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LERNER SIGNS MULTIPLE TENANTS TO PHASE I OF NOKES PLAZA | January 07, 2016

DULLES, Virginia (January 7, 2016) —Lerner Enterprises, one of Washington, D.C.’s largest private real estate developers, announced today that Phase 1 of Nokes Plaza, a 34,400 square foot center, is now 85% pre-leased.  Nokes Plaza is a retail and office | medical development located at the intersection of Nokes and City Center Boulevards in Loudoun County, Virginia.

Tenants opening in early 2016 will include Bassett Furniture, Cafesano, Burger 21 and Magnolia Nail.  Lerner has begun pre-leasing Phase II to add 16,600 square feet of retail and office | medical space in an additional building. Phase I is projected to open in the first quarter of 2016. 

“Nokes Plaza was strategically designed to serve thousands of residents and office users within and surrounding Dulles Town Center,” stated Mark D. Lerner, a principal of Lerner, developer of Nokes Plaza. “With millions of visitors to Dulles Town Center mall and its tremendous visibility and accessibility, we are very excited at the interest level of prospective tenants,” he added.

Tenants to open in the first phase of Nokes Plaza include:

Bassett Furniture, a leading manufacturer and marketer of high-quality, mid-priced home furnishings, will be opening a 13,000 square foot furniture showroom as an anchor at Nokes Plaza. Bassett Furniture is currently under construction and is planned to open in early 2016 at the corner of City Center and Nokes Boulevards.

Cafesano, an Italian and Mediterranean quick-casual restaurant featuring a wide selection of wholesome and convenient meals, will open a 4,600 square foot restaurant at Nokes Plaza in early 2016. Entrees will include a wide selection of pastas, wraps, appetizers, pizzas, sandwiches and kabobs. 

Burger 21 is a fast casual restaurant offering unique burger creations to satisfy the more refined palates of today’s burger loving consumers.  Offering innovative recipes for gourmet burgers, fries, salads and shakes in a modern and fun environment, Burger 21 provides food lovers with a taste experience beyond the better burger.

Magnolia Nail will be opening a 2,000 square foot nail spa in Nokes Plaza in early 2016.

Retail leasing at Nokes Plaza is represented by Emily G. Gagliardi of Lerner and she can be reached at 301.692.2286. Office | Medical Leasing at Nokes Plaza is represented by Peter G. Papantoniou, David A. Gittleson, and Nicholas M. Zuppas at Gittleson Zuppas Medical Realty and they can be reached at 301.961.1941.

About Nokes Plaza at Dulles Town Center

Designed by the renowned Polleo Group of Reston, Virginia, Nokes Plaza is a 56,000 square foot single-story retail | office | medical mixed-use commercial development located in Dulles Town Center in Loudoun County, Virginia. The project will be comprised of dining, service and medical tenants serving the needs of residents and office users throughout Dulles Town Center and the surrounding areas. Construction commenced on Phase I in early 2015 (construction cam) and will open in early 2016.  Phase II is scheduled to break ground in late 2015 with an opening planned in 2017. Nokes Plaza is located adjacent to Dulles Town Center, Loudoun County’s only super-regional mall totaling over 1.4 million square feet, and anchored by Nordstrom, Macy’s, Sears, JCPenney, Lord & Taylor, LA Fitness, Dick’s Sporting Goods and Regal Theaters.  For further details on Nokes Plaza, visit NokesPlaza.com or Lerner.com.

About Dulles Town Center (master development)

Dulles Town Center is Lerner’s 554-acre master planned live-work-play-stay development in Dulles, Virginia 28-miles west of DC. The anchor of the development is the super-regional mall, Dulles Town Center. The mall is surrounded by the Colonnade Townhomes and Lerner’s many residential communities including Lerner Remington, Lerner Parc Dulles, and Lerner Windmill Parc. The mixed-use development also features The Courtyard by Marriott Dulles Town Center hotel, The Corporate Office Park at Dulles Town Center and the headquarters of the National Rural Utilities Cooperative Finance Corporation. Dulles Town Center is located at the intersection of Virginia Routes 7 and 28 in Dulles, Virginia. For more information, visit DullesTownCenter.com.

About Lerner

Founded by Theodore N. Lerner in 1952, Lerner Enterprises is a respected leader in Washington, D.C. area real estate development, investment and management.  Headquartered in Rockville, Maryland, Lerner is one of the largest and most diversified private real estate developers in the region, with expertise in all phases of commercial

real estate – including planning, development, construction, leasing, asset management and property management. Lerner has developed and managed more than 20 million square feet of commercial, retail, hospitality and residential real estate, including a retail portfolio comprised of a wide range of landmark developments throughout the Washington metropolitan area including Dulles Town Center, Annapolis Harbour Center, Dulles 28 Centre and The Spectrum at Reston Town Center, among many others.

The company is also a pioneer in sustainable development, with a noteworthy LEED® Certified portfolio that includes Washington Square (LEED® Silver Certification), 2000 Tower Oaks Boulevard (Lerner’s Corporate Headquarters and the first LEED® Platinum speculative office building in the entire Mid-Atlantic Region), and 1775 Tysons Boulevard (the first office building designed to achieve LEED® Platinum Certification in the Tysons market of Greater Washington.

For more information, visit Lerner.com or follow Lerner on Twitter @LernerDC.