M id A tlantic Real Estate Journal — DelMarVa — July 2025 — 19
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D el M ar V a
SVN | Miller attends Denton Industrial Park groundbreaking
V Rail upgrade to enhance links between DC and VA Skanska-FlatironDragados JV awarded $1B contract
IENNA, VA — Skan- ska, a global construc- tion and development firm, and FlatironDragados have been awarded a $1-billion contract by the Virginia Pas- senger Rail Authority (VPRA) to build the Long Bridge North Project. The one-mile rail link will stretch from East Potomac Park to Washington DC’s L’Enfant Interlocking. It is the first of a major two- phased construction initiative that will expand freight and passenger rail service and in- tegrate local, regional, and na- tional transportation networks. The Long Bridge North Proj- ect is part of the larger 1.8-mile Long Bridge Project that will replace and enhance the busy rail corridor from Washington, DC into Arlington, Virginia with a series of linked, four- track modern rail bridges and corridors replacing the aging two track system. The project’s refurbished eastern tracks – which currently serve freight and passenger traffic – will primarily serve CSX Trans- portation, Inc. (CSXT) freight rail. The newly built western tracks will cater mainly to passenger services provided by the Commonwealth’s state- supported Amtrak Virginia service, Amtrak’s long dis- tance service, and Virginia Railway Express (VRE). “Skanska is proud to be leading the construction team and work for the Long Bridge North Project, which will vastly improve freight and passenger rail service in the Capital Region,” said Mi- chael Viggiano , executive vice president, Skanska USA Civil. “With funding in place
Meredith Mears and John Foster, advisors with SVN | Miller Commercial Real Estate recently attended Mill Creek Properties groundbreaking of an under construction 60,000 s/f facility in the Denton Industrial Park.
DENTON, MD — Mer- edith Mears and John Foster , advisors with SVN | Miller Commercial Real Estate recently attended Mill Creek Properties groundbreaking of an under construction 60,000 s/f facil- ity in the Denton Industrial Park at 75 Engerman Ave. in Denton, Maryland. Now pre-leasing this new industrial/flex building with flexible sizing options for $9.00/SF, Mears and Foster shared that there is an an- ticipated delivery date of Q4 2025 and that this project marks the latest industrial warehouse development in the high demand Mid-Shore Market. The Denton Indus- trial Park is located directly in the center of the Delmarva Peninsula, along US Route 404, a major East-West Cor- ridor on the Peninsula. Hav- ing proximity to all signifi - cant transportation routes, including US 301, US Route 50 and US Route 13 through Delaware, the Park’s loca- tion ensures easy access to the Western Shore via the Bay Bridge, the Lower Shore including Sussex County, Delaware and the Salisbury, Maryland area. “We have been grateful to be involved in the growth of the Denton Industrial Park in the past, and now, this fa- cility represents an amazing step forward for meaningful growth and investment, not only for Denton, but for this region,” said Meredith Mears. In other Maryland news, Chick-Fil-A has officially signed a long-term ground lease for the property located at 828 – 840 S Salisbury Blvd., marking the brand’s second full-service location in the Salisbury market. The trans- action represents a significant milestone for the corridor and highlights the continued de- mand for high-quality retail
Long Bridge North Project rendering — a $1B rail initiative by VPRA, built by Skanska and FlatironDragados.
and planning and approvals now complete, this highly com- plex and critical infrastructure project is shovel ready.” The Skanska-Flatiron- Dragados JV’s work on the Long Bridge North Project includes replacing the exist- ing two-track rail corridor with a four-track system, stretching from the south- ern limit near the shore of the Potomac River, through East Potomac Park, across the Washington Channel, and ultimately connecting to L’Enfant Interlocking. “FlatironDragados is pleased to transition from planning to construction with our partners Skanska and VPRA on a project that will improve rail service in this important region,” said Jim Schneiderman , executive
vice president, FlatironDraga- dos. “Through collaboration from day one, we have opti- mized a complex project to minimize construction risk and to enable greater schedule and cost certainty.” Construction is set to begin in July 2025 and comes with an anticipated completion date of Q4 2030. The Skanska-Flatiron- Dragados Joint Venture is supporting the Virginia Pas- senger Rail Authority (VPRA) in delivering this critical project in collaboration with CSXT, Amtrak, VRE, District Department of Transportation (DDOT), National Park Ser- vice (NPS), the Federal Rail- road Administration (FRA) and other agencies overseeing the project area. MAREJ
Bob Breeding General Contractors, LLC branches into development at industrial park. along one of Salisbury’s most heavily traveled commercial corridors. The site, part of a joint venture partnership, will be developed into a full-service, drive-thru Chick-Fil-A res- taurant. The new location will complement the brand’s existing presence in Salis- bury and provide expanded access to one of the nation’s most sought-after quick- service brands. Tonney Insley , senior advisor with SVN | Miller Commercial Real Estate, represented the landlords in the transaction. Bob Mor- ris of KLNB represented Chick-Fil-A. “We’re thrilled to welcome Chick-Fil-A to this prime signalized intersection,” said developer/landlord, Brent Miller, CCIM, CPM . “From the beginning, our goal was to attract a best-in-class op- erator that would add real value to the corridor and the broader Salisbury communi- ty and Chick-Fil-A does that. We’re excited to see the site come to life and to be part of a project that brings long-term benefit to Salisbury.” MAREJ
KLNB secures $11.4M sale of NoVa Shopping Center
HAYMARKET, VA — KLNB ’s Retail Capital Mar- kets Team has completed the successful sale of the Shoppes at Haymarket, a 22,400 s/f neigh- borhood shopping center located at 6711-6749 Lea Berry Way in Haymarket, VA, for $11.375 million. KLNB was hired to exclusively represent the seller, Fernau LeBlanc Investment Partners in the transaction. The Shoppes at Haymarket is currently 100% leased to 13 tenants and has demonstrated exceptional tenant retention and income stability, with 66% of occupants in place for over 20 years. Shadow-an- chored by a newly renovated
Shoppes at Haymarket
effort that generated strong investor interest, resulting in more than 10 offers and a clos- ing price at 98% of the broker’s pricing guidance. MAREJ
Aldi and Planet Fitness, the center showcases a strong mix of service, medical, and restaurant tenants. KLNB ran a marketing
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