OCTOBER 2024, SALISBURY, MD – Tonney Insley and Ryan Finnegan, Advisors with SVN | Miller Commercial Real Estate recently sold 700 E Main Street in Salisbury, MD.

700 E Main Street is a 10,880 SF Class A multi-tenant office investment. The major tenants include Airiam, a technology solutions group, and Handy Seafood Inc., headquarters of America’s oldest seafood processor.

The property was purchased by entrepreneur Doug Church in the mid-2000’s and completely redeveloped from a shell building to a first-class office property. Church’s vision for the property and smart design choices ultimately led to the stable long-term tenant base, making the property a solid investment opportunity for the buyer.

Church’s own business was located on the property for a number of years and he not only made the property his business home,  but oversaw the property’s redevelopment and day-to-day management as well. “I poured a lot of energy into reimaging this property and I am very proud of that fact. I am also excited for the Buyer and appreciate the efforts by Tonney and Ryan to find such an appropriate new owner for the building.”

The Buyer, an affiliate of Keller Brothers, Inc. purchased the property as an investment, with plans to make it their regional headquarters in the future.

Phillip Keller said, “This property is first-class, and it fits our near and long-term needs. Ryan and Tonney were always available and knew what we wanted in our investment. We are very happy with the property and for the guidance we received to make the deal happen. We’re excited to expand our presence in the regional market and this purchase is an integral part of our strategy.”

If Tonney Insley or Ryan Finnegan can assist with your real estate needs, call 410.543.2440 or email tonney.insley@svn.com or ryan.finnegan@svn.com.

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. (#SVNgivesback) The firm’s unique Shared Valued Network reflects its commitment to transparency, innovation, and inclusivity enabling collaboration with the entire commercial real estate industry for the benefit of clients and community.

SVN | Miller is an Accredited Management Organization® (AMO), boasting a team of dedicated professionals with market-leading knowledge and expertise including Certified Property Managers® (CPM®), Certified Commercial Investment Members (CCIM), and members of the Society of Industrial and Office Realtors (SIOR). SVN | Miller Commercial is currently ranked #4 out of 200+ international SVN® Offices. For information on how to make SVN | Miller Commercial Real Estate the key to your success, contact 410-543-2440 or visit our website www.SVNmiller.com.