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.

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Construction is moving forward on Qdoba’s upcoming Olney location, with a new permit issued for interior work at the future restaurant. A permit valued at $200,000 has been approved for construction at 3486 Olney Laytonsville Road in the Olney Shopping Center, signaling continued progress toward the restaurant’s opening. The space was previously occupied by Eco Cleaners and is located next to Royal Bagel Bakery.

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Montgomery County Council committees will meet on Thursday, April 16 to review a wide range of Fiscal Year 2027 operating budgets, including funding for multiple government offices, non-departmental accounts, and major agencies such as the Department of Health and Human Services, WSSC Water, and the Office of Management and Budget.

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