Pinkberry, a nationwide, franchised frozen yogurt storeand Hamilton’s Sofa & Leather Gallery, a regional fine leather and furniture store, have signedleases for retail space within Village at Leesburg, a 1.2 million square foot mixed-use project positioned near the intersection of VA Route 7 and Crosstrail Blvd.
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Pinkberry and Hamilton's Sofa & Leather Gallery Sign Retail Leases at Village at Leesburg
1. FOR IMMEDIATE RELEASE
PINKBERRY AND HAMILTON’S SOFA & LEATHER GALLERY SIGN
RETAIL LEASES AT VILLAGE AT LEESBURG
LEESBURG, Va. (January 21, 2011) – Pinkberry, a nationwide, franchised frozen yogurt store
and Hamilton’s Sofa & Leather Gallery, a regional fine leather and furniture store, have signed
leases for retail space within Village at Leesburg, a 1.2 million square foot mixed-use project
positioned near the intersection of VA Route 7 and Crosstrail Blvd. Pinkberry was represented
by Alex Walker of Transwestern while Hamilton’s Sofa & Leather Gallery was represented by
Todd Malamunt of National Real Estate Brokerage, Inc. The new additions increase the total
retail tenancy up to twenty-seven merchants, continuing the forward-moving growth of Village
at Leesburg into 2011.
Pinkberry will occupy 1,008 square feet of retail space in the 1606 block of Village at Leesburg
and plans to begin construction during the first quarter of this year. The well-recognized brand
serves the highest quality nonfat milk and yogurt products and offers its customers the ease of
home or office delivery, catering, curbside delivery and online ordering.
Hamilton’s Sofa & Leather Gallery is merchandised with the most up-to-date products from well
known furniture manufacturers in the United States, Canada, Italy and the Far East. Its four
locations are in the Virginia/Maryland area, with its Vienna store relocating to Village at
Leesburg. The gallery will occupy the space next to King Pinz in suite 115 and will open in the
first quarter of 2011.
“Pinkberry and Hamilton’s bring a nice dynamic to the already diverse tenant mix of hard and
soft goods at Village at Leesburg,” said Michael Wheat, Cypress Equities executive vice
president, director of leasing. “Merchandising such well-recognized brands both nationally and
regionally will draw a wide customer base to our ever-growing center and continue our leasing
momentum going into 2011.”
The roster of twenty-two retailers now open include Wegmans Food Markets, LA Fitness,
AT&T, Charming Charlie, Coldwater Creek, Crystal Brite Cleaners, Faang Thai Restaurant &
Bar, Flame Kabob, Frilly Frocks, Hour Eyes, King Pinz, Massage Envy, Neibauer Dental,
Noodles & Company, Potomac River Running, Salon Montage, Sleepy’s, The Dandelion Patch,
Tiny Toes Dance Academy, Travinia Italian Kitchen, Verizon Wireless and Wachovia Bank.
Additional signed tenants that are expected to be operational by year-end are Cobb Theatre,
Finnegan’s and Eggspectation, which is expected to open in February.
2. Village at Leesburg is a vertically-integrated, four-story village which features approximately
520,000 square feet of retail space, combined with 150,000 square feet of office product and 335
luxury multi-family residences. The residential component is complete and all units are available
for rent. Approximately 90% of the units already have been leased. A Cypress Equities
company* is developing the commercial components of the project and Kettler is developing the
residential component. The Carlyle Group is the lead equity partner in the development, and
KLNB Retail is handling the leasing of the retail sections.
Village at Leesburg encompasses 57 acres and combines traditional planning and design
characteristics – including an open-air shopping center component – with an upscale urban feel.
Luxury multifamily residences complement the office and retail uses.
More than 125,000 consumers reside within a five-mile radius of the project with an average
household income exceeding $120,000 and growing daytime population totals more than 35,000
today. The project may be accessed by the new interchange bridging VA Route 7 and Crosstrail
Boulevard.
About Cypress Equities
Founded in 1995, Cypress Equities companies* have offices in Dallas, Atlanta, San Francisco,
New York and Fort Lauderdale. Today, Cypress Equities companies are developing and/or
managing more than 6 million square feet in projects throughout the U.S. and Caribbean,
consisting of community and power centers, as well as vertically integrated mixed-use villages
that incorporate retail, residential, hotel and offices. Visit www.cypressequities.com for more
information.
*The Cypress Equities name, logo and other marks are trademarks and service marks being licensed to independent
operating companies by CE Brands, LLC. Any particular obligation, service or product is the sole responsibility of
the specific entity that incurs such obligation or supplies such service or product.
About Kettler
Founded by Robert C. Kettler in 1977, Kettler is among the largest private real estate and
property management companies based in the DC metro area and one of the nation’s top
multifamily developers. The firm’s diverse business model has led to the delivery of five million
square feet of commercial space and over 50,000 homes in its master-planned communities.
Kettler’s rental portfolio includes high-end, market rate, affordable and fee managed assets, and
the management company has been awarded the Pillars of the Industry Award. Currently, Kettler
is developing commercial, resort and transit-oriented mixed-use projects. For more information
visit www.Kettler.com
For additional information:
Randa McMinn Karen Kossow
Cypress Equities Kettler
214-561-6007 703-226-6040