Rosenthal Properties

Vienna’s Rosenthal Properties sells property management, leasing business to Atlanta firm

Eric Schulman — Wed, 02 Aug 2023 18:11:05 +0000

The Atlanta-based buyer has been eyeing an entry into the D.C. market for years, its co-CEO said.

Rosenthal Properties Combines Forces with TSCG – A Strategic Move to Expand TSCG’s Mid-Atlantic Presence

Eric Schulman — Tue, 01 Aug 2023 18:21:12 +0000

ATLANTA, GEORGIA—August 1, 2023: TSCG announced today that Rosenthal Properties, one of metropolitan Washington D.C.’s dominant retail real estate services company, has combined with the Atlanta-based TSCG. The strategic move strengthens TSCG’s Mid-Atlantic coverage, establishing it as one of the largest retail real estate services-company in the eastern US, and one of the country’s largest managers of open-air shopping centers.

Founded in 1999, Rosenthal’s sixty-five people oversee a hundred plus commercial properties and manage over seven million square feet in retail space. The Rosenthal group focuses on tenant representation, leasing, property management and construction/project management of retail, office and industrial properties in Washington D.C., Virginia, and Maryland.

According to Sam Latone, President and Co-CEO of TSCG, “We’ve grown our company strategically through a combination of organic growth and acquisition of market leading firms in territories that complement our existing strengths. Glenn Rosenthal is an industry icon. He built his company into a regional retail powerhouse, and we’re thrilled to have the Rosenthal team join us.”

TSCG is one of the country’s largest privately held retail real estate services company. With Rosenthal, TSCG now has twenty-one regional offices and over three hundred associates servicing tenants, landlords, investors and developers. The addition of the Washington D.C. metropolitan market to the TSCG portfolio provides complete coverage of the East Coast from New York to Miami.

“The retail landscape continues to evolve,” says Glenn Rosenthal, founder of Rosenthal. “This move strengthens our capabilities to better service our clients. TSCG’s collaborative environment and commitment to putting the client needs first, fits well with our culture.”

“Rosenthal Properties’ reputation in the market is impressive,” adds David Birnbrey, Chairman and Co-CEO of TSCG. “Our goal is to support their growth by providing the business development, analytic capabilities and back-office support needed to provide seamless service to retailers, restauranteurs, healthcare providers and property owners.”

In addition to tenant and landlord representation, TSCG operates Investment, Analytics, and Medical divisions, all of which will be offered through the Washington D.C. metro office. TSCG Investors is a vertically integrated SEC Registered Investment Adviser investing in institutional quality real estate. TSCG Analytics provides comprehensive GIS data collection and analysis for clients. TSCG Medical focuses on the unique real estate needs of healthcare providers and owners of real estate looking to attract medical uses.

For more on all TSCG activities contact: Sam Latone: Ruth.Tyson@tscg.com Robert Williams: Robert@againstgrain.com

About TSCG
TSCG is the country’s largest privately held retail real estate advisory firm. With 21 offices in the eastern United States, the firm maximizes outcomes on behalf of landlords, developers, investors, financial institutions, and tenants ranging from traditional retail and restaurants to emerging medical, educational, hospitality, and entertainment destinations. In 2022, TSCG recorded $2 billion in transactions. Its third-party portfolio includes exclusive leasing assignments for over 900 assets totaling more than 60 million square feet and currently has management assignments for over 19 million square feet. The firm exclusively represents over 550 retailers and restaurants. For more information visit www.tscg.com

Local shopping centers anchored by Wegmans, Aldi, Fresh Market and Walmart sell for combined $110M

Eric Schulman — Wed, 14 Jun 2023 15:42:31 +0000

Four years after a local family sold them off to a Northern Virginia buyer, a quartet of grocery-anchored shopping centers in the region are once again under new ownership thanks to a nine-figure deal.

Rosenthal Properties last week sold Parham Plaza, Staples Mill Square, Stonehenge Village and Ridge Shopping Center for a combined $110 million, according to Henrico and Chesterfield county property records. The four shopping centers total around 592,000 square feet.

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PNC Bank Joins Penn Mar Shopping Center in Forestville, Maryland

Eric Schulman — Tue, 13 Jun 2023 18:17:38 +0000

Forestville, Maryland – Rosenthal Properties is pleased to announce the addition of PNC Bank to Penn Mar Shopping Center in Forestville, Maryland. PNC Bank will occupy 3,276 square feet and provide a full range of financial services.

The shopping center is home to popular tenants such as Shoppers, Ross, Petco, and Burlington Coat Factory, providing customers with a convenient shopping and banking destination.

“We are proud to welcome PNC Bank to Penn Mar Shopping Center,” said Billy Orlove, EVP, Leasing for Rosenthal Properties. “The addition of PNC enhances the shopping experience for our tenants and customers and helps to further our commitment to providing top-notch facilities and services.”

PNC Bank will feature state-of-the-art technology, including digital banking services, and a team of experienced financial professionals ready to assist customers with their banking needs.

For more information on PNC bank please visit www.pnc.com and for more information

About Rosenthal Properties:

Founded in 1999 by Glenn Rosenthal, Rosenthal Properties is regarded as one of the Mid Atlantic area’s most reputable, fully integrated commercial real estate firms. Rosenthal Properties offers its clients a full range of services, including property management, leasing, and construction management. Rosenthal Properties owns, leases, or manages a portfolio of approximately 7.5 million square feet of investment-grade retail centers, industrial parks and office buildings throughout Virginia, Maryland, and Washington, DC, both with its own capital and in partnerships with respected institutional investors. For additional information on the full scope of Rosenthal Properties’ services, visit www.rosenthalproperties.com.

Regional food bank introduces shopping experience

Eric Schulman — Fri, 24 Feb 2023 15:41:13 +0000

The spirit of Valentine’s Day isn’t only in saturated red roses and heart shapes, it’s also alive in the community when we see, hear, and support our neighbors. The nonprofit Food for Others delivered that spirit with their new market that adds more than 10,000 square feet to their food bank headquarters off Prosperity Avenue

Food for Others’ “My Market” allows families and individuals in need to shop for free food–everything from dairy and produce to halal food. The motivation is to provide clients with the power to support their lifestyle–emphasizing the sufficiency of food for those experiencing food insecurity.

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STEM school launches in Vienna with camps teaching kids how to code

Eric Schulman — Tue, 03 Jan 2023 15:32:47 +0000

A Texas-based technology education company has branched out into Vienna.

The school iCode launched its first Virginia franchise in the town earlier this month and is now hosting camps on game building, robotics and other tech skills for students out on break for the winter.

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STEM school launches in Vienna with camps teaching kids how to code

Eric Schulman — Fri, 23 Dec 2022 02:32:15 +0000

A Texas-based technology education company has branched out into Vienna.

The school iCode launched its first Virginia franchise in the town earlier this month and is now hosting camps on game building, robotics, and other tech skills for students out on break for the winter.

Located in a former Apple Federal Credit Union at 419A Maple Avenue East, iCode Vienna will get a grand opening at 3:30 p.m. on Jan. 10.

“As parents living and working in Fairfax County, we saw a need to provide our children earlier exposure to technical education,” franchise co-owner David Dilly said in a statement. “…We realize children love gaming, so why not provide a positive outlet for their desires by learning to understand how their favorite games work?”

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Planet Fitness Rockville To Relocate and Double in Size

Eric Schulman — Fri, 04 Nov 2022 18:22:27 +0000

Planet Fitness Rockville To Relocate and Double in Size

Marshalls store opening in Staples Mill in Henrico County

Eric Schulman — Mon, 25 Jul 2022 22:52:01 +0000

HENRICO COUNTY, Va. (WRIC) — One of the United States’ leading retailers offering quality designer merchandise at lower prices is opening a new store in Henrico County.

Donutchew Brings Mochi Donuts, Bubble Tea To Vienna

Eric Schulman — Wed, 20 Jul 2022 23:07:19 +0000

VIENNA, VA — Vienna just got a bit sweeter with the opening of Donutchew Monday in a former Starbucks location.

Donutchew, a Northern Virginia-based business, is open at 107 Maple Ave W. As the business name suggests, the featured menu item is the mochi donut, a dense and chewy donut with a ring shape and made with glutinous rice flour. According to Roongnapa Kaewprasit, who owns the business with her husband, there are 12 flavors offered daily and about 20 total. Seasonal flavor options are also planned. Mochi donuts are sold as one, by the half dozen or by the dozen.

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