JCR acquires Maryland shopping center for $22 million

Washington, D.C. -- The JCR Companies has acquired Manokeek Village Shopping Center in Accokeek, Maryland, just 10 minutes from the Washington, D.C. Beltway, for $22 million. The seller was Klaff Realty.



The 90,172-sq.-ft. grocery-anchored shopping center is located at the intersection of Manny and Berry Roads in Prince George’s County.



Anchored by Giant Food, Manokeek Village is more than 90% leased to a lineup of retailers including Starbucks, Wendy’s Advance Auto, SunTrust Bank, and 7-Eleven.



JCR plans to sell the pad sites and maintain long-term ownership of the inline space.