Economic Update – February 13, 2025

Economic Update – February 13, 2025

1. CPI INFLATION • Consumer prices rose 0.5% from December and 3.0% year-over-year, according to the latest data from the Bureau of Labor Statistics. • The typically more volatile food and energy prices were key contributors to the increase, but core prices, which...
McClellan Team Sells 955 Mount Hermon Road

McClellan Team Sells 955 Mount Hermon Road

JANUARY 2025, SALISBURY, MD – The McClellan Team with SVN | Miller Commercial Real Estate recently sold 955 Mount Hermon Road in Salisbury, MD. Chris Messick represented the seller, while John McClellan represented the buyer. 955 Mt Hermon Road is a Class A net leased...
Brotzman Leases Space at College Square Shopping Center

Brotzman Leases Space at College Square Shopping Center

JANUARY 2025, SALISBURY, MD – Flo Brotzman, Senior Advisor, with The Hanna Team at SVN | Miller Commercial Real Estate recently leased a 3,000 SF space at College Square Shopping Center in Salisbury, Maryland. This space will be the home to Reyes Styles Barbershop...
Economic Update – January 16, 2025

Economic Update – January 16, 2025

1. END-OF-YEAR LOGISTICS ACTIVITY • The Logistics Managers’ Index (LMI) fell to 57.3 in December, its lowest level in four months. • According to the LMI report, a seasonal slowdown in inventory levels mostly drove the monthly decline. Still, underlying trends show...