Economic Update – August 25, 2023

Economic Update – August 25, 2023

1. AI AND COMMERCIAL REAL ESTATE • A recent article by MSCI Real Capital Analytics suggests that despite the growing concern about AI’s potential impact on commercial real estate, a balanced view should be taken that considers both the economic risks of AI and its...
Cox and Mears Bring New Medical Office to Delmar, Maryland

Cox and Mears Bring New Medical Office to Delmar, Maryland

AUGUST 2023, DELMAR, MD – SVN | Miller Commercial Real Estate senior advisors Wesley Cox, CCIM and Meredith Mears have successfully collaborated to lease a 3,500 SF medical office space on 9315 Ocean Highway in Delmar, Maryland. The space will be the new home to...
Economic Update – August 11, 2023

Economic Update – August 11, 2023

1. CPI INFLATION • The Consumer Price Index (CPI) rose 3.2% from one year ago, roughly in line with last month’s increase and climbing just 0.2% month-over-month. • Core prices, which exclude food and energy rose 4.7% year-over-year, the lowest annual increase since...
Mears Appointed to Board of Hudson Behavioral Health

Mears Appointed to Board of Hudson Behavioral Health

AUGUST 2023, SALISBURY, MD – Meredith Mears, Senior Advisor with SVN | Miller Commercial Real Estate has recently been appointed to the board of Hudson Behavioral Health. Hudson Behavioral Health is a residential addiction treatment program on the Eastern Shore....