The Montgomery Village Center, located at 19142 Montgomery Village Avenue, has been sold for $40.25 million according to a report by Maryland Newsletters. Per the report, “Atlantic remained in the deal as the 131,000 square foot center traded from a partnership that included Walton Street Capital and Atlantic, to a new one, headed by Petroleum Marketing Group and, again, Atlantic. The new owners paid $40,250,000.” The shopping center was built in 1969 and is currently undergoing a $20 million renovation. It’s anchored by Aldi and Big Lots, and is home to Ledo Pizza, a recently opened Starbucks, Dollar tree, Advanced Auto parts, and more. Below you’ll find a list of all businesses that are scheduled to open in the shopping center soon:
Baskin Robins: Back in January, @themocosource reached out to let us know that Baskin Robbins would be coming to the Montgomery Village Shopping Center and last month we were able to get confirmation from klnb that the ice cream shop will be coming to the vacant space next to Suburban Hair and Linda’s Nails. No opening date has been announced.