JULY 2024, EASTON, MD – SVN | Miller Commercial Real Estate Advisors, John McClellan, Bob Greenlee, and Liz Connelly recently sold the former Perdue Agribusiness grain facility located at 409 and 505 Brookletts Avenue in Easton, MD. This property was purchased by a development group. Fellow SVN | Miller Advisor, Ross Benincasa, brought the buyer for this deal.
The two parcels span 6.54 Acres. There are currently 2 buildings on the site, a 6,654 SF office building and a 5,888 SF storage building, both to be demolished in the redevelopment. This property has been identified since 1997 as a high-interest site by the Town of Easton for redevelopment. 409 and 505 Brookletts Avenue will bring necessary rental housing stock to town on infill sites. This property will become a vibrant mixed-use site for the East End neighborhood.
“We were pleased to identify this site in the East End neighborhood and represent Chesapeake Community Development throughout the transaction,” Benincasa said. “It will be exciting to see the long-awaited redevelopment occur on this site for the residents of Easton.”
If you would like to speak with any of these Advisors, their information is below. You can also call the office at 410.543.2440.
Ross Benincasa; ross.benincasa@svn.com , 443.390.2463
Liz Connelly; liz.connelly@svn.com , 410.829.8970
Bob Greenlee; bob.greenlee@svn.com , 410.714.9766
John McClellan; john.mcclellan@svn.com , 410.543.2428
SVN | Miller Commercial Real Estate is a regional firm specializing in commercial real estate, providing advisory, brokerage, consultation, leasing, and asset & property management services to clients in the Mid-Atlantic Region. (#SVNgivesback) The firm’s unique Shared Valued Network reflects its commitment to transparency, innovation, and inclusivity enabling collaboration with the entire commercial real estate industry for the benefit of clients and community.
SVN | Miller is an Accredited Management Organization® (AMO), boasting a team of dedicated professionals with market-leading knowledge and expertise including Certified Property Managers® (CPM®), Certified Commercial Investment Members (CCIM), and members of the Society of Industrial and Office Realtors (SIOR). SVN | Miller Commercial is currently ranked #8 out of 200+ international SVN® Offices. 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.