2-28-20

O wners , D evelopers & M anagers

M id A tlantic Real Estate Journal — Section B

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Dennis of Keller Williams represents developer, Nick Simpson Insley of SVN Miller sells Salisbury Chamber Properties as part of new development S

and used as their main office and parking lot. The SACC properties will expand the latest downtown development project, “The Ross”, a venture being overseen by developer Nick Simpson , who was rep- resented by Tim Dennis of Keller Williams . The Ross is projected to be the tallest building in Salisbury with 12 stories and apartments. It is comprised of 132 E Main St., 130 E. Main St. and now the SACC properties. Tonney worked with the SACC over the past year to create a transpar- ent sales process that allowed buyers to submit offers for the properties and for the SACC to accept that which made the most sense for their needs. The SACC sale is now the second that Tonney brokered as part of “The Ross” project. Tonney also represented the seller in the 2018 sale of 132 East Main St. SVN - Miller is an Accred- ited Management Organi- zation. 

HI-LIGHTS Feb. 28 - March 12, 2020 The properties were owned by the Salisbury Area Cham- ber of Commerce (SACC) Equus Capital Partners acquires 232-unit multifamily community in Greensboro, NC ALI SBURY , MD — Tonney Insley, advi- sor with SVN | Miller Commercial Real Estate aides in Salis- bur y ’ s nex t b i g c h a n g e for downtown. Tonney recent- ly settled on 144 E. Main St. and 119 E. Market St. representing the seller. Tonney Insley

Salisbury Chamber Properties

Cushman&Wakefield named propertymanager for West Nyack, NY industrial and office Asset

West Nyack, NY — Turnbridge Equities has named Cushman & Wake-

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field’s New Jersey As - set Services team as prop- erty manager for 250 West Nyack Rd. in West Nyack. The ass ign- ment marks Cushman & Wake f i e l d ’ s t h i r d a p - pointment by Tu r n b r i d g e in 15 months; the team now oversees near- ly 1.6 million

Green Building/ Environmental

7-15B

Mike Nevins

Chatfield Farms takes the spotlight in the Big Apple

250 West Nyack Rd.

center on the development and roll-out of processes and policies to bring the 240,000 s/f Rockland County industrial and office asset to institutional management standards. “Turnbridge is known for its value-add investment strategy and this newly-acquired as-

set is well-suited to continue the company’s track record of successfully raising the bar at industrial properties,” Nevins said. “We are honored to be part of this fantastic, expand- ing relationship.” Cushman &Wakefield’s East Rutherford-based New Jersey

Asset Services team currently provides property management services for 17.7 million s/f of space in and around the Gar- den State, including 13.7 mil- lion s/f of industrial product. Cushman & Wakefield is a global real estate services firm. 

Karen Hromin

s/f for the Manhattan-based investment and development firm. Cushman & Wakefield’s Mike Nevins and Karen Hromin lead the management team whose initial efforts will

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