KLNB Secures Lease for Gorjana Jewelry in Old Town Alexandria
Why this matters
Retail has become a quiet outperformer. A decade of effectively zero new development has left necessity-driven, grocery-anchored, and Sun Belt strip product with negligible vacancy and re-leasing spreads in the high single digits. Cap rates have compressed in step, and the bid for stabilized portfolios is again broad across REITs, pension funds, and institutional core-plus capital. The asset class has effectively rerated as a defensive yield trade rather than a secularly challenged sector.
Editorial analysis · Real Estate Trail Editorial
On the RET wire
- Disclosed retail deal value tracked in September 2026: $5.4B across 90 reported transactions. All Retail coverage →
Computed from Real Estate Trail’s own tracked coverage
KLNB has represented Gorjana Jewelry, a Southern California-based jewelry brand, in securing a new retail location at 724 King Street in Old Town Alexandria, Virginia. The deal was overseen by KLNB Vice President Forr…
External link. Real Estate Trail does not republish source content.
Related coverage — Retail
'Great for the community': Seven Pines shopping center reaches 74% leased, five new tenants announced
Michigan Retail Center Welcomes 11 New Tenants
RiverTown Crossings, an indoor shopping mall and entertainment destination in Grandville, Michigan, is expanding its offerings by adding 11 new tenants, bringing a mix of retail, dining and entertainment options to th…
Former Valencia KMart Shopping Center Sells For $27.5 Million
News | Fully leased Miami shopping center trades hands for the first time
DC Retail Investment Activity Increases, Virginia Suburbs Show Strength
Across the Washington, D.C., area, more retail space was leased than vacated in 2025, despite federal government layoffs and broader economic headwinds, according to a recent report by Marcus & Millichap . The metro r…
Burlington Taking Over Shuttered Houston Big Box Location
Burlington, which recently announced expansion plans, rounded up a prime retail real estate spot left vacant by recent corporate bankruptcies. The popular off-price department store is bringing a new location to South…