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

Summary by Citybiz

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.…

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Shopping Center Business

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.

29 days ago

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REBusinessOnline

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…

29 days ago

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