developing thriving communities for life€¦ · target, walmart, home depot, best buy, petsmart,...

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RETAIL PORTFOLIO DEVELOPING THRIVING COMMUNITIES FOR LIFE

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Page 1: DEVELOPING THRIVING COMMUNITIES FOR LIFE€¦ · Target, Walmart, Home Depot, Best Buy, PetSmart, Michael’s, Borders, Staples, Modell’s, Kohl’s, Applebee’s, Verizon, Hallmark

R E TA I L P O R T F O L I O

D E V E L O P I N G T H R I V I N G C O M M U N I T I E S F O R L I F E

Page 2: DEVELOPING THRIVING COMMUNITIES FOR LIFE€¦ · Target, Walmart, Home Depot, Best Buy, PetSmart, Michael’s, Borders, Staples, Modell’s, Kohl’s, Applebee’s, Verizon, Hallmark

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Page 3: DEVELOPING THRIVING COMMUNITIES FOR LIFE€¦ · Target, Walmart, Home Depot, Best Buy, PetSmart, Michael’s, Borders, Staples, Modell’s, Kohl’s, Applebee’s, Verizon, Hallmark

The Peterson Companies is led by Milton V. Peterson,

Founder and Chairman. The Company was named

Northern Virginia NAIOP’s Firm of the Year, and has

won over 70 awards for preservation, marketing,

and design excellence. Milt Peterson was the recent

recipient of the TrendLine’s Private Sector Trendsetter

of the Year Award and he received the first ever Real

Estate Visionary Award from CoreNet in 2010. The

Peterson Companies is family owned and operated.

THRIVING COMMUNITIES

DEVELOPING FOR LIFE

The Peterson Companies’ track

record of creativity, problem

solving and resilience is

reflected in a portfolio bustling

with life - and thriving.

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A community is not made of brick and mortar alone.

A community is defined by its people; its residents, its

proprietors, even its visitors. For a community to prosper, it

requires vision, proper planning, and careful attention to detail.

It requires adaptability, knowledge of the area, and strong

partnerships. And in order for a community to be commercially

successful and maintain sustained growth, it requires a long-

term commitment. Only then can a community truly thrive.

The Peterson Companies is dedicated to developing

communities in the Washington, DC area that offer a sense

of place. Whether enhancing existing neighborhoods, or

developing from the ground up, the Peterson Companies’ track

record of creativity, problem solving and resilience is reflected in

a portfolio bustling with life – and thriving.

As a company, we pride ourselves on our strong relationships

with national office brokers, builders, and retail tenants. Our

leasing agents and development officers are prominent leaders in

the industry and have the existing relationships to prove it.

We have developed some of the most highly recognized and

successful projects in the Washington metropolitan region with

over 10 million square feet of retail projects, 12 million square

feet of office and 20,000 residential units developed. We are

long-term holders of our development projects producing

centers that are a reflection of the people they serve and that are

of lasting value to the community.

Page 4: DEVELOPING THRIVING COMMUNITIES FOR LIFE€¦ · Target, Walmart, Home Depot, Best Buy, PetSmart, Michael’s, Borders, Staples, Modell’s, Kohl’s, Applebee’s, Verizon, Hallmark

DOWNTOWN SILVER SPRING SILVER SPRING, MARYLANDLocated just across from Discovery Communications

headquarters on Georgia Avenue, Downtown Silver Spring is a

spectacularly successful urban redevelopment project with over

440,000 SF of retail, dining, and entertainment. With a synergy

unlike any other multi-block urban project, Downtown Silver

Spring creates a true sense of place where people of all ages can

come and find exactly what they are looking for morning, noon,

and night. With over 175 free events every year, it’s no wonder

Downtown Silver Spring really is the place to be.

RETAILERS INCLUDEWhole Foods, Borders, Regal Theaters, DSW, Ulta, LOFT, Pier 1

Imports, New York & Company, Macaroni Grill, Copper Canyon

Grill, Nando’s, Eggspectations, Potbelly Sandwich Works, Starbucks

DEMOGRAPHICS 1 Mile 3 Mile 5 Mile

Population 30,695 213,308 541,497

Average HH Income $80,372 $93,793 $101,952

Median Home Value $232,997 $222,274 $239,911

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Page 5: DEVELOPING THRIVING COMMUNITIES FOR LIFE€¦ · Target, Walmart, Home Depot, Best Buy, PetSmart, Michael’s, Borders, Staples, Modell’s, Kohl’s, Applebee’s, Verizon, Hallmark

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Page 6: DEVELOPING THRIVING COMMUNITIES FOR LIFE€¦ · Target, Walmart, Home Depot, Best Buy, PetSmart, Michael’s, Borders, Staples, Modell’s, Kohl’s, Applebee’s, Verizon, Hallmark

NATIONAL HARBOR NATIONAL HARBOR, MARYLANDWelcome to National Harbor, the premier waterfront destination in the D.C. Metro

Area. Built on a scale rarely seen, it is an exciting, vibrant community that includes fine

restaurants, unique shopping, stunning office space and lavish residences. Boasting a

projected 8 million annual visitors and over 600 events in 2010, National Harbor has

quickly become the destination of choice for D.C. Metro residents and tourists alike.

National Harbor has brought together recreation, work, living and entertainment in a

way that has forever changed the landscape of the urban lifestyle.

RETAILERS INCLUDEStonewall Kitchen, South Moon Under, Fossil, Charming Charlie, Swarovski, Jos. A. Bank,

Godiva, Peeps & Company, Bond45, McCormick & Schmick’s, Rosa Mexicano, Ketchup,

Potbelly Sandwich Works, Grace’s Mandarin, Elevation Burger

DEMOGRAPHICS 1 Mile 3 Mile 5 Mile

Population 4,061 80,294 279,296

Average HH Income $94,314 $104,157 $97,777

Median Home Value $156,309 $217,358 $207,050

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Page 7: DEVELOPING THRIVING COMMUNITIES FOR LIFE€¦ · Target, Walmart, Home Depot, Best Buy, PetSmart, Michael’s, Borders, Staples, Modell’s, Kohl’s, Applebee’s, Verizon, Hallmark

National Harbor

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Page 8: DEVELOPING THRIVING COMMUNITIES FOR LIFE€¦ · Target, Walmart, Home Depot, Best Buy, PetSmart, Michael’s, Borders, Staples, Modell’s, Kohl’s, Applebee’s, Verizon, Hallmark

WASHINGTONIAN CENTER GAITHERSBURG, MARYLANDWashingtonian Center, Waterfront, and Rio Entertainment

Center combine to create 760,000 SF of unmatched main

street retail, restaurant and entertainment. Against the beautiful

backdrop of Washingtonian Lake and boardwalk, shoppers of

all ages enjoy an unmatched shopping experience at some of the

most popular local and national boutiques in a vibrant open-air

shopping environment and picturesque setting.

RETAILERS INCLUDETarget, Kohl’s, Dick’s Sporting Goods, Barnes & Noble, AMC/

Loews, Chico’s, LOFT, South Moon Under, Jos. A. Bank,

Charming Charlie, Copper Canyon Grill, Uncle Julio’s Rio

Grande, CPK, Café Deluxe, Potbelly Sandwich Works, Starbucks

DEMOGRAPHICS 1 Mile 3 Mile 5 Mile

Population 15,309 119,794 252,758

Average HH Income $87,096 $113,218 $119,103

Median Home Value $155,714 $232,749 $231,927

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Page 9: DEVELOPING THRIVING COMMUNITIES FOR LIFE€¦ · Target, Walmart, Home Depot, Best Buy, PetSmart, Michael’s, Borders, Staples, Modell’s, Kohl’s, Applebee’s, Verizon, Hallmark

MILESTONE CENTER GERMANTOWN, MARYLANDMilestone Center is the true one-stop shop for the surrounding

upscale customer base. Featuring virtually all the biggest and the

best retailers within this 860,000 SF retail venue, Milestone Center

is truly a convenient powerhouse for shopping and dining for the

busy metro DC consumer.

RETAILERS INCLUDETarget, Walmart, Home Depot, Best Buy, PetSmart, Michael’s,

Borders, Staples, Modell’s, Kohl’s, Applebee’s, Verizon, Hallmark

DEMOGRAPHICS 1 Mile 3 Mile 5 Mile

Population 11,846 107,531 290,849

Average HH Income $69,408 $67,665 $82,368

Median Home Value $128,489 $133,248 $176,262

RIVERTOWNE COMMONS OXON HILL, MARYLANDRivertowne Commons is a 380,000 SF shopping

center conveniently located just over the Prince

George’s County line, and is an easy drive from

Alexandria, VA, and the District of Columbia.

With Beltway visibility, this center boasts a roster

of national retail favorites.

RETAILERS INCLUDESuper K-Mart, Old Navy, Staples, Safeway, CVS,

Outback Steakhouse

DEMOGRAPHICS 1 Mile 3 Mile 5 Mile

Population 11,264 96,326 198,250

Average HH Income $91,137 $94,021 $100,944

Median Home Value $183,541 $161,944 $179,695

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FAIRFAX CORNER FAIRFAX, VIRGINIAFairfax Corner is the gold standard lifestyle “destination” featuring

entertainment, retail, office and residential uses integrated into a cohesive

ensemble of walkable streets, public plazas, and architecturally striking

buildings. Easy to navigate pedestrian-oriented “main streets” ensure the

Fairfax Corner shoppers and residents the fun and energy of being a part

of an urban-feeling project. Whether it’s dinner and a movie, or shopping

at one of the high-end stores, Fairfax Corner has it all!

RETAILERS INCLUDECinema De Lux, Chico’s, LOFT, White House Black Market, Elizabeth

Arden, Lucy, PF Chang’s, Ruth’s Chris, Coastal Flats, Ozzie’s, Pinkberry,

Chipotle, Potbelly Sandwich Works

DEMOGRAPHICS 1 Mile 3 Mile 5 Mile

Population 15,769 80,237 228,724

Average HH Income $106,704 $132,649 $138,796

Median Home Value $210,147 $265,365 $255,953

Page 11: DEVELOPING THRIVING COMMUNITIES FOR LIFE€¦ · Target, Walmart, Home Depot, Best Buy, PetSmart, Michael’s, Borders, Staples, Modell’s, Kohl’s, Applebee’s, Verizon, Hallmark

FAIR LAKES CENTER FAIRFAX, VIRGINIAWith a wide array of major national retailers and over 1 million square

feet, Fair Lakes Center is the destination for serious shoppers. Since

all that shopping can create quite an appetite, Fair Lakes Center offers

plenty of dining options with Olive Garden, Red Robin, Chipotle and

Applebee’s just to name a few. Fair Lakes Center is the ultimate in dining

and shopping convenience!

RETAILERS INCLUDETarget, Walmart, BJ’s, Best Buy, Toys ‘R’ Us, Bloom,

DSW, Applebee’s, Starbucks, Jared, World Market, Ulta

DEMOGRAPHICS 1 Mile 3 Mile 5 Mile

Population 15,943 85,252 219,394

Average HH Income $109,782 $135,480 $137,067

Median Home Value $216,861 $259,555 $249,456

THE SHOPS AT FAIR LAKES FAIRFAX, VIRGINIAThe Shops at Fair Lakes offer a charming variety of

much needed services, restaurants, fuel, hospitality and

convenience just off Fair Lakes Parkway and directly across

from Fair Lakes Center.

RETAILERS INCLUDEAlliance Bank, The Blue Iguana, Joe Java Coffee, Logan’s

Road House, McDonald’s, Pizza Hut, Taco Bell/Pizza Hut

Express, Sunoco APlus

DEMOGRAPHICS 1 Mile 3 Mile 5 Mile

Population 15,943 85,252 219,394

Average HH Income $109,782 $135,480 $137,067

Median Home Value $216,861 $259,555 $249,456

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Page 12: DEVELOPING THRIVING COMMUNITIES FOR LIFE€¦ · Target, Walmart, Home Depot, Best Buy, PetSmart, Michael’s, Borders, Staples, Modell’s, Kohl’s, Applebee’s, Verizon, Hallmark

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VIRGINIA GATEWAY GAINESVILLE, VIRGINIAVirginia Gateway is an exciting mixed-use development located

in the heart of western Prince William County in Gainesville,

Virginia. Located close to the Interstate-66/Route 29

interchange, Virginia Gateway is over 1 million square feet

and features a mix of retail, restaurant, office and hotel uses.

RETAILERS INCLUDESuper Target, Lowe’s, Giant, Sports Authority, PetSmart,

Best Buy, DSW, Panera, Starbucks, Jos. A. Bank, Justice,

Buffalo Wild Wings, Chipotle, Pei Wei

DEMOGRAPHICS 3 Mile 5 Mile Trade Area

Population 30,246 68,467 148,053

Average HH Income $127,255 $122,505 $120,612

Median Home Value $207,052 $199,978 $183,255

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Page 14: DEVELOPING THRIVING COMMUNITIES FOR LIFE€¦ · Target, Walmart, Home Depot, Best Buy, PetSmart, Michael’s, Borders, Staples, Modell’s, Kohl’s, Applebee’s, Verizon, Hallmark

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EAST MARKET AT FAIR LAKES FAIRFAX, VIRGINIAEast Market, easily accessible off of I-66, is a highly visible

mixed-use project on the corner of Fair Lakes Parkway and

Fair Lakes Circle in Fairfax, Virginia. East Market brings

together a collection of merchants designed to make life

easier and more convenient.

RETAILERS INCLUDEWhole Foods, Kohl’s, Dick’s Sporting Goods, Starbucks, Pei Wei,

Portrait Innovation, Maggie Moo’s, Go Wireless/Verizon

DEMOGRAPHICS 1 Mile 3 Mile 5 Mile

Population 15,943 85,252 219,394

Average HH Income $109,782 $135,480 $137,067

Median Home Value $216,861 $259,555 $249,456

Page 15: DEVELOPING THRIVING COMMUNITIES FOR LIFE€¦ · Target, Walmart, Home Depot, Best Buy, PetSmart, Michael’s, Borders, Staples, Modell’s, Kohl’s, Applebee’s, Verizon, Hallmark

www.PetersonCos.com

12500 Fair Lakes Circle, Suite 400, Fairfax, VA 22033 | T: 703.227.2000 | F: 703.631.6481