Business & Tech
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.
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.
Find out what's happening in Germantownfor free with the latest updates from Patch.
Read more at Washington Business Journal.
Are you a local business owner? Post a business listing on Patch! It’s an easy way to reach a local audience and connect with customers close to home. Go here to get started today.
Find out what's happening in Germantownfor free with the latest updates from Patch.
Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.