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

SVN-Miller Advisors Bring Harbor Point Plaza from Vacant to Vibrant

MAY 2015, SALISBURY, MD – Sperry Van Ness – Miller Commercial Real Estate Advisors Tom Knopp and Mike Bireley listed Harbor Point Plaza at the beginning of 2015. The 10,000 square foot shopping center at the entrance of Harbor Point Village on Pemberton Drive in Salisbury, MD was formerly anchored by Apple Discount Drugs and had an optimal tenant mix, but when Knopp and Bireley took the listing the Plaza was 100% vacant.

Fast forward to today and the Plaza is over 75% occupied. SVN-Miller Advisor Tonney Insley leased a 3,700 square foot space to Salisbury Learning Center – a local daycare that is opening their second location. Salisbury Learning Center signed a five year lease and is currently taking enrollments. Insley also leased a 1,000 SF space to Tidewater Tack, a horse tack consignment shop. SVN-Miller Advisor Will Moore leased the entire first building, a 2,700 square foot space, to Fit Body Boot Camp which signed a three year lease. SVN-Miller Senior Advisor Chris Peek leased 700 square feet to State Farm Insurance Agent Jim Nock. Joe Balsamo, owner of Harbor Point Plaza stated, “I was very satisfied with the service of all of the Advisors I dealt with at SVN-Miller while they worked to lease 75% of the available square footage at Harbor Point Shopping Center. They were very professional, knowledgeable and prompt in dealing with all of my concerns and needs.”

Harbor Point Plaza still has a few remaining office/retail spaces available, and the entire Plaza is listed for sale as an investment property. For more information about this property, contact Tom Knopp at tom.knopp@svn.com, Bradley Gillis at Bradley.gillis@svn.com, or Mike Bireley at michael.bireley@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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