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Montgomery County Shopping Center Sells For Over $36M: Report

The Damascus Shopping Center was previously acquired by the MCB Real Estate brand in 2022.

DAMASCUS, MD — A shopping center in Montgomery County's Upcounty region has been sold in a multimillion-dollar deal, according to a report.

Washington Business Journal reported the Damascus Shopping Center sold in October to BC Wood Properties for $36.2 million, marking the first Maryland acquisition for the Kentucky-based firm.

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The 145,000 square foot center, anchored by Safeway at the intersection of Main Street and Ridge Road in Damascus, was previously owned by MCB Damascus LLC., an MCB Real Estate affiliate.

Read more at Washington Business Journal.

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