The void left by Circuit City at the Boulevard at Capital Centre has now been filled by hhgregg, Inland Western Retail Real Estate Trust (Inland Western), the leasing company for the shopping center, announced recently.

“The Boulevard at the Capital Centre is a strong lifestyle center that draws traffic from around the metropolitan Washington DC area; hhgregg will be a strong addition to the center, aligning with our leasing strategy to improve the tenant mix at our properties,” said John D. Viszlay, vice president, leasing director for Inland Western, in a statement. “We’re also happy to further our relationship with a leading retailer like hhgregg that is looking for quality assets as they expand their footprint.”

Hhgregg is a retailer specializing in brand-name appliances and electronics. The Boulevard location is one of four new hhgregg chains to be open in Maryland to add with the seven stores that are already open in the state.

The lease brings welcome news for the shopping center, which has seen its share of closings and violence over the past several years. Officials at Inland understand the difficulty of the retail business in the economic downturn.

“The Boulevard at the Capital Centre was not immune from the nationwide economic turmoil of the past several years, experiencing store closings that reflected the nationwide downturn on a local level, as tenants like Circuit City, Linens N’ Things and Uno’s closed to due chain-wide bankruptcies,” Bill Parks, vice president of property management, Inland US Management, said in a e-mail.

However, Inland hopes this will signal more good things for the Boulevard as it continues to search for new ways to improve the shopping center.

“The Boulevard at the Capital Center benefits from a great location and an outstanding lineup of remaining tenants,” Parks continues. “We continue to aggressively market the vacant space and are seeing increasing leasing activity from local and national tenants.”

 

George Barnette

Special to the AFRO