A 552-unit luxury apartment community in North Bethesda has changed hands in a major $180 million deal, according to a BisNow report.
Real Estate
A newly listed home in Gaithersburg’s Kentlands neighborhood is setting a new bar for the community, hitting the market at $4.25 million and potentially shattering the previous record by a wide margin.
A church property in Bethesda is drawing attention not just for its nearly $15 million asking price, but for how unusual it is in Maryland’s commercial real estate landscape.
A longtime gathering place in Gaithersburg has officially changed hands, with the State of Maryland purchasing the Forest Oak Lodge and its surrounding property at 11011 Game Preserve Rd. in Gaithersburg for $2.32 million.
The historic Bethesda Community Store property, long a recognizable landmark along Old Georgetown Road, is now officially on the market, offering a rare opportunity to own a piece of the area’s commercial history.
A major apartment community in Rockville has sold for $110 million, marking a significant expansion for a Northern Virginia-based developer in the local market. The Reed, a 417-unit residential building located at 15955 Frederick Road, was recently acquired by Comstock Holding Companies for $110 million, according to Maryland Newsletters. The deal equates to approximately $263,788 per unit.
A Los Angeles-based investment firm has made a new entry into the Rockville office market with the purchase of a Twinbrook-area property, according to reporting from Maryland Newsletters.
EYA and Bernstein Management Corporation (BMC) are under contract to redevelop the former GEICO headquarters site in Friendship Heights, marking a major step toward transforming the long-vacant corporate campus into a new mixed-use residential community.
Comstock Holding Companies has expanded its footprint in Rockville with the acquisition of The Reed, a 417-unit apartment community located at 15955 Frederick Road.
David Simon, Chairman, CEO, and President of Simon Property Group, died on March 22, 2026 at the age of 64 following a battle with cancer. Locally, Simon Property Group owns Clarksburg Premium Outlets, Leesburg Premium Outlets in Leesburg, VA, The Fashion Centre at Pentagon City in Arlington, VA, and Potomac Mills Mall in Woodbridge, VA.
A commercial property in downtown Bethesda that was previously home to Relic restaurant and lounge has sold for $3.8 million.