Naicoastal.com

Merritt Brokers the Sale of Multi-Property Investment

“Sussex County is in the midst of widespread growth and development, making it the perfect place for commercial real estate investors to direct their attention,” said Merritt. “It was my pleasure to work with the seller to secure quick contracts followed by prompt settlements.

Actived: 6 days ago

URL: https://www.naicoastal.com/merritt-sells-multi-property-portfolio/

Johnson and Phillips Broker the Sale of Medical Investment

(2 days ago) Johnson collaborated with Rosa Tyre of Kelark and Company to represent the purchaser, a first-time commercial real estate investor looking to capitalize on the Eastern Shore’s current post-COVID market. After analyzing his clients’ portfolio goals, Johnson presented a number of sound, income producing investment options.

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Mears Co-Brokers Public Sector Sale Bringing Jobs to

(5 days ago) In the real estate industry, Mears has proven to be a resource for government agencies, repeatedly helping them to navigate forward-thinking transactions that boost local economies and align with the strategic growth and development of communities in the region. Advisor Meredith Mears offers real estate consulting services in addition to brokerage.

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Meredith Mears Co-Brokers Sale of Virginia Square

(4 days ago) Mears collaborated with Michael Weisner of Weisner Real Estate who represented the seller. For more information on the space currently available within Virginia Square, please contact Meredith Mears at 410-543-5115 or [email protected]naicoastal.com.

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Davis and Mears Broker the Sale of Cambridge Income

(Just Now) The entire group is well-versed in real estate investment strategy and know exactly what they want out of a transaction making for a streamlined, sophisticated process,” said Davis, repeat real estate advisor for Burbage and Blue Water Development Company (BWDC).

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Christian Phillips

(5 days ago) Christian Phillips is a Licensed Commercial Real Estate Advisor with NAI Coastal where he provides his clients with specialized industrial and medical office knowledge. Phillips focuses on tenant representation as well as the sale and leasing of commercial and investment properties.

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Put Me In, Coach!

(3 days ago) His primary focus is the representation of commercial real estate users, whether they be buyers or tenants. He is a true people person and is happy to work through the specific needs of his clients. Merritt brings over 24 years of sales experience to the table, including 19 years and over 5,000 units sold in the automotive industry.

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Do 'Virus-Proof' Investments Exist

(Just Now) To discuss the opportunities presented by today’s real estate market, contact Doug James or Bridgit Frost at [email protected]naicoastal.com / [email protected]naicoastal.com or by calling 410-202-2648. About the Author. Doug James. Doug James is a Senior Advisor with NAI Coastal. He has consistently been named as one of the Regional Top Commercial Advisors

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If You Build It, Will They Come

(8 days ago) In the world of commercial real estate, the logistics of buying vs. building have recently become increasingly complex. Many investors, buyers/users, landlords and tenants are now facing the question, is the “juice” of new construction “worth the squeeze”?

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Johnson & Mears Sell Windsor Drive Investment Property

(6 days ago) “The seamless way in which the property underwent due diligence and settled speaks volumes for the current commercial real estate market throughout Delmarva,” said Johnson. “It’s a great time to invest and quality properties are not staying available for long.

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NAI Coastal Welcomes Chelsye Phillips-Hutton to the Team

(2 days ago) Chelsye Phillips-Hutton is a Licensed Real Estate Advisor in the state of Maryland and will be operating out of NAI Coastal’s Salisbury office. She can be reached at [email protected]NAICoastal.com or by calling 410-543-5115.

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Davis & Phillips Sell Local Convenience Store and Gas

(5 days ago) The business and real estate were purchased by Mahesh Patel, a local investor with roots in the convenience store industry. Having worked with Davis to acquire a number of similar properties in the past, Patel secured the property with intent to continue and improve upon business operations.

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Mears Represents Investor in Purchase of Denton Industrial

(Just Now) SALISBURY, MARYLAND – March 30, 2021 – Principal Meredith Mears collaborated with Advisor Ned Foster of SVN Miller Commercial Real Estate to sell 45 Engerman Avenue, a +/- 30,000 square foot industrial building located in Denton, Maryland. The transaction was valued at $1.4 million. “Caroline County is home to a very stable and growing industrial base, yielding promising investment

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NAI Coastal Opens Easton, MD Office Led by Doug James Team

(Just Now) SALISBURY, MARYLAND – 5 NOVEMBER 2019 – The Principals of NAI Coastal are pleased to announce the company’s expansion and branch office opening in Easton, Maryland.Doug James and Bridgit Frost bring over three decades of combined commercial real estate experience to the team and will spearhead the company’s mid-shore growth.

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CRE Solutions in the Face of COVID-19

(5 days ago) Gillis is known for consistently adding value to commercial real estate and has an extensive history of closing sale and lease deals across the Delmarva region. He specializes in the sale and lease of medical and professional offices, industrial properties and income producing investments.

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Co-Brokered Sale Brings New Business to North Salisbury

(4 days ago) The +/-12,700 SF mixed-use building is situated on just under an acre and will be transitioned into a new laundromat business. Doug Williams of The Land Group co-listed the property with Davis and Senior Advisor Rick Tilghman of SVN Miller Commercial Real Estate represented the buyer.

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Chelsye Phillips-Hutton

(Just Now) Chelsye Phillips-Hutton is a Licensed Real Estate Advisor with NAI Coastal. Backed by more than 15-years of professional experience, Chelsye specializes in business and process development, strategic leadership, and project management in relation to the medical industry.

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Ryan Pappas Joins NAI Coastal as Associate Advisor

(7 days ago) Ryan Pappas is a Licensed Real Estate Advisor in the state of Delaware and can be reached at [email protected]NAICoastal.com or by calling 410-543-5115. About NAI Coastal NAI Coastal is a full-service commercial brokerage headquartered at Riverview Commons, 150 West Market Street, Suite 101 in Downtown Salisbury, Maryland.

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Davis Sells $7.6M Investment Portfolio

(9 days ago) Davis collaborated with Tom Knopp of SVN Miller Commercial Real Estate who also represented the purchaser. For more information on this transaction, contact Chris Davis or Tori Brown at 410-543-5115 or [email protected]naicoastal.com / [email protected]naicoastal.com.

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Merritt and Cox Secure Second Location for Simpson's

(5 days ago) SALISBURY, MARYLAND – MARCH 5, 2020 – Advisor George Merritt of NAI Coastal and Senior Advisor Wesley Cox, CCIM of SVN Miller Commercial Real Estate announce the sale of +/- 2.6 acres of industrial land fronting Windsor Drive and Shipley Drive in Salisbury’s Northwood Industrial Park.. The purchaser, Simpson’s Towing, is an established towing and roadside assistance business in

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Greg Johnson Joins NAI Coastal as Advisor

(8 days ago) Greg’s expertise extends into the real estate industry where his knowledge can be used to help guide investors in their search for profitable investment properties. “After 30 years of financing commercial real estate transactions across Delmarva, I am excited to …

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Chris Davis Brings National Tenant to Northwood Drive

(5 days ago) The completion of this deal marks the entrance of another national tenant into the Salisbury real estate market. Canada Dry Distribution Company of Wilmington is a beverage distributer based out of New Jersey and will occupy the space on Northwood Drive beginning in spring of 2020.

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NAI Coastal Welcomes Senior Advisor Antonis Alexandris

(9 days ago) Antonis Alexandris is a licensed real estate advisor in the state of Maryland and will be operating out of NAI Coastal’s Salisbury office. He can be reached at [email protected]NAICoastal.com or by calling 410-543-5115 / 240-997-6199 (mobile).

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Antonis Alexandris

(5 days ago) Antonis began his commercial real estate career in the DC Metropolitan area in 2015. For several years, he brokered deals on behalf of Scheer Partners Inc., a boutique brokerage firm headquartered in Washington D.C. During this time, Antonis managed sale and lease transactions in relation to 100,000+ square feet of commercial real estate.

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Gillis & Phillips Broker Sale of Albert Street Commercial

(2 days ago) Gillis and Phillips collaborated with Andy Ball and Rick Tilghman of SVN Miller Commercial Real Estate who represented the purchaser. For more information on this transaction, contact Christian Phillips at 410-543-5115 or [email protected]naicoastal.com.

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Regional Developer Purchases Seaford Industrial Building

(6 days ago) SALISBURY, MARYLAND – September 30, 2020 –NAI Coastal and Gillis Gilkerson Principal Brad Gillis recently collaborated with Senior Advisor Tom Knopp of SVN Miller Commercial Real Estate to sell 200 Allen Street, an +/- 83,000 square foot industrial building situated on +/- 13-acres in Seaford, Delaware.. Gillis Gilkerson’s development team purchased the property with intent to fill its

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Mears Secures Lease for Hardwire in Worcester County

(8 days ago) For more information on this transaction or other commercial real estate opportunities throughout Delmarva, contact Meredith Mears at 410-543-5115 or [email protected]naicoastal.com. About NAI Coastal NAI Coastal is a full-service commercial brokerage headquartered at 108 Pine Bluff Road in Salisbury, Maryland with a branch office in Easton, Maryland.

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NAI Coastal Welcomes Eric Cropper to the Team

(1 days ago) Cropper is a native to the Eastern Shore and is well versed in the local economy. His real estate knowledge is amplified by years of experience in financial and insurance advising. Outside of his career, Cropper remains extremely active in his community and was recently elected to serve as the President of Worcester County’s Board of Education.

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Local Investor Purchases Crown Sports Center

(6 days ago) SALISBURY, MARYLAND— April 20, 2021— NAI Coastal and Gillis Gilkerson Principal Brad Gillis is pleased to announce Gillis Gilkerson’s purchase of Crown Sports Center, an indoor athletic and entertainment facility located at 28410 Crown Road in Fruitland, Maryland.After sixteen years of ownership, Founder Bill Hearne sold the business and real estate to Gillis Gilkerson’s development

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Phillips Collaborates with Local Brokerages to Sell North

(2 days ago) Phillips collaborated with Chris Peek of SVN Miller Commercial Real Estate and Bret Davis of Davis Strategic Development and Keller Williams Realty, who represented himself as the buyer. For more information on this transaction, please email [email protected]naicoastal.com or call 410-543-5115.

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The City of Salisbury Purchases Truitt Street Community

(9 days ago) Prior to purchasing, the City leased the property beginning in 2017. NAI Coastal Advisor Christian Phillips and Tonney Insley of SVN Miller Commercial Real Estate collaborated to co-broker the lease. “When the City approached us with their plans, we knew that we had the tools in place to help bring their vision to life,” said Gilkerson.

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NAI Coastal Leverages Relationship with Local Developer to

(7 days ago) SALISBURY, MARYLAND – June 24, 2020 – The positive impact of NAI Coastal’s partnership with local developer Gillis Gilkerson (GGI) has undeniably been felt throughout the Delmarva Peninsula. As a result of the unique dynamic, NAI Coastal advisors are able to craft creative real estate solutions tailored to the community’s specific needs.

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New Clothing Boutique to Fill Highly Sought-After Location

(4 days ago) After nearly 100 years of family ownership, seller Susan Purnell, represented by Tonney Insley of SVN Miller Commercial Real Estate, sold the iconic building to local investor, Doug Church. Prior to settlement, Advisor George Merritt secured a lease with Lilac Clothing Company, a women’s fashion boutique owned by Jennifer and Jamie LeCates.

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Ocean City: A Changing Landscape

(7 days ago) The commercial real estate advisor in me has noticed the massive impacts of the virus on our tourism-based economy… more importantly, the community member and friend in me has watched my town band together to support each other and local commerce. The last few months may have been enough to strain the ties that bind us, but the strength of

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