FEBRUARY 2016, SALISBURY, MD – SVN | Miller Commercial Real Estate Senior Advisors John McClellan, CCIM, Henry Hanna, CCIM, SIOR and Tom Knopp recently settled on one of the largest industrial buildings on Delmarva after years of hard work. The former Georgia Pacific property near the Harrington Fairgrounds closed in 2013 and the company selected the SVN | Miller Advisors to represent their listing over some much larger multi-national brokerages.
Located at 17507 South Dupont Highway in Harrington, DE, the 196,000 square foot property was operated for many years as Colorbox, a printing facility for food grade packaging. The facility was shuttered in late 2013 as part of a plant consolidation by the parent company Georgia Pacific. It was purchased by Dover-based FMH Properties, LLC for $1,426,000. Larry Thompson of R&R Commercial Realty in Dover, DE represented the buyer. “When properties of this size finally begin to move, it’s a sign of growing confidence in the strength of the regional economy,” said John McClellan.
For more information about this purchase or other industrial properties on the Delmarva Peninsula, contact John McClellan at firstname.lastname@example.org, Henry Hanna at email@example.com, or Tom Knopp at firstname.lastname@example.org, or call 410-543-2440.
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).