WASHINGTON, DC-The 90,000-sf retail segment of the mixed-use Cityline at Tenley is leased to maximum capacity now that Tenleytown Hardware has committed to the last remaining 12,000 sf at the mixed-use locale. Newmark Bank Cos. represented the tenant in the lease agreement with property owner and developer Roadside Development. Further details of the lease were not disclosed.

Located at 4500 Wisconsin Ave., Cityline began as a Sears department store in the early 1940s and became a Hechinger home store in the mid-1990s; Roadside took over the property and redeveloped it four years ago. Now the historic building contains retail space, 200 luxury condominium residences and more than 200 parking spaces.

The placement of Tenleytown Hardware’s name on the tenant roster alongside Best Buy and Container Store was not random. “There were numerous conversations with multiple stores until we found just the right mix,” says Armond Spikell, partner at Roadside Development. The developers of Cityline worked closely with area residents in putting together the Cityline project and it became clear that there was a dire need for a hardware store in the community. Spikell adds that the developers wanted to honor their commitment to provide services that “met the need and tenure of the neighborhood.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Dig Deeper


GlobeSt Net Lease Spring 2024Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.