Family-Owned Rockville Restaurant Mi Rancho Has Closed
Eateries in Silver Spring and Germantown to remain open
Mi Rancho website
A family-owned Mexican restaurant that was a staple on Rockville Pike for 10 years has shut its doors, but there are no plans to close the family’s two remaining eateries in Silver Spring and Germantown.
“We’re planning on being in business a long time,” company spokesman Adrian Castro, manager of the Germantown location, said Wednesday. “We haven’t decided yet on opening another Rockville location. We’re just going to stay with the two locations for now.”
The Rockville restaurant at 1488 Rockville Pike closed Sept. 16. The closing was first reported by the blog Store Reporter.
The owners, Jose Alvarez and Albino Castro, could not come to terms on a new lease with property manager Quantum Cos., Castro said. The lease for the Rockville property expires at the end of September.
“We couldn’t agree to terms on a new lease, so we just decided to go in a different direction,” Castro said.
The Rockville location, situated between Party City and Yekta Kabobi Restaurant & Market, became the company’s third restaurant to open in Montgomery. The Silver Spring restaurant at 8701 Ramsey Ave. opened in 1989 and the Germantown restaurant at 19725 Germantown Road opened in 1996.
The Quantum Cos., a commercial real estate development and property management firm, based in Bethesda, manages the lease listing for the Rockville Mi Rancho site, which is located in the Chesapeake Plaza strip center.
A representative from Quantum was not available to comment on the closing.