by Alexis Black | Sep 10, 2024
SEPTEMBER 2024, SALISBURY, MD – John McClellan and Kelly Jeter recently sold two net leased Napa Auto Parts stores in Salisbury and Pocomoke. The Napa Auto Parts store in Salisbury was a 20,204 SF building at 651 Roland Street. The Pocomoke store was a 6,300 SF...
by Alexis Black | Sep 4, 2024
1. FED POISED TO PIVOT • The FOMC is poised to cut interest rates in September for the first time in over two and a half years, evidenced by recent statements from Fed Chair Jerome Powell and a 100% consensus forecast that has formed in futures markets. • During a...
by Alexis Black | Aug 15, 2024
1. INFLATION • According to the BLS, the US Consumer Price Index (CPI) reaccelerated on a monthly basis in July but continued to decelerate annually. Prices rose by 0.2% between June and July, following a decline of 0.1% the previous month. Prices decelerated to 2.9%...
by Alexis Black | Aug 13, 2024
AUGUST 2024, SALISBURY, MD – The McClellan Team with SVN | Miller Commercial Real Estate recently sold the former Pemberton Pharmacy on Pemberton Drive. John McClellan and Kelly Jeter represented the seller, while fellow team member, Chris Messick, represented the...
by Alexis Black | Aug 6, 2024
AUGUST 2024, SALISBURY, MD – John McClellan and Henry Hanna, Senior Advisors with SVN | Miller Commercial Real Estate recently collaborated on the sale of 1401 Mount Hermon Road in Salisbury, MD. This building will be the new home to the Wicomico County Health...
