
GM has been closely tracking the supposedly renovations of the Georgetown Dolcezza location, and how it rather appeared that the store was closing instead of renovating. He has now learned that the building has been sold and a new tenant is likely to move in. Booooo.
The new owner is an LLC registered to Kholsa Companies, a Bethesda-based real estate company. They bought the building earlier this month for just $810,000. The sellers were actually the Dolcezza company itself.
This seems cheap, honestly. Yes the building is not that nice and is not is terribly nice shape. But it’s a great location and the fact that the building isn’t historic would mean that it would be a good candidate for demolition and rebuilding. Continue reading →
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