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

SVN-Miller Advisors Sell Blackwater Terminal Facility

SEPTEMBER 2015, SALISBURY, MD – Sperry Van Ness – Miller Commercial Real Estate Advisors Chris Peek, CCIM and Rick Tilghman, CCIM recently sold the Blackwater Maryland Terminal Storage & Distribution Facility in Salisbury, MD. The 27 acre property fronts on the Wicomico River and was purchased by Center Point Terminal Company, LLC, which was represented by Randy Bendler of Bendler Realty. Center Point plans to take over the Blackwater Services and continue to be an oil/fuel distribution facility.

“When our company decided to sell our industrial site in Salisbury, Maryland, we wanted a team of industrial real estate professionals that had local market expertise, along with the ability to extend our reach into a regional marketing plan,” stated Frank Marrocco, Vice President of Blackwater Midstream. “Chris Peek and Rick Tilghman at Sperry Van Ness worked tirelessly to find the right buyer for our site and assisted in all aspects of the deal from the start all the way through to a successful closing. My company was very satisfied with the results that Sperry Van Ness provided and would highly recommend their professional industrial real estate services.”

For more information about this transaction contact Chris Peek, CCIM at chris.peek@svn.com or Rick Tilghman, CCIM at rick.tilghman@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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