Economic Update- November 2022

Economic Update- November 2022

1. INTEREST RATE HIKE • On November 2nd, the FOMC voted to increase the Federal Funds Rate by 75 bps for the fourth consecutive time, taking the benchmark interest rate to its highest since early 2008. The current Federal Funds Target Rate sits at 3.75%-4.00. • In the...
Major Employer Growth Requires Warehouse Expansion

Major Employer Growth Requires Warehouse Expansion

NOVEMBER 2022, SALISBURY, MD- The McClellan Team of SVN | Miller Commercial Real Estate have leased 510 West Road, Salisbury, MD. John McClellan, CCIM, SIOR, Senior Advisor, Kelly Jeter, Advisor, and Chris Messick, Associate Advisor, recently worked with Chesapeake...
Economic Update

Economic Update

1. INTEREST RATE HIKE • On November 2nd, the FOMC voted to increase the Federal Funds Rate by 75 bps for the fourth consecutive time, taking the benchmark interest rate to its highest since early 2008. The current Federal Funds Target Rate sits at 3.75%-4.00. • In the...
Christian Store Finds New Home

Christian Store Finds New Home

NOVEMBER 2022, SALISBURY, MD- Flo Brotzman of The Hanna Team with SVN Miller Commercial Real Estate, is pleased to announce the new home for Thirst No More Christian Store. They have relocated to Unit 204 in the Oakridge Commons Shopping Center located at 321 Tilghman...