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HABIF TAKES FORMER KROGER CENTER

WASHINGTON DC 10.19.2017

THE FAIRFAX COUNTY STATE OF THE MARKET

Development Pipeline and Current Projects

Katherine Bonnafé -- Combined Properties
Greg Trimmer -- JBG SMITH
Alex Nyhan -- First Washington Realty
HABIF TAKES FORMER KROGER CENTER
michael habif kroger 5134 old national college park databank equitable management
Habif Properties' Michael Habif tells us he just purchased the former Kroger shopping center at 5134 Old National Hwy in College Park. (Databank says he picked it up for a cool $500k.) The mostly vacant shopping center (sounds like the set of a zombie movie), clocking in at nearly 74k SF, is now co-owned by Equitable Management Corp. Habif and Equitable will add some capital to refurbish the center and then pursue a mix of big box and in-line retailers for the center.
Related Topics: College Park