row a true gem.”
For press inquiries about Research Row or KLNB, please contact Roger Mecca at Vitamin: firstname.lastname@example.org, 410.732.6542.
For leasing opportunities, contact:
Dimitri Georgelakos – (703) 268-2710 / email@example.com
Jake Levin – (202) 909-6102 / firstname.lastname@example.org
KLNB is a leading provider of commercial real estate services throughout the mid-Atlantic region, now celebrating its 50th year in business. An independently owned and operated commercial brokerage and real estate services firm, KLNB provides a variety of services including tenant and landlord representation, leasing, consulting, investment sales, property management and financing services. 80 full-time brokerage professionals work across KLNB’s four offices strategically located throughout the Washington, D.C. / Baltimore region. https://klnb.com
Established in 1963, Foulger-Pratt is a real estate development firm distinguished by its long-term investment focus and extensive experience executing successful mixed-use, transit-oriented projects throughout the Washington DC metro area. The firm’s intimate knowledge of virtually every submarket in this robust and stable regional economy has enabled it to develop more than 13.7 million square feet of commercial office, retail space, and multifamily residential projects. From acquisition to development, construction to asset management, the company’s fully integrated teams create value at all stages of an investment’s lifecycle. Foulger-Pratt is privately owned, led, and staffed by many of the industry’s most talented professionals. The firm’s culture has been carefully cultivated for the last half-century through deliberate effort to operate consistently in accordance with specific core values. The result is a reputation of unmatched integrity, accountability and vision. For more information, visit www.foulgerpratt.com.
About Cooper’s Hawk Winery
Founded in 2005 by CEO Tim McEnery, Cooper’s Hawk Winery & Restaurants is built upon the passionate belief that food and wine hold the power to forge lasting connections. Cooper’s Hawk has created a modern, casual dining experience with warm hospitality in an inviting upscale setting. The culinary team has designed a contemporary American menu infused with flavors from around the world. Each dish is made fresh in our scratch kitchen, incorporating peak-of-season ingredients, and listed with a bin number to guide you to your selection’s perfect wine match.