Leaders in Commercial Real Estate for Maryland’s Eastern Shore and the Delmarva Peninsula

Davis & Gillis Sell $22M of Medical Office Space in 4Q 2015

JANUARY 2016, SALISBURY, MD Chris Davis and Bradley Gillis, CCIM, both Senior Advisors with SVN – Miller Commercial Real Estate in Salisbury, MD settled four medical office deals in the fourth quarter of 2015, totaling over $22 million in value. The medical spaces are located throughout Maryland and Delaware. In all four transactions, Gillis represented the seller and Davis represented the buyer.

The properties are as follows: 29,000 square feet located at the Delmarva Health Pavilion in Millsboro, DE, a 22,000 square foot medical building located within Woodbrooke Medical Park in Salisbury, MD, 9,900 square feet in the Bridgeville Medical Center in Bridgeville, DE, and 9,850 square feet of medical space within the Georgetown Medical Center in Georgetown, DE. Delmarva Health Pavilion, Georgetown Medical Center and Bridgeville Medical Center are income-producing properties, occupied by either Peninsula Regional Medical Center or Nanticoke Memorial Hospital.

For more information about these transactions or other available medical space on the Eastern Shore, contact Brad Gillis at Bradley.Gillis@svn.com, or Chris Davis at Chris.Davis@svn.com, or call 410-543-2440.

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