Paula C. Squires// June 19, 2017//
Federal Realty is investing $3.2 million to renovate Barcroft Plaza shopping center in Falls Church. The center’s owner also has hired KLNB, based in Baltimore, to assist with leasing.
Federal Realty, whose corporate headquarters is in Rockville, Md., acquired the 100,000-square-foot Barcroft Plaza in 2007. Anchored by a Harris Teeter grocery store, the center will undergo a significant exterior renovation. Work will begin in July and is expected to be completed by November. Barcroft Plaza will remain open during construction.
“Fairfax County is one of the dominant counties serving the Washington, D.C., metropolitan area. With an average household income of $147,644, it is an affluent, educated neighborhood that we believe tenants will find desirable. We’re looking forward to bringing Barcroft Plaza into its next phase,” KLNB principal John Meyer said in a statement.