Continental Realty Corp. sells Merritt Manor Shopping Center for $11.9M

Anchored by Gold’s Fitness center, the tenant roster of Merritt Manor Procuring Middle options a mixture of nationwide and native retailers, together with Sherwin-Williams, Greenback Normal, Hair Cuttery, GNC, Rooster Rico and Leslie’s Swimming Pool Provides. (Submitted picture)

Continental Realty Company (CRC), a Baltimore-based actual property funding and administration firm, has accomplished the sale of Merritt Manor Procuring Middle, an 88,332-square-foot fitness-anchored retail middle in Dundalk for $11.9 million to Abrams Improvement Group, a Columbia-based business actual property firm.

Positioned at 1119-1211 Merritt Blvd., the asset was 96% leased and occupied on the time of the gross sales transaction. Dean Zang, govt managing director for investments, and David Crotts, vp for investments of Marcus & Millichap’s Washington workplace dealt with advertising and gross sales actions and represented Continental on this transaction.

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