A portion of a Wheaton shopping center (11226 and 1130 Georgia Avenue) has been purchased by “1633 Wisconsin Avenue LLC” for $4.2 million.
The highest-priced new build in Bethesda (6616 Fernwood Ct.) has sold for $7.55 million. According to Maryland Newsletters, the home was completed last month and traded soon after completion after sitting on the infill market listings for approximately one year. More on the 11,397 SF home below, per the listing (photos below):
Metro this week celebrated the groundbreaking of a new high-rise residential building being constructed by LCOR at the North Bethesda Metro Station. The project is the final phase of a mixed-use joint development helping spur the transformation of the surrounding North Bethesda Pike District.
In-Rel Properties has acquired a 16 story office building located at 7500 Old Georgetown Road in Bethesda, for $29.85 million, according to a report by Commercial Observer.
Development expands Comstock’s transit-oriented position adjacent to Rockville Metro Station
Matan Companies, a real estate development and investment firm, recently executed a full-building lease agreement with AstraZeneca, a global, science-led biopharmaceutical company, for 198,000 square feet at 700 Progress Way in Gaithersburg. The development is currently the home of a recently opened Chick-fil-A and Sheetz, but it’s looking to add more to the retail side of things.
The Potomac Promenade, a shopping center located at 9812 Falls Rd., has sold for approximately $77.4 million, according to a report by Maryland Newsletters.
The land located at 20516 Frederick Rd., which is behind one of Germantown’s two Burger King restaurants, is available for sale for $2.1 million. The property is about 2.03 Acres (100×850′).
In June, the Washington Wizards traded three-time All-Star Bradley Beal to the Phoenix Suns for Chris Paul, Landry Shamet, a handful of second-round picks, and multiple pick swaps. In September, his Bethesda home went up for sale, and a couple weeks back the home officially sold.
Back in November 2021, we reported that the $48 million sale of River View (7979 E. Boulevard Drive in Alexandria, VA)- a 16,000 square foot home with an additional carriage home had set a new record for the most expensive home sale in DMV (DC, Maryland, Virginia) history. A new listing is currently on the market for a whopping $50 million (photos below).
Last month over 250 people attended an opening event for Rockville’s newest neighborhood- Farmstead District. Several potential busters camped out to be the first in line to purchase a home, with seven homes selling on the first day for EYA’s newest neighborhood that will also be joined by Pulte offering a total of 370 homes in 2024 (construction photos below).
