The building that was the home of Cubano’s in Silver Spring (1201 Fidler Lane) for more than 20 years can be purchased for $2.75 million, according to a new listing on a business-for-sale website.
Business
MoCo’s Economic Development Corporation (MCEDC) has announced that global giant MilliporeSigma, the U.S. and Canada Life Science business of Merck KGaA, Darmstadt, Germany, opened a $286 million biosafety testing facility in Rockville (9820 Darnestown Rd.) this week.
JLL Hotels & Hospitality group announced that it secured the sale and financing for the 315-room Hilton Washington D.C. Rockville Hotel & Executive Conference Center in Rockville, MD.
Written by Ben Shlesinger
Montgomery County may not exactly be Cooperstown, NY or Canton, Ohio but we actually do have a few halls of fame in our county. This article will look at the county’s Sports Hall of Fame, Business Hall of Fame, and Human Rights Hall of Fame.
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Rappaport has made its debut in Germantown with the acquisition of Germantown Commons, according to BLDUP. Per the report, the 200,726 SF shopping center anchored by Giant sold for $69.7 million.
Financial services provider Merchants Capital today announced more than $59 million in financing for the rehabilitation of Amber Commons, a 198-unit multifamily housing development in Gaithersburg, Maryland.
Bethesda-based The Premier Cos. recently acquired the Montgomery Executive Center property from PMRG for $8.2 million, according to BisNow (per Maryland land records). This transaction equates to $66 per square foot. PMRG owned the six-story Montgomery County property, which was constructed in 1983, for over a decade. The company originally purchased it for $12.4 million in 2013, making this month’s sale 33.8% lower than the previous purchase price.
BurgerFi International, Inc., owner of BurgerFi and Anthony’s Coal Fired Pizza & Wings announced on Wednesday that it has filed for reorganization under Chapter 11 of the U.S. Bankruptcy Code.
The Sears located at 11255 New Hampshire Ave in White Oak closed its doors in early 2021. It has been sitting vacant for three years, but now there’s light at the end of the tunnel as the property was approved at a recent Board of Public Works meeting for a $2 million grant from the National Capital Strategic Economic Development Fund, according to a Maryland Newsletters report.
MileOne Autogroup has announced the recent opening of its newest dealership, MileOne INEOS Grenadier, located at 3141 Automobile Blvd., Silver Spring, MD 20904. The dealership, one of only 20 INEOS Grenadier dealerships in the […]
20500 Seneca Meadows Pkwy in Germantown has sold for $8.5 million. The property was purchased by The Galiani Brothers through an affiliate, according to Maryland Newsletters.