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

SVN Land Group Announces Banner Year in Land Market with Release of Land Report

FEBRUARY 2017, SALISBURY, MD SVN Land Group is starting off 2017 with the third release of their annual Land Report.  After closing on over 40 tracts of land totaling over 4,500 acres with $28M in total trade value Ben Alder of SVN Land Group is energized by the success and looking forward to 2017.  “2016 has been a banner year for us in the dirt business and our singleness of purpose seems to be paying off,” Alder stated, sitting in the SVN Miller office last week.

The team slogan of “We Sell Dirt” was coined a few years back and has appeared on drink coasters, shirts and hats.  “I even put it on my luggage”, Alder explained, “it helps me find my bags at the airport and it makes it easy to tell folks what we do.”

The SVN Land Group is a business unit within the SVN-Miller Commercial Real Estate Firm located in Salisbury, MD.  The team is comprised of Senior Advisor Ben Alder, Advisor Doug Williams and Advisor Nick Campanaro.  Together they work from Kent County, DE to Northampton County in Virginia.  “Our hard work in Delaware paid off this year; we sold over 1000 acres through 6 farms and also worked diligently in Accomack County to service poultry developers working to build new poultry housing.”

2016 saw notable growth for the Land Group with the addition of Advisor Doug Williams, whose focus is in Delaware and the upper Eastern Shore of Maryland.  Brent Miller, CCIM, CPM, Managing Director of SVN-Miller exclaimed “the growth and collaboration of the land group highlights the principles of SVN and the vision we have worked to build over the past 10 years.”

SVN Land Group’s Annual Land Report summarizes recent land transactions with attention to land transfers related specifically to agriculture, forestry and recreation.  Land transfers relating to changes in land use are removed from the data sets in order to accurately depict raw land values without entitlement or unique zoning.  The Land Group regularly works on projects which include changes in land use, but believe reporting land values in this manner more accurately measures actual raw land value without being skewed by a few high valued transactions.  The 2017 report accounts for transactions in six counties and over 100 land transfers.

The Land Report is available on the SVN Land Group’s website at www.SVNlandgroup.com or by contacting Nick Campanaro directly at nick@svnlandgroup.com and hard copy by mail if requested.

The Land Group regularly conducts free property analyses for raw and entitled land to advise landowners on management of their land based assets.  To speak with SVN Land Group about how they might assist you, Ben Alder can be reached at ben@svnlandgroup.com or by phone at 410-543-2440.

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