12A — September 17 - October 21, 2021 — DelMarVa — Delaware — M id A tlantic Real Estate Journal
www.marej.com
D elaware
Thawley of Re/Max Advantage Realty who represents buyer McClellan of SVN | Miller sells Seaford, DE medical office to multi-family developer
S
After utilizing various agents, the owner enlisted the help of the McClellan Team and SVN | Miller to begin marketing the property. “It has become increasingly difficult to find the exact prop - erty you are looking for and the ability to think outside of the box can be extremely beneficial in helping you see beyond the “medical finishes” and explore the myriad of other opportuni- ties for the building. We were pleased to work with Kevin Thawley of Re/Max Advan - tage Realty who represented the buyer,” said McClellan. In other news, John McClel- lan closed on 1842 Broad St., Pocomoke, MD. McClellan was working with a Somerset investment group to purchase the property. Tom Knopp , also with SVN Miller listed the property and represented the seller. 1842 Broad St. will be home to Simplot Grower Solutions. Simplot provides a full suite of services for farm operations from custom blending and ap- plication, field scouting, pest trapping, farm data manage- ment, financial services, and so much more. “We are seeing an elevated demand for industrial ware- house space but a very tight market of available opportu- nities”. Sometimes, you must think outside of the box and explore opportunities that while they might not immedi- ately check all of your boxes, have the potential and ability to fulfill your business needs within a reasonable timeframe. For this deal, we found an ideal location but the building was fully leased. We were able to put the building under contract and through the due diligence process, we analyzed leases and ensured a smooth transition so that when current agreements expired, the buyer could lease out the entire 41,600 square foot building to their new ten- ant, creating a long-term stable asset generating a positive return on investment,” said McClellan. Many clients that I work with encounter the obstacle of time. Whether timing is immediate with no current availability, or perhaps more time is needed, the obstacle of time is a fre- quently encountered hurdle that with a trusted advisor’s help, can be overcome and cre- atively minimized to achieve your real estate goals. MAREJ
EAFORD, DE — John McClellan s enior ad- visor with SVN Miller
Commercial settled on 1 Cedar Ave., Seaford. The property is a free-standing office build- ing located at the corner of Cedar Ave.
John McClellan
and High St. in Downtown, Seaford. The property was sold to a local developer who cur- rently has the building listed for lease and is considering a
1 Cedar Ave.
multifamily redevelopment project.
The building, formerly home to a medical practitioner, had
been sitting vacant and on the market for an extended period.
NEWYORK
PHILADELPHIA
BALTIMORE
DOVER
WASHINGTON
Located in the center of the Mid-Atlantic region. |
302-678-3057 • Lparkowski@ccded.com
Made with FlippingBook Online newsletter maker