The ownership of the Woodmont Crescent building has turned to Bethesda-based H&R Retail to market its empty storefronts at 7766 and 7770 Norfolk Avenue for lease. New signage from the commercial real estate firm has been posted in the windows of the ground floor spaces. Previous signage from a different leasing firm had shown renderings of a possible restaurant use. The building lost longtime tenants The Blue House and Random Harvest in recent years, as well as the offices of MoCo360, which relocated to North Bethesda. Major renovations and improvements have been undertaken at the property in the time since, including the installation of an elevator. More remodeling is ahead inside Starbucks, which is the anchor tenant of the building.
4 comments:
Anything except lowering rent. Lmao commercial landlords are wild expecting high rent when foot traffic is down and people buy their stuff online.
Aren’t the addresses on Woodmont, not Norfolk?
The so called installation of an elevator in the apartment building next to Starbucks is a joke. Not installed yet and has made the entrance to Starbucks look crummy for almost a year. None of the employees at Starbucks really know what’s going on regarding an end date. Landlords in Bethesda are just greedy and have not a real plan for the future of Bethesda or how it affects tenants or residents. Look further down Woodmont in the heart of downtown Bethesda at all the vacant storefronts. Blue House moved closer to TJ’s to a large space and Random Harvest was essentially forced to close because of the crazy parking decisions by Moco and Marriot to sell the largest public parking lot in the area to Marriott. Stupid decision after stupid decision does not not attract viable businesses from leasing overpriced spaces.
"We're no going to lose Silver Spring." Yes you are, and Bethesda is next on the list. Empty storefronts, vape shops... the writing is on the wall.
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