APRIL 2023, SALISBURY, MD – Andy Ball and Chris Peek, Senior Advisors with SVN Miller Commercial have leased 205 Moss Hill Lane, Salisbury, MD, marking the most recent development in an extensive refurbishment effort that started when SVN Miller sold the building to a local investor in 2022. This will be the first location for W.B. Mason on the Lower Eastern Shore.
W. B. Mason opened in 1898 in Massachusetts. It has become the second largest privately owned workplace products dealer in the U.S. Their website boasts, “We are an organization focused on solving customer problems with personalized services and customized solutions.”
This lease marks the latest event in an extensive renovation project that began when SVN Miller sold the property to a local investor in 2022. The Buyer completed several major upgrades including a new roof, a new façade, upgraded dock facilities, new paving, and extensive interior renovation.
The building was previously used as a storage warehouse. Ball and Peek approached the prior owner and were able to negotiate a deal on the off-market property. With the completion of this lease, the Moss Hill building is now fully leased and ready to serve as a valuable asset to the local business community.
“There were a number of moving parts to this sale and subsequent lease to a top-quality corporate Tenant. Andy Ball and Chris Peek did a great job marketing the property and keeping on top of the transaction all the way through the process.” Said the current owner.
Ball and Peek cooperated with Joe Palermo with NAI Michael out of Baltimore, MD. Palermo represented the tenant, WB Mason, in this transaction.
If you would like to discuss potential real estate opportunities with Andy or Chris, they can be reached at Andy.Ball@svn.com or Chris.Peek@svn.com or by phone at 410.543.2440.
SVN | Miller Commercial Real Estate is a regional firm specializing in commercial real estate, providing advisory, brokerage, consultation, leasing, and asset & property management services to clients in the Mid-Atlantic Region. SVN combines a comprehensive national footprint with local decision-making expertise and market-leading execution*.
The Brand pillars represent the transparency, innovation, and inclusivity that enables Advisors to collaborate with the entire real estate industry on behalf of all clients. SVN’s unique Shared Value Network® is just one of the many ways that SVN Miller Advisors create amazing value and maintain an unequivocal commitment to their clients and community (#SVNgivesback).
SVN |Miller is an Accredited Management Organization® (AMO), with a 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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