Morguard Announces Opening of Trader Joe's at the Square in Rockville, Maryland

Morguard Corporation, a Canada-based real estate and property management company, has announced the opening of a Trader Joe's at The Square in Rockville, Maryland. Morguard owns a diversified portfolio of over 160 properties valued at over $17.6 billion, and provides real estate management services to institutional and private investors. The company also offers a range of global investment products through its subsidiary, Lincluden Investment Management Limited.

Morguard Corporation, a leading North American real estate and property management company, has announced the opening of Trader Joe's at The Square in Rockville, Maryland. The addition of the popular grocery chain marks a significant milestone in the revitalization efforts of The Square, a dynamic community destination managed by Morguard.

The Square, previously known as Rockville Town Square, has undergone a series of transformations under Morguard's management. The addition of Trader Joe's, along with other new retailers and restaurants, aims to enhance the shopping, dining, and community connection experiences for residents and visitors. The Square's recent rebranding and the launch of various culinary destinations, including Little Miner Taco, Kusshi Sushi, Dirty Dough, and Kung Fu Kitchen, have contributed to its transformation into a vibrant hub for the Rockville community.

Angela Sahi, President and Chief Operating Officer of Morguard, expressed the company's commitment to creating spaces that enrich local communities. "The Square is a prime example of how thoughtful reinvestment can spark neighborhood revitalization," she said. Joshua Nolan, Associate Vice President at Morguard, added, "We're excited to welcome Trader Joe's and continue expanding the experiences offered at The Square. Working with the city and Mayor Monique Ashton, we continue to focus on bringing people together and supporting our community."

The Square, owned by Morguard North American Residential Real Estate Investment Trust (REIT) and managed by Morguard, spans 186,500 square feet of curated, experiential retail and dining. It is part of a larger mixed-use asset that includes Fenestra Apartments, a suburban sanctuary comprising 492 suites. Together, these elements blend convenience, connection, and community, redefining what it means to be a modern neighborhood center.

Morguard Corporation's portfolio includes over 160 properties valued at over $17.6 billion, and the company provides real estate management services to institutional and private investors. Additionally, Morguard offers a range of global investment products through its subsidiary, Lincluden Investment Management Limited.

For more information about The Square, visit [thesquarerockville.com](http://thesquarerockville.com). For more information about Morguard Corporation, visit [www.morguard.com](http://www.morguard.com).

References:
[1] https://www.marketbeat.com/stocks/TSE/MRC/
[2] https://www.newswire.ca/news-releases/trader-joe-s-opens-at-the-square-in-rockville-886392052.html
[3] https://www.marketscreener.com/quote/stock/MORGUARD-NORTH-AMERICAN-R-10447292/news/Trader-Joe-s-Opens-at-The-Square-in-Rockville-50228943/