January 2021, Salisbury, MD- Henry Hanna, CCIM, SIOR, Tom Knopp, and Chris Peek of SVN | Miller Commercial Real Estate listed and sold the 25+ acre lot just off S. Division Street in Salisbury, MD. Hanna and Peek listed the property and Tom Knopp represented the buyer in this deal. The three worked diligently and efficiently to meet the goal of the seller and secure the investment for the buyer.
The lot, known as University Orchard-Phase 2, is located at the corner of S. Division Street & Farmers Market Lane and just ½ mile from Salisbury University Main Campus. The location was originally intended to be the second phase of student housing development “The Orchard.” The buyer intends to build townhomes on the lot, though it is undecided if these will be solely for student housing.
Seller-Bill Hearne said, “I wanted this property sold and settled in 2020 and I knew if anyone could get this job done, Henry Hanna could.” Henry Hanna says, “We used the SVN National Network to expose this property to out of state investors and found a qualified buyer that settled before year end.”
Hanna is part of The Hanna Team at SVN Miller Commercial Real Estate. The team of 3 consist of Henry, Wesley Cox, CCIM and Flo Brotzman and offer clients a collective 60+ years of real estate knowledge and expertise. To reach The Hanna Team, please call the office at 410.543.2440 or email henry.hanna@svn.com, Wesley.cox@svn.com, or flo.brotzman@svn.com.
SVN | Miller Commercial Real Estate, with offices in Salisbury, MD, Bethesda, MD, Easton, MD, Seaford, DE, and Onley, VA 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).
SVN | Miller Commercial is currently ranked #7 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.
