Washington, D.C. — Jersey Mike’s Subs has been rapidly expanding throughout the Washington, D.C., Maryland and Virginia (“DMV”) region with the help of real estate partner KLNB. In total, KLNB has closed 17 deals for Jersey Mike’s across the DMV over the past 18 months, for a total of nearly 27,000 square feet and a lease volume of $10.46 million. KLNB has a long-standing partnership with Jersey Mike’s and has represented the company’s real estate interests throughout the DMV for 8 years.
KLNB principal Ryan Minnehan and retail specialist Michael Ginsburg exclusively represent Jersey Mike’s throughout Maryland and have played a key role in their growth strategy. “We’re proud to have a strong partnership with the Jersey Mike’s team,” says Ginsburg. “They have a savvy real estate team that is looking for top-notch opportunities with maximum exposure, superior accessibility and strong co-tenancy in the heart of major retail corridors.”
“When you look at the Baltimore metro market as a whole, Jersey Mike’s is one of the few franchises that is expanding so rapidly,” adds Minnehan. “They have a strong business model — they invest in the communities in which they do business.”
In Virginia, KLNB retail specialist Billy Kelly has closed seven deals over the past 14 months and in D.C., principal Matt Skalet closed on the franchise’s location at the Shops at Dakota Crossing.
“KLNB has been instrumental in our rapid expansion throughout the region,” says Jersey Mike’s director of real estate, Elizabeth Hutchison. “Our growth strategy is aggressive, and we knew we needed a real estate partner that could ladder up to our goals. KLNB has been there every step of the way.”
KLNB is a leading provider of commercial real estate services throughout the Mid-Atlantic region. An independently owned and operated commercial brokerage and real estate services firm, KLNB provides a variety of services including tenant and landlord representation, leasing, consulting, investment sales, property management, research, marketing, branding and financing services. KLNB is affiliated with NAI Global. For more information, visit http://klnb.com and www.klnb.com/leasing.
SOURCE: KLNB