Continental Realty Corp. Sells Shopping Center in Metro Baltimore for $11.9 Million

Dundalk, Md. — Continental Realty Corp. has sold Merritt Manor Shopping Center, an 88,332-square-foot, fitness-anchored retail center in Dundalk, about 9 miles from Baltimore. Abrams Development Group purchased the property for $11.9 million. Dean Zang and David Crotts of Marcus & Millichap represented CRC in the transaction. Merritt Manor was 96 percent leased at the time of sale to tenants including Gold’s Gym, Sherwin-Williams, Dollar General, Hair Cuttery, GNC, Chicken Rico and Leslie’s Swimming Pool Supplies. CRC completed renovations on the property, including upgrading the center’s exterior facade, enhancing all landscaping elements and upgrading the center’s signage.