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

Seaford Industrial Plant Sold to Railroad Company

JANUARY 2018, SEAFORD, DE – SVN-Miller Commercial Real Estate Senior Advisors John McClellan, CCIM, Henry Hanna, CCIM, SIOR, and Tom Knopp collaborated to sell the former BASF Polymer Plant located at 100 Industrial Blvd in Seaford, DE. The 37,000 square foot building along with an adjacent 6.63 acre parcel was an ideal match for Carload Express, due to the frontage on the main North South rail line.

Carload Express is a leading short line railroad and transportation company serving Delaware, Maryland, Pennsylvania, Ohio and the surrounding region. Carload Express recently assumed control of the Norfolk Southern rail lines on the majority of the Delmarva Peninsula. They plan to use this property as an intermodal rail/truck facility as well as a storage and distribution center.

“Seaford continues to prove that they are ready to do business, and this deal will benefit their economy by allowing businesses to utilize rail and reduce costs,” stated Senior Advisor John McClellan. “The industry wants rail service and the Eastern Shore is the place to get it,” said Henry Hanna. “This is the third sale on rail in recent months.”

For more information about additional industrial properties on the Eastern Shore, contact John McClellan at john.mcclellan@svn.com, Henry Hanna at henry.hanna@svn.com, or Tom Knopp at tom.knopp@svn.com, or call 410-543-2440.

SVN-MILLER COMMERCIAL REAL ESTATE

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).

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