Leaders in Commercial Real Estate for Maryland’s Eastern Shore and the Delmarva Peninsula

Hanna and Gillis Sell Downtown Salisbury Waterfront Land

JANUARY 2014, SALISBURY, MD – Henry Hanna, CCIM, SIOR, Senior Advisor with Sperry Van Ness – Miller Commercial Real Estate in Salisbury, MD is pleased to announce the sale of 3.04 acres of Riverfront property in Salisbury, MD. The land at 500 Riverside Drive sits directly on the Wicomico River and is zoned in the Central Business District. It is 1 mile from Salisbury University and walking distance to PRMC, the Wicomico County Public Library, and Historic Downtown Salisbury. The property sold for $500,000. Henry Hanna, CCIM, SIOR and Wesley Cox, CCIM represented the seller and Bradley Gillis, CCIM and Joey Gilkerson represented the buyer, Devreco, LLC.

“We are excited about the potential of this site. It’s a wonderful time to make an investment in Downtown Salisbury, Maryland, and we look forward to finalizing the vision for this waterfront parcel and complementing the fantastic progress of Downtown revitalization” Gillis said. For more information about other available properties on the Eastern Shore of Maryland, contact Henry Hanna, CCIM, SIOR at henry.hanna@svn.com or Bradley Gillis, CCIM at Bradley.gillis@svn.com.

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