Press Release brought to you by NAI Coastal

Phillips and Merritt Sell Zion Road Building to Investor

04/16/2020

Advisors Christian Phillips and George Merritt recently acted as dual agents in the sale of 2333 North Zion Road, former location of Advanced Pest Management (APM). The purchaser’s renovation plans include both interior updates and exterior façade changes. In the coming months, the +/- 2,272 square foot office building will be relisted for lease, adding a modernized office option to the Salisbury market.

“George and I teamed up to sell this property and were able to quickly identify the right buyer based on our understanding of the local market and what the area’s needs were,” said Phillips. “From gaining the initial listing to settlement, we closed the deal in about 120 days. We look forward to helping new ownership secure a tenant in the same fashion.”

For more information on this transaction or the future leasing details, contact Christian Phillips or George Merritt at 410-543-5115 or christian@naicoastal.com / george@naicoastal.com.

About NAI Coastal

NAI Coastal is a full-service commercial brokerage headquartered at 108 Pine Bluff Road in Salisbury, Maryland with a branch office in Easton, Maryland. The team of twelve advisors have comprehensive market knowledge and an unwavering commitment to the Delmarva region. In addition to brokerage and development, NAI Coastal rounds out their service offerings with consulting, which covers leasing, assemblage, acquisition and sale and investment advising. For more information please visit www.naicoastal.com or call 410-543-5115.

Source

NAI Coastal

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