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09/29/2016

JLL to handle leasing for Woodmore Town Centre

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JLL has been selected to manage retail leasing for Woodmore Towne Center in Glenarden, Maryland, which is being expanded into a 245-acre mixed-use development.



Under construction at the location east of Washington D.C. off the Capital Beltway are 1,100 residential units, two hotels, and a million sq. ft. of office space. Expansion of the retail space, which has drawn Nordstrom Rack to the center, will bring it to a total of 800,000 sq. ft.



“There is excitement in the market for a development that is well-situated and able to respond to an active clientele,” said Greg Ferrante, JLL’s senior VP for retail.



Located at the interchange of I-495 and Rte. 202 in Prince George’s County, Woodmore Towne Centre is a joint development of Petrie Richardson Ventures and Prudential Global Investment Management.



Current retail tenants include Wegmans, Costco, J.C. Penney, Best Buy, and Petco.


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