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

McClellan & Gilkerson Sell Industrial Building to User/Investor

JUNE 2017, SALISBURY, MD – SVN | Miller Commercial Real Estate Advisors John McClellan, CCIM and Joey Gilkerson collaborated to sell 406 Marvel Road in Northwood Industrial Park. The 60,000 square foot warehouse/manufacturing building, situated on over 6 acres, was purchased by Demco (Delmarva Electric Motors). John McClellan was the listing agent and Joey Gilkerson represented the buyer.

Demco, a one-stop shop for electric motor needs, has been in business for nearly 60 years and is currently located on Gordy Road in Salisbury, MD. They plan to make extensive renovations to their new space as well as clear the easterly lands to allow more visibility for the property. Demco will occupy approximately half of the property and the remaining square footage will be available for lease.

“As we approach our 60th anniversary we are excited to expand into a larger space and join the Northwood Industrial Park Community,” stated Gary Brown, owner of Demco. “We are thankful to Joey for helping us find the perfect property to continue to provide our clients with top-notch service at a reasonable price.”

For more information about this transaction or to inquire about available properties on the Eastern Shore, email John McClellan at john.mcclellan@svn.com, Joey Gilkerson at joey.gilkerson@svn.com or call 410-543-2440.

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