H&R Retail announced that it represented Hobby Lobby in a 57,497-square-foot lease for a new store at Laurel Glen Shopping Center, 45315 Alton Lane in California, Maryland.

David Ward and Ben Hoskins with H&R Retail represented Hobby Lobby in the transaction, along with co-broker The Keith Corporation. The property owner is Shanri Holdings Corporation.

The new Hobby Lobby store is slated to open in early 2017.

According to Mr. Ward, H&R Retail principal, “We are pleased to have completed this transaction on behalf of Hobby Lobby. Hobby Lobby is one of our long-term, valued clients and this location in St. Mary’s County is perfect for a new store.”

With the new location, Hobby Lobby will have eight stores in the Washington/Baltimore region.

About Hobby Lobby

Hobby Lobby Stores, Inc., located in Oklahoma City, Oklahoma, started as an outgrowth of Greco Products, a miniature picture frames company founded in a garage by David Green in 1970. Hobby Lobby officially began operation on August 3, 1972 with a mere 300 square feet of retail space, and has been growing ever since.

From such humble beginnings and steady growth, Hobby Lobby is now considered a leader in the arts and crafts industry. Today, Hobby Lobby has 700 stores across the nation that average 55,000 square feet in size, and offers more than 75,000 crafting and home decor products in its stores.

About H & R Retail

H & R Retail, founded in 1983, is the largest retail-only brokerage firm in the Washington, D.C./ Baltimore Metropolitan area, specializing in landlord and tenant representation as well as investment sales. With offices in Baltimore and Bethesda, Maryland, the firm exclusively represents 12.5 million square feet of retail space and 80 big box, specialty stores and restaurants. H&R Retail provides its clients with unparalleled market knowledge, exceptional service and aggressive and persistent support in negotiations.