Miller Sells Investment Property in Salisbury, MD
APRIL 2016, SALISBURY, MD – Brent Miller, CCIM, CPM, Managing Director and Senior Advisor with SVN | Miller Commercial Real Estate is pleased to announce the sale of a shopping center on South Division Street in Salisbury, MD. The property was originally purchased in 2004 by a group of local investors and at the time SVN acted as the selling & buying agent. For the last 12 years SVN | Miller managed and leased the property; successfully growing the income, managing the expenses and adding value to the property. SVN | Miller Property Managers Bart Miller and Rick Tilghman worked directly with the owners and tenants to manage the property. Notable tenants at the property include Mitchell’s Martial Arts, Classic Cakes, Kim’s Oriental Grocery, Park’s Custom Tailoring and more.
Brent Miller and Tonney Insley, both Advisors with SVN | Miller represented the seller and Bret Davis of Keller Williams Realty represented the buyer. “This deal is a great success story for our firm,” stated Brent. “We have worked with an exceptional group of tenants at the South Division Street property over the last twelve years and have been pleased to see them succeed. It is always our goal to increase the wealth of our investment clients, and having a full-service firm that offers not only brokerage but also leasing, property management and maintenance allows us to do so.”
For more information about this transaction or SVN | Miller’s Investment Advising service, contact Brent Miller at email@example.com or call 410-543-2440.