McClellan Team Sells Historic Warehouse a Second Time

Outside of the Brown Street Building

The McClellan Team has sold 713 Brown Street in Salisbury, MD. The 85,000 SF wood frame warehouse originally served as a railroad depot in the late 1800’s and is currently being utilized as warehouse space. This marks the second time McClellan has sold this facility.

McClellan first sold the large historic warehouse in 1997 as warehouse space to a company whose primary operations ran nearby. Now, 25 years later, John and Kelly have sold The Brown Street warehouse, often referred to as “Big Brown,” again.

The McClellan Team realized the incredible potential of such a property and its ability to offer value to a prospective buyer with vision. The rough exterior hides an expansive property located in the heart of Salisbury, zoned light industrial, and offering potential buyers’ immense opportunity. Though many thought the property was a “tough sell”, the McClellan team was confident they would find the right buyer.

Richard Fahey, owner and President of Peninsula Roofing said, “John is willing to take on challenging projects that others lack the vision to see to completion. In the end, it is all about trust. Trust that I am getting honest and transparent communications. Trust that my project is just as important as any he has. Trust that my return will be the best that anyone can provide.”

“The “Big Brown” transaction is a testament that beauty really is in the eye of the beholder. I was pleased to work with both the buyer and seller in this transaction and I look forward to the repurposing of a building that has sat largely vacant for an extended period of time.” Said John McClellan.

“If I can assist you in the evaluation or marketing of a unique asset, please do not hesitate to contact me. Remember, it is all about how the property is positioned in the market and finding the right buyer(s) that see value of your asset.” The McClellan Team can be reached at 410-543-2428 or john.mcclellan@svn.com or kelly.jeter@svn.com.

SVN | Miller Commercial Real Estate, with offices in Salisbury, MD, Bethesda, MD, Easton, MD, Seaford, DE, and Onley, VA is a regional firm specializing in commercial real estate in the Mid-Atlantic region. 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).

SVN | Miller Commercial is currently ranked #8 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.

 


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).