MARCH 2016, SALISBURY, MD – SVN | Miller Commercial Real Estate hosted a renovation groundbreaking at 601 E. Main Street in Salisbury, MD on Thursday, March 3 which drew a crowd of close to 100 people. The former Hostess Bakery Outlet was recently sold to Silicato Development, represented by SVN | Miller Managing Director Brent Miller, CCIM, CPM. Senior Advisor Henry Hanna, CCIM, SIOR represented the seller in the transaction.
Dennis Silicato of Silicato Development is redeveloping the 21,000+ square foot space into River Park Center, a professional office building. Salisbury based architecture firm Davis, Bowen & Friedel, Inc. has agreed to lease the east side of the building, nearly 12,000 square feet of space. They are currently located in the One Plaza East Building in Downtown Salisbury but needed to make a move so they could have their entire organization on one floor, allowing for collaboration amongst colleagues. Davis, Bowen & Friedel designed the interior and façade of the building and local construction company Gillis Gilkerson has been hired to complete the interior buildout and renovations.
Davis, Bowen & Friedel Principal Mike Wigley stated, “The vision of River Park Center began when we acknowledged our organization sought a more collaborative work environment at a truly inspiring location across from the City Park. With the professional guidance of SVN | Miller Commercial Real Estate, and by partnering with longtime friends of Davis, Bowen & Friedel, Inc. in Silicato Development and Gillis Gilkerson, this vision is finally on its way to reality.”
The 9,189 square foot space on the west side of the building is still available for lease at a rate of $15 sf/yr NNN. The scenic location across from the City Park and within steps to Downtown Salisbury is a great opportunity for a tenant needing class A office space with ample parking.
SVN-MILLER COMMERCIAL REAL ESTATE
SVN - Miller Commercial Real Estate, with offices in Salisbury, MD, Easton, MD, and Seaford, DE is a financial services firm specializing in commercial real estate. We provide advisory, brokerage, consultation, leasing and asset and property management services to clients in the Mid-Atlantic Region. We combine a comprehensive national footprint with local decision making, expertise and market-leading execution. We maintain an unequivocal commitment to our clients and community (#SVNgivesback).
SVN - Miller is an Accredited Management Organization® (AMO). Our 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).