Washington DC, (January 22, 2010) – Capital Retail Group announced today the first Washington DC franchisee for Bella Bridesmaid www.bellabridesmaid.com has retained Capital Retail Group to find a location in Bethesda Md. Bella Bridesmaid is a bridesmaid-exclusive boutique offering a full range of chic, modern bridesmaid dresses and accessories with the brand names brides have [...]

The Capitol Riverfront, the “Front” is a 500-acre neighborhood with 1.5 miles of riverfront, located in the general vicinity of the Naval Shipyard, north of the Capitol. The future is bright for the future of retail supported by an expected $1 billion dollar investment from the public sector and a $2 billion dollar infusion from [...]

WASHINGTON, DC (January 15, 2009) – Capital Retail Group announced today the appointment of Michelle Tack as Senior Vice President of Leasing “Michelle is an extraordinarily talented sales and marketing executive with a proven track record of success,” said Robert Tack, Chief Executive Officer of Capital Retail Group. “I look forward to working with her [...]

Brian Moynihan the new Bank of America CEO starts at his new position January 15th. http://www.washingtonpost.com/wp-dyn/content/article/2009/12/16/AR2009121603894.html Until Moynihan gives direction regarding their network strategy the real estate team does not have the green light to pursue any new branch sites. They are not seriously looking at sites nor issuing Letters of Intent.

We at Capital Retail Group will be featuring different neighborhoods in Washington D.C. for the next several months in addition to other ongoing blogging. Our intent is to give an overview of each neighborhood with an emphasis on the retail community. NoMa: Leading the Way NoMa stands for the area North of Massachusetts Avenue and [...]

Residential sales office soon to open on V Street NW across from Busboy and Poets A residential real estate sales office will be the final and sixth retail tenant moving into Union Row http://www.pnhoffman.com/properties/flats/about.asp located at 14th and V street NW. The tenant signed a ten year lease in October 2009 to occupy 2,100 square feet and will be open for [...]

Sales are excellent at the Power Plant in Baltimore. Baltimore developer Cordish Co. http://www.cordish.com/sub.cfm?section=newdev has filled the once-vacant power plant with tourist-friendly stores. For 2009, it is estimated ESPN Zone www.espnzone.com will gross $11 million,  Potbelly’s www.potbellys.com  $1.5 million, a mind blowing $2.4 million for Chipotle www.chipotle.com, and a solid $3.5 million for Houlihan’s restaurant www.houlihans.com.

Popular Bethesda asian-fusion restaurant, Raku, is the highest per square foot restaurant tenant for Federal Realty at $2,400 per square foot.

Subway has two locations in the Dulles Airport. Gross sales for the two sites combined exceed $3 million per year, and the base rent for each retail space is $40,000 annually.

DC neighborhood retail rents softened due to the slower economy. Z burger was in position to lease at reasonable retail rents in Glover Park. Z burger opened a 2nd location at 2414 Wisconsin Avenue formerly an 800 square foot laundromat.