12 — November 2025 — Maryland — DelMarVa — M id A tlantic Real Estate Journal
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M aryland
Northwood Business Center achieves full occupancy SVN | Miller completes key flex and retail transactions S
Neuman brokers $3.5M sale of 1.2-acre site Annapolis Criswell Acura changes hands after 44 years
arranged the sale to the ten- ant. The sale price was $3.5 million. Gil Neuman explained: “The decades-long Criswell lease was nearing its end. We procured multiple prospective purchasers and new prospective lessees, but Criswell interjected to pur- chase their own site.” He added: “This acquisition with their ad- jacent assets cements Criswell Acura as one of the area’s lead- ing luxury car dealers.” Over 26,000 autos drive daily by 1701 West St. Area retailers include Sam’s Club, Target, Whole Foods, The Home Depot, Fresh Market, Home Sense, and The Con- tainer Store. MAREJ
ANNAPOLIS, MD — Neu- man Commercial Group, LLC has arranged the first
ALISBURY, MD — Wesley Cox, CCIM, senior advisor at SVN | Miller Commercial Real Estate announced that the Hanna Team associate Trent Spicer-Davis has completed the lease-up of the Northwood Business Center bringing the property to 100% occupancy. The property consists of three buildings totaling 32 flex- space units and 54,000 s/f. The property has a diverse mix of tenants and serves many roles for the business community, including start-up incubator spaces to national companies. Since joining The Hanna Team, Spicer-Davis has made an immediate and measur- able impact on the Salisbury commercial real estate mar- ket. Under the mentorship of Cox, Spicer-Davis has helped secure four new leases since August, demonstrating both his strong work ethic and deepening expertise in the region’s flex-space sector. “This milestone highlights not only the strength of Salis- bury’s flex-space market, but also Trent’s drive and ability to execute deals,” said Cox. “His enthusiasm, profession- alism, and follow-through are already making a difference for our clients.” Flex spaces continue to be one of the most sought-af- ter property types in today’s commercial market, offering businesses the versatility to combine customer-facing operations with warehouse functionality. This unique blend continues to attract a wide variety of tenants and sustain strong absorption across the region. As Northwood Business Center celebrates full occu- pancy, SVN | Miller Commer- cial Real Estate will continue to maintain the management of the complex while keeping it a professional atmosphere for its tenants. Spicer-Davis remains focused on connect- ing local businesses with ideal spaces and helping property owners capitalize on the sus- tained demand for flexible commercial space. In a second transaction, SVN | Miller Commercial Real Estate announced that advisor, Drew Robertson , represented Synergy In- vestments in leasing 1503 S Salisbury Blvd. to 7 Brew Drive-Thru Coffee. The new location, situated at the corner
sale in forty- four years of landmark auto dealer- ship Criswell Acura in Annapolis, Maryland’s state capital. The 1.2-acre
corner site fronting a pri- mary commercial corridor at 1701 West St. was leased for forty years to Criswell Acura. Neuman Commercial Group, led by principal Gil Neu- man , represented the seller, Fanaroff & Steppa LLC, and Gil Neuman
Wesley Cox
Trent Spicer-Davis
Drew Robertson
Greenberg Gibbons & MCB redefine luxury living in Southern Maryland
Northwood Business Center
WALDORF, MD — Green- berg Gibbons and MCB Real Estate announced that The Ironwood at Waldorf Station, a class A apartment community, is now leasing. The community, based in ris- ing hub Waldorf, welcomed its first residents this August, marking an exciting milestone for Southern Maryland’s new- est mixed-use destination. Located within the 150- acre Waldorf Station master- planned community, The Iron- wood introduces 302 luxury residences thoughtfully de- signed for renters seeking a home at the intersection of comfort and community. Refined amenities include a resort-style pool and sundeck, a modern clubhouse with co- working and entertainment spaces, a state-of-the-art fit - ness center, pet spa and dog park, EV charging stations, and beautifully landscaped courtyards. Each apartment home is equipped with pre- mium finishes and integrated smart-home technology, offer- ing a seamless blend of sophis- tication and convenience. “Waldorf Station is designed The Ironwood at Waldorf Station - credit MCB Real Estate to be a vibrant, first-class destination that combines resi- dential, retail, and commercial offerings in one walkable com- munity,” said Eric Walter , president at Greenberg Gib- bons. “The Ironwood sets the tone for what’s to come, intro- ducing a level of quality and lifestyle that reflects the vision for the entire development.” “The Ironwood is more than an apartment building. It is a place where residents can truly live, work, and thrive,” said P. David Bramble , co-founder and managing partner at MCB Real Estate. “Every detail, from the architecture to the amenities, was developed with the unique lifestyle needs of today’s renters in mind. We’re proud to welcome our first residents and see this vision come to life.” Waldorf Station is set to be- come a dynamic hub in Charles County, blending residential living with future retail, din- ing, hospitality, and office space. The Ironwood repre- sents the first residential com - ponent of the project, setting a new standard for luxury living in Southern Maryland. MAREJ
7 Brew Drive-Thru Coffee
of Rte. 13 and Milford St., will mark 7 Brew’s first location in Salisbury. Positioned across from Salisbury University, the highly anticipated addi- tion brings one of the fastest- growing drive-thru concepts in the nation to the Eastern Shore of Maryland. Synergy Investments found- er & executive managing di- rector, Brent Miller, CCIM, CPM , said, “We couldn’t be happier to be involved with bringing another great, grow- ing national business to the Salisbury, Maryland com- munity. We look forward to 7 Brew serving and growing in the region for many years.” The McClellan Team and Brent Miller, CCIM, CPM , with SVN | Miller Commer- cial Real Estate, closed an off-
market deal that included 26 commercially-zoned acres on E Naylor Mill Rd. in Salisbury, a prime north-side location directly behind the Centre at Salisbury Mall. The land was sold to St. John Properties , a Baltimore based developer. The McClellan Team repre- sented St. John Properties and Brent Miller represented the seller. With the McClellan Team’s guidance, St. John Properties quickly recognized the poten- tial of this unlisted site and the growth along the Rte. 13 north corridor. Following ex- tensive due diligence, the firm acquired the land and plans to deliver a Class A flex project that will bring much-needed modern space to the Eastern Shore. MAREJ
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