JBG ROSENFELD RETAIL INKS DEAL WITH KUMON
Entrepreneur Magazine's Leading Tutoring Franchise Finds a Home at Dulles Park Shopping Center


RETAIL NEWS 

FOR IMMEDIATE RELEASE
January 21, 2009

CONTACT: Theresa M. Vivona
(540) 972-7359
theresa@woodenrooster.com

CHEVY CHASE, MARYLAND – Dulles Park Shopping Center in Herndon gained a new tenant last month, with the opening of a new Kumon Math and Reading Center in the retail space between anchors Bloom and CVS/pharmacy.  Shopping center leasing, management, and development company JBG Rosenfeld Retail (JBGR) secured the deal with Kumon last fall for the 3,250 square-foot space.  With this latest lease, Dulles Park Shopping Center currently is 97% leased.

Kumon recently was recognized for the eighth consecutive year by Entrepreneur magazine as the leading tutoring franchise.  The company, which specializes in helping children develop a solid command of math and reading skills, has 26,000 centers in 46 countries, including three in the immediate Herndon/Sterling/Chantilly market.  

“We are pleased to have Kumon at Dulles Park,” said JBGR Vice President John Mitchell, “and are confident they will find success here.  Regardless of what the economy is doing, education continues to be a top priority for families. This fact, matched with the demographics in Herndon, the tenant mix at Dulles Park, and the strength of the Kumon brand is surely a recipe for success.”

Located in the heart of Herndon, Virginia, Dulles Park Shopping Center is a 99,000 square-foot, community shopping center anchored by grocer Bloom and CVS/pharmacy.  The center, which is approximately one mile north of the Dulles Toll Road (VA Route 267), also is home to over 15 additional merchants, including Starbucks, Luciano’s Italian Restaurant, Dollar City, Radio Shack, and others.  

Based in Chevy Chase, Maryland, JBG Rosenfeld Retail specializes in the leasing, development, acquisition, construction, and management of retail properties throughout the mid-Atlantic region.  Currently, JBGR holds more than 30 shopping centers, nine freestanding store sites, and numerous mixed-use retail sites in its portfolio.  For more information on the full scope of the company’s services, call (301) 657-0700 or visit www.jbgr.com.

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