JANUARY 2023, DENTON, MD- A creative partnership between Caroline County Economic Development and Donovan Marine, represented by John Foster of SVN Miller Commercial Real Estate, helped land a lease agreement that brought Patriot Aluminum to Caroline County, Maryland.
Donovan Marine acquired the Bartley Building, a commercial property on Engerman Avenue in the Denton Industrial Park, in 2018. The building was larger than they needed, and provided a value added opportunity to lease out the second suite.
Knowing that the property was available for lease, Caroline County Economic Development & Tourism approached Donovan Marine about using the property as the location for their Caroline Economic Symposium, a high-level review of the economic state of the country, region, and the Eastern Shore. CCEDT Director Debbie Bowden and Business Development Coordinator Kendall Teague knew that this regional event would be an ideal opportunity to market a prime industrial property in Caroline County.
The CCEDT team worked closely with John Foster of SVN Miller, the listing agent for Donovan Marine, to facilitate the use of the property. The event was a great success – more than 125 business leaders and partners filled the warehouse-turned-conference room to learn about the state of economy from Dr. Anirban Basu. The partnership created great exposure for the building, keeping the property top of mind.
When Patriot Aluminum approached Caroline County Economic Development about expanding their operations from Felton, Delaware, Debbie knew firsthand from her experience with the symposium that the Engerman Avenue property would be a perfect fit. She referred Patriot Aluminum to the listing agent, John Foster at SVN Miller, who worked with both parties to close the deal.
“It was a combination of a collaborative partnership, a strong and credit-worthy client and great market conditions that created this fast-moving deal,” said John Foster. “It was a great experience for all parties involved.”
“Donovan Marine recognized the value in showing their space to the business leaders in Caroline County via the Economic Symposium,” said Debbie Bowden. “It was truly a partnership that turned out to be mutually beneficial. We hosted the Economic Symposium in a great space, Donovan Marine got some exposure that led to an active lease, and Caroline County welcomes a growing new business to the community. ”
Caroline County is excited to have Patriot Aluminum join their business community. The company is an American-Veteran owned and operated family business that fabricates a full line of aluminum fence panels, posts, and gates. Patriot Aluminum takes pride in their product quality, customer service, and overall positive atmosphere for both their customers and employees. They currently employ 12 people, with plans to expand to more than 30 full-time jobs that will be offered to the Caroline County community as the business continues to grow. For more information on Patriot Aluminum, please visit patriotaluminum.net.
If you would like to discuss representation with John Foster, he can be contacted at john.foster@svn.com or 410.543.2440.
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. SVN combines a comprehensive national footprint with local decision-making expertise and market-leading execution*.
The Brand pillars represent the transparency, innovation, and inclusivity that enables Advisors to collaborate with the entire real estate industry on behalf of all clients. SVN’s unique Shared Value Network® is just one of the many ways that SVN Miller Advisors create amazing value and maintain an unequivocal commitment to their clients and community (#SVNgivesback).
SVN |Miller is an Accredited Management Organization® (AMO), with a team of dedicated professionals with market-leading knowledge includes a highly trained staff of Certified Property Managers® (CPM®), Brokers who hold the prestigious Certified Commercial Investment Member (CCIM) designation, and members of the Society of Industrial and Office Realtors (SIOR).
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