Tenants sought for Levenson & Klein store

Commercial real estate

January 09, 1991

The former Levenson & Klein furniture store at Baltimore National Pike and Rolling Road will be converted into a number of smaller shops, according to the new managers of the property.

The 50,000-square-foot store was closed in November after Levinson & Klein Inc. filed for bankruptcy.

The store's lease was purchased by 804 Associates Limited Partnership, which includes owners of the 40 West Shoping Center where the store is located.

George Arconti Jr., broker and general property manager for the partnership and for Metropolitan Management Co. which operates the shopping center, said a number of retailers have expressed interest in the property, but no leases have been signed.

"We have a number of people talking to us now about 6,000-square-foot sections," he said.

Arconti said the new managers hope to lease the basement of the building to a single tenant and divide the first-floor into a number of shops.

In addition to the changes at the Levenson & Klein building, the entire shopping center will be renovated and modernized, Arconti said.

The owners are negotiating with architects now, but a designer has not been selected. Arconti said he anticipates the work at the 30-year-old center will be completed in the fall.

ITT Job Training Services Inc. has signed a lease with The KMS Group Inc. for 4240 square feet of space at The National Business Park in Anne Arundel County.

The company will occupy space at 11 National Business Parkway, a two-story, 86,000-square-foot building.

ITT-JTS provides management and operations support for the U.S. Department of Labor's national Job Corps. program.

The CRI building at 4815 Seton Drive is for sale. This square-foot complex, located on 3.86 acres in the Seton Industrial Park, was built in 1987 by CRI International as the corporate headquarters.

CRI, which provided services to petroleum refineries and the petro-chemical industry, was bought by Shell Oil Corp. in 1989 and the headquarters was closed.

The owners are asking $1.96 million for the building.

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