AmCap Acquires Montgomery Village Plaza in the Washington DC MSA for $38.1 million

On November 14, 2014, AmCap, Incorporated acquired Montgomery Village Plaza (MVP), a grocery-anchored shopping center in Gaithersburg, Maryland, on behalf of one of its institutional investors for $38.1 million. The center features nationally-regarded retailers including Marshalls, Trader Joe's, Rent-A-Center, Dollar Tree, and Petco Unleashed. MVP measures 116,199 square feet of GLA and is currently 100% occupied.

The City of Gaithersburg is one of the most