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Press Release

Three More Retailers Commit to North Bethesda Market, Montgomery County’s New Shopping/Dining Destination

May 24, 2010

Three new retailers have agreed to lease space at North Bethesda Market, a pedestrian-friendly, mixed-use property being developed by The JBG Companies and MacFarlane Partners in North Bethesda, Md., approximately seven miles northwest of Washington, D.C.

Joining anchor tenants Whole Foods Market and LA Fitness to create a new and exciting shopping and dining destination are Arhaus, a national home-furnishing retailer; Seasons 52, a grill and wine bar; and Dolce Amore Café.

North Bethesda Market is currently under construction. When completed, it will feature 200,000 square feet of retail space and 397 rental apartments, roughly half of which will be located in a 24- story, glass tower that is the tallest residential building in Montgomery County, Md.

The property is located on Rockville Pike, directly across from the 800,000-square-foot White Flint Mall and two blocks south of the White Flint Metro station, which provides light-rail access to points throughout the Washington, D.C., metropolitan area.

North Bethesda Market is part of a multi-site portfolio of operating properties and development projects located in the Washington, D.C., metropolitan area that is jointly owned by MacFarlane Partners and The JBG Companies, one of the region’s leading real estate companies.

MacFarlane Partners made the investment on behalf of MacFarlane Urban Real Estate Fund II, its institutional real estate fund that invests in development, redevelopment and repositioning projects in urban and high-density suburban areas nationwide.

Click here to read the press release issued by The JBG Companies on May 24, 2010.


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