John Dunn

Rodrigo Ferreira

Ben Rubin

- **Cohen & Steers' Private Real Estate Group** and **Lincoln Property Company** have formed a joint venture to acquire and own **Cityline at Tenley**, a retail center in Tenleytown, northwest Washington D.C..  **[1284812_20250918NY77129:0]** 
- The property is strategically located atop the **Tenleytown Metro Station** and is anchored by a **high-performing Target store**, benefiting from the area's affluent demographics.  **[1284812_20250918NY77129:0]** 
- The Tenleytown zip code ranks highly for attractive strip center rankings, placing it in approximately the **top 1% of zip codes** and top 7% of submarkets.  **[1284812_20250918NY77129:0]** 
- Cohen & Steers believes that a **"generational rent growth super-cycle"** is beginning for retail property, driven by low development levels and renewed demand from retailers.  **[1284812_20250918NY77129:0]**

COHEN & STEERS (CNS)