Continental Realty Corp. Signs Sylvan Learning Centers To Lease At Columbia Palace Plaza In Howard County

11/15/16

86,000 square foot shopping center located off MD Route 108 in Howard County

Continental Realty Corporation (CRC), a full-service commercial real estate investment and property management company, has signed Sylvan Learning Centers to a lease at Columbia Palace Plaza. The 86,000 neighborhood shopping center is located in the Columbia section of Howard County near the intersection of Centre Park Drive and MD Route 108. Anchored by Giant Food, the center features eighteen additional merchants including Dunkin’ Donuts and Subway.

Sylvan Learning Centers provides education resources and enrichment programs to students in grades K-12 and currently operates in more than 750 locations throughout North America. Founded more than thirty-five years ago, the company also offers tutoring support, college preparatory services and personalized help with science, technology, engineering and math (STEM) coursework.

“The presence of an extremely strong anchor in Giant Food provides a significant traffic driver for Columbia Palace Plaza, and our team has surrounded this grocery store tenant with a compelling mix of supporting merchants,” stated David Donato, Senior Vice President – Commercial Division for Continental Realty Corporation. “The Columbia market continues to perform exceedingly well, buoyed by among the highest consumer demographics in the country.”

Nearly 210,000 people reside within a five-mile radius of Columbia Palace Plaza, including more than 80,000 households with an average household income exceeding $122,000. More than 23,000 vehicles pass the site on a daily basis.

Continental Realty Corporation, headquartered in Baltimore and founded in 1960, is a full-service commercial real estate investment and management company. The privately-owned firm owns and manages a diversified portfolio of retail centers consisting of more than three million square feet of space, as well as apartment communities featuring nearly 9,000 units. Positioned throughout the Mid-Atlantic and Southeast regions, the value of the portfolio exceeds $1 billion. Continental Realty focuses on asset value generation achieved through expert leasing and property management. For additional information, visit www.crcrealty.com

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