AUGUST 2021, POCOMOKE, MD-John McClellan, Senior Advisor with SVN Miller Commercial real estate closed on 1842 Broad Street, Pocomoke, MD. McClellan was working with a Somerset investment group to purchase the property. Tom Knopp, also with SVN Miller listed the property and represented the seller.
1842 Broad St will be home to Simplot Grower Solutions beginning this summer. Simplot, based in Boise, Idaho, provides a full suite of services for farm operations from custom blending and application, field scouting, pest trapping, farm data management, financial services, and so much more. Local advisors are ready to provide supportive service, detailed data, and preferred products to farmers across the nation.
“We are seeing an elevated demand for industrial warehouse space but a very tight market of available opportunities”. Sometimes, you must think outside of the box and explore opportunities that while they might not immediately check all of your boxes, have the potential and ability to fulfill your business needs within a reasonable timeframe. For this deal, we found an ideal location but the building was fully leased. We were able to put the building under contract and through the due diligence process, we analyzed leases and ensured a smooth transition so that when current agreements expired, the buyer could lease out the entire 41,600 square foot building to their new tenant, creating a long-term stable asset generating a positive return on investment,” said McClellan.
Many clients that I work with encounter the obstacle of time. Whether timing is immediate with no current availability, or perhaps more time is needed, the obstacle of time is a frequently encountered hurdle that with a trusted advisor’s help, can be overcome and creatively minimized to achieve your real estate goals. To discuss opportunities with John, please call 410.543.2428 or email john.mcclellan@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.
