Realty Income Corporation is looking to sell its 7-acre property at 20000 Century Blvd in Germantown, which is currently home to the Regal Germantown movie theater. There is no current plan for the theater to close, but CBRE is brokering the potential sale and it is being presented as “a residential development opportunity in the heart of Germantown.”

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The American Cancer Society has relisted the property that was donated to the organization by former Washington Commanders owners Dan and Tanya Snyder just two months ago. The news of the listing was first reported by the Wall Street Journal, which noted that the original donation comes with tax benefits that would not come with donating the proceeds of the home sale. The Snyders will be able to deduct fair marker value of the property from their taxable income according to the market value of the home that was determined by a third-party appraiser. The appraised value has not been made available.

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Flats 8300, at 8300 Wisconsin Ave, has sold for $129.8 million to Denver-based AIR Communities, according to a BisNow report. According to the report, the property was initially sold to the seller, Invesco Real Estate, for $207 million in 2016.

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Aldon Management has sold two apartment buildings, 8200 Wisconsin Ave. (built in 1967) and the Middlebrooke Apartments at 5015 Battery Lane (built in 1962), to Corner Lot Advisors for a combined $85.6 million. 8200 Wisconsin sold for $63.3 million and Middlebrooke Apartments sold for $22.3 million, per land records.

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For over a year, former Washington Commanders owner Dan Snyder’s Potomac home was the highest priced home for sale in Montgomery County. Earlier this month, it came off the market after it was announced that Snyder donated it to the American Cancer Society, and a new home now takes the crown-  9305 Inglewood Ct. in Potomac.

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The retail portion of Upper Rock on Shady Grove Rd. in Rockville, across from Best Buy and Home Depot, has been sold. The retail property was sold by New York-based Zurick Alternative Asset Management, who acquired the property in late 2017, to an affiliate of the Friedkin Property Group for $14.15 million (as reported by Maryland Newsletters).

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