Continental Realty sells Dundalk shopping center for $11.9 million

Continental Realty Corp. has sold Merritt Manor, an expansive shopping center on Dundalk’s busy Merritt Boulevard, for $11.9 million. The buyer, Columbia-based Abrams Development Group, picks up an 88,332-square-foot retail center that is 96% leased. The property is anchored by a Gold’s Gym and counts GNC, Chicken Rico and Hair Cuttery among its tenants. Continental acquired the center at 1119-1211 Merritt Boulevard in 2013 when it was 83% leased, the company said in announcing the deal Monday.