South Riding Market Square
South Riding Market Square
South Riding News
Home Depot to Open State-of-The-Art Store in South Riding
May 9, 2006, Washington, DC—Toll Brothers Realty Trust and Madison Retail Group are pleased to announce that Home Depot has signed a lease for their newest state-of-the-art, 138,500 square-foot retail store and garden center at South Riding Market Square, located at the intersection of Route 50 and Loudoun County Parkway in South Riding, an award-winning Toll Brothers planned community in Loudoun County, Virginia. This mixed-use community with its popular hometown appeal now boasts over 4,200 families.
When complete, South Riding will comprise more than 6,000 homes. It is located within 4 miles of three other large communities totaling more than 10,500 homes.
The new Home Depot will be joining other national and regional retailers, including Giant Food, Caribou Coffee, Arts Plus Frame, Solace Salon & Day Spa, as well as numerous restaurants and neighborhood retailers such as Ruby Tuesday, The Firkin & Hound Pub, Great Falls Ice Cream, Thai Chili, San Vito Ristorante, Tropical Smoothie, and Rangoli Indian Restaurant. South Riding Market Square will feature over 550,000 square feet of high-profile retail once complete.
Toll Brothers, the nation’s leading luxury home builder, is developing South Riding, a premier mixed-use community that incorporates residential, retail, office, and other community-serving uses. ”This center provides residents of South Riding and surrounding communities a place for dining and shopping or to just meet for coffee and conversation,” said James M. Steuterman, Toll Brothers Realty Trust, Senior Vice President.
“Home Depot is a significant addition to this market, and along with the other retailers in our project, will serve the rapidly-growing area around us,” said James Farrell, Principal, Madison Retail Group. “Toll Brothers has spared no expense in designing this quality retail project, and is in large part why Home Depot chose South Riding Market Square,” said Farrell.
Madison Retail Group has been working with Toll Brothers since 2000 to lease and properly position this project with premier lifestyle retailers, including the apparel, home goods and furnishings industries as well as restaurants, to ensure the ideal mix for this community.
About Toll Brothers Realty Trust: The assets of Toll Brothers Realty Trust I and II—joint venture investments between Toll Brothers and the Pennsylvania State Employees Retirement System (PaSERS)—are developed and managed by Toll Brothers Commercial, a team of professionals who handle the real estate development of Toll Brothers’ commercial land holdings. This team is involved in the acquisition, approvals, development, construction, leasing, property management, and eventual sale of luxury apartments, retail shopping centers, and suburban office space in or near the residential communities built by Toll Brothers.
About Toll Brothers, Inc.: Toll Brothers, a FORTUNE 500 Company and #102 on the Forbes Platinum 400 based on five-year annualized total return performance, is the only publicly traded national home building company to have won all three of the industry's highest honors: America's Best Builder from the National Association of Home Builders, the National Housing Quality Award and Builder of the Year. Toll Brothers proudly supports the communities in which it builds; among other philanthropic pursuits, the Company now sponsors the Toll Brothers - Metropolitan Opera International Radio Network, bringing opera to neighborhoods throughout the world. For more information, visit tollbrothers.com.
About Madison Retail Group: Established in 1999, Madison Retail Group is the Washington, DC, region’s premier retail real estate services firm. Madison Retail Group was founded on the belief that expertise in the local retail market enables them to service the unique needs of their clients—those retailers and property owners looking to enhance the success of their businesses. Most of the principals have worked together for more than 15 years, serving clients’ needs for quality, dependable retail solutions to their expansion and development and leasing needs. Madison Retail Group specializes in landlord representation (over 10 million square feet in the Mid-Atlantic Region), tenant representation, urban and suburban mixed-use retail properties, dispositions, and sales.