Merritt Manor to undergo renovations
Wednesday, 02 April 2014 13:51

Work expected to last through  the summer

by Nicole Rodman

    Continental Realty Corporation, owner of the Merritt Manor Shopping Center at Merritt Boulevard and German Hill Road, has announced plans to renovate the 91,000-square-foot shopping center.
    The Baltimore-area real estate developer purchased Merritt Manor from previous owner Koninklijke Ahold N.V. for $8.6 million last June.
    According to Continental Realty, improvements to the 38-year-old property will include a renovation of the shopping center’s entire exterior facade.
    “Other intended work includes repairs to the parking lot and sidewalk areas, the refurbishing and addition of landscaping and upgrades to the project signage,” a press release said.
    Renovations will be completed by Joppatowne-based Mullan Contracting Company.
    According to Continental, the renovations are a vote of confidence in the shopping center’s ability to draw consumers from across the area.
    “Merritt Manor Shopping Center represents a [long-term] investment for Continental Realty, and this property improvement program is designed to address maintenance issues and further elevate the asset in the local marketplace,” said David Donato, Vice President of Continental Realty’s Commercial Division.
    “We believe in the emerging demographics of the eastern Baltimore County retail environment and consider Merritt Manor properly positioned to respond to upcoming opportunities to better serve the local community.”
  

A company spokesman declined to reveal how much the renovations are expected to cost.
    The project is expected to begin in April and continue until the end of the summer.
    All of the stores in the shopping center will remain open during renovations.
    The shopping center was at just 83 percent capacity when Continental Realty purchased the property last year.
    Established tenants at the time of the sale included Gold’s Gym, Hair Cuttery, M&T Bank, Sherwin-Williams, Mariner Finance and Leslie’s Swimming Pool Supplies.
    Since taking over ownership, Continental Realty has added new tenants to bring the center up to 92 percent occupancy.
    New tenants at Merritt Manor include Ullery Dental, Comfort Pharmacy and Polished Nails.
    In addition, Gold’s Gym recently expanded by 1,600 square feet.
    Continental Realty continues to seek new tenants to occupy the remaining spaces available in the shopping center.
    “We are specifically targeting high-traffic retailers for Merritt Manor,” Donato said, “including fast-casual restaurants and carry-outs, sporting goods retailers and sport apparel and athletic shoe stores, medical providers such as a chiropractor and physical therapy operation and other necessary retailers and service providers.”