JANUARY 2017, EASTON, MD – SVN | Miller Commercial Real Estate Advisors Brent Miller, CCIM, CPM and Tonney Insley just closed on a 7,640 SF mixed-use building in receivership located in Downtown Easton, MD. The listing, located at 216 East Dover Street was through a partnership with Tony Yousif, a Senior Director with SVN | Asset Advisory Group in San Diego, CA.
The buyer was represented by Leo McDermott of Brexton Commercial, based in Baltimore, MD. Future plans for the property are to re-tenant the vacant commercial units and hold it as a long-term investment. The property traded for $775,000.
“Overall, this sale is a great example of the SVN national business model of cooperation among SVN offices across the country,” stated Advisor Tonney Insley. “The SVN Difference allows us to share our deals 50/50 in order to drive competition and increase the final sales price.”
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).