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Thursday, April 30, 2020
Rockville City Centre sold
One of the larger shopping centers in Rockville has changed hands. Rockville City Centre, home to a Giant grocery store, Popeyes and other popular tenants, was sold to Wheaton Properties of Maryland, LLC, a shell company established in Aspen Hill. According to Maryland real estate records, the property sold for $7 million - quite low considering the redevelopment potential here, at the intersection of MD 355 and N. Washington Street on the edge of Rockville's Town Center.
The seller was Tafida Associates. This site was once home to one of the DC area's famous Hechinger hardware stores, known as "The World's Most Unusual Lumber Yards."