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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