The Bethesda building that was home to Mayflower restaurant for more than two decades has been sold for $1.125 million, according to Maryland Newsletters.
Real Estate
A two-building industrial complex along Wilkins Avenue in Rockville has been sold for $12.3 million, according to Maryland Newsletters.
The historic former Silver Spring Post Office building at 8412 Georgia Avenue in Downtown Silver Spring has been sold for nearly $3 million.
The housing market in Montgomery County remained steady in June, with home prices continuing to climb even as the pace of sales stayed close to historical averages, according to new data from the Greater Capital Area Association of REALTORS® (GCAAR).
The property that was home to the Montgomery Hills Car Wash for more than 50 years has officially been sold to the State of Maryland for approximately $2.22 million, as according to recently recorded land records.
A two-story mixed-use building in downtown Silver Spring has changed hands.
21st Century Distributing is expanding into Maryland after acquiring 831 Russell Avenue in Gaithersburg, where it will establish a new distribution facility for its electronics business.
A luxury home in Gaithersburg’s Kentlands neighborhood has officially sold for $3.8 million, setting a new record as the highest home sale in Kentlands and Lakelands history.
Sentinel Real Estate has acquired The Perry, a 297-unit luxury apartment community in Potomac’s Park Potomac development, marking the firm’s second major multifamily investment in Montgomery County in recent years.
A retail center in Bethesda’s Woodmont Triangle neighborhood has sold for $4.35 million, according to land records first reported by Maryland Newsletters.
Roadside Development and Hudson Bay Capital have acquired Bethesda Towers, a roughly 600,000 SF, three-building office campus in downtown Bethesda.