Continental Realty Corp. Completes Sale of Governors Commons in Anne Arundel County, Maryland for $9.57M

Continental Realty Sells Shopping Center in Suburban Baltimore for $9.6 Million

Glen Burnie, Md. — Baltimore-based Continental Realty Corp. (CRC) has sold Governors Commons, a 129,242-square-foot shopping center in the Baltimore suburb of Glen Burnie, for $9.6 million. Dean Zang and… The post Continental Realty Sells Shopping Center in Suburban Baltimore for $9.6 Million appeared first on Shopping Center Business.

Continental Realty Sells Shopping Center in Suburban Baltimore for $9.6M

GLEN BURNIE, MD — Continental Realty Corp. (CRC) has sold Governors Commons, a 129,242-square-foot shopping center in suburban Baltimore, for $9.6 million. The center is situated in the Baltimore suburb of Glen Burnie at 7311 Governor Richie Highway. Dean Zang and David Crotts of Marcus & Millichap represented CRC in the transaction. The buyer was not disclosed. CRC previously sold off three outparcels at Governors Crossing, giving the total gro…

Continental Realty Corp. Completes Sale of Governors Commons in Anne Arundel County, Maryland for $9.57M

Following three previous parcelization executions, final disposition delivered total gross sale price of $20.35 million, compared to original 2019 purchase price of $16.2 million for Glen Burnie-based asset Continental Realty Corporation (CRC), on behalf of Continental Realty Fund V, LP, has completed the sale of Governors Commons, a neighborhood shopping center located at 7311 Governor Ritchie Highway in Glen Burnie, Maryland for $9.57 million.…