SVN | Miller Commercial Real Estate Advisors Brent Miller, CCIM, CPM and Tonney Insley just closed on a 7,640 SF mixed-use building in receivership located in Downtown Easton, MD. The listing, located at 216 East Dover Street was through a partnership with Tony Yousif, a Senior Director with SVN | Asset Advisory Group in San Diego, CA.
The buyer was represented by Leo McDermott of Brexton Commercial, based in Baltimore, MD. Future plans for the property are to re-tenant the vacant commercial units and hold it as a long-term investment. The property traded for $775,000.
“Overall, this sale is a great example of the SVN national business model of cooperation among SVN offices across the country,” stated Advisor Tonney Insley. “The SVN Difference allows us to share our deals 50/50 in order to drive competition and increase the final sales price.”
To inquire about this transaction or available properties in the Mid-Shore Region, contact Brent Miller at brent.miller@svn.com, or Tonney Insley at tonney.insley@svn.com, or call 410-543-2440.
SVN | Miller Commercial Real Estate, with offices in Salisbury, MD, Annapolis, MD, Bethesda, MD, Seaford, DE, and Wilmington, DE is a financial services firm specializing in commercial real estate. We provide advisory, brokerage, consultation, leasing and asset and property management services to clients in Maryland, Delaware, and Virginia. Our day-to-day goals are to consistently provide spectacular customer service, to be on the cutting edge of technology and innovative marketing, and to provide the vision needed to achieve our clients' real estate investment goals.
SVN | Miller is an Accredited Management Organization® (AMO). Our team includes a highly-trained staff of Certified Property Managers® (CPM®), Brokers who hold the prestigious Certified Commercial Investment Member (CCIM) designation, and members of the Society of Industrial and Office Realtors (SIOR).
For information on how to make SVN | Miller Commercial Real Estate the key to your success, contact 410-543-2440 or visit our website www.SVNmiller.com.
