Acquisition brings together two of the best private, open-air platforms in the U.S., specializing in the ownership and management of neighborhood-driven convenience and necessity retail.
Press release:
Bethesda
Paris in Town, a French bakery and Cafe based in Florida, is holding its soft opening Bethesda at 4903 Cordell Avenue in Bethesda. The cafe is located in the spot that was formerly home to Smashburger, Fuse Taco, and more.
Per its website: “Breakfast, Lunch, Afternoon Tea, Homemade soups, Crepes and Pastries, Cafe au Lait, Espresso, Organic Teas. Imported Wine and Cheese, Escargots, Salads and Sandwiches, Smoked Salmon, European beers, Cappuccino, and a lot more.”
Montgomery County Police responded to a report of a student with a facsimile weapon (BB gun) around 10:40am this morning at Walt Whitman High School in Bethesda.
Police were able to secure the weapon and no injuries were reported.
Chicken on the Run, a Peruvian chicken restaurant located 4933 St Elmo Ave in Bethesda, has announced its closure on the restaurant’s website.
The restaurant first opened its doors in 2002 and announced that it will be closing due to landlords not renewing the lease. The Chicken on the Run website states the business is closed and the full notice, which is cut off on the website, states the following:
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ProShares, the Bethesda-based ETF provider who launched the first bitcoin-linked ETF in the United States last year, has announce the opening of its new headquarters at The Wilson on Wisconsin Avenue in Bethesda, a sign of the fast-growing asset management firm’s commitment to the Greater Washington D.C. area.
ProShares has more than doubled in size over the past three years to over $70 billion under management, while launching innovative products like BITO, the first-ever bitcoin-linked ETF in the United States, and VERS, a new thematic ETF that allows investors to access the companies shaping the metaverse. The firm has grown to more than 160 employees, most of whom will work out of its new downtown headquarters.
The Imagination Stage (4908 Auburn Ave, Bethesda) has announced that Jason Najjoum will be theater’s new Managing Director and Triza Cox has been appointed to the new position of Associate Artistic Director of Theatre for Change.
Press release below:
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The seven-year-old child that was struck by a vehicle on Wednesday morning at a bus stop at the intersection of Grosvenor Lane and King Charles Way in Bethesda has died as a result of his injuries, according to a report by Caitlynn Peetz.
The child was a student at Ashburton Elementary School in Bethesda. He was waiting at the bus stop Wednesday morning with his father and 18-month-old sibling when the driver of a Honda Accord left the roadway and struck all three.
Judge Harry Storm sentenced defendant, Kevin McGuigan, 24, of Rockville, MD, to life in prison suspend all but 80 years. On December 14th, 2021, McGuigan pleaded guilty to first-degree murder for the death of his mother, Jaclyn McGuigan.
Per the charging documents:
Montgomery County Police have provided an update on this morning’s collision that has left a 7-year-old child in critical condition.
Per MCPD:
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In March of 2021, it was reported that Unibail-Rodamco-Westfield (URW) planned to sell all of it’s US holdings in 2022. This would include Montgomery Mall and Wheaton Mall (Westfield Montgomery and Westfield Wheaton), both located in Montgomery County. Chief Executive Jean-Marie Tritant told investors last week that Unibail wants to shed most of its U.S. properties by the end of 2023, according to a Wall Street Journal report, which pushes things back about a year.
Shopping malls, which were already hurting due to the rise of online shopping, were hit especially hard during the COVID-19 pandemic. Per the report, “Unibail’s exit from the U.S. after only four years shows that executives have concluded that even high-quality, marquee American malls aren’t worth holding on to as the Paris-based company works to slash its debt and to refocus on its flagship properties in Europe.” With White Flint gone and Lakeforest on its last legs, Montgomery, Wheaton and Ellsworth Place malls are the last three remaining in Montgomery County.
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A pedestrian (child) is being evaluated for traumatic injuries after being struck by a vehicle this morning near a bus stop at King Charles Way and Grosvenor Place in Bethesda, according to Chief Spokesperson for Montgomery County Fire and Rescue Pete Piringer.
This incident occurred around 8:30am. Montgomery County Police are current investigating.