Davis & Gillis Sell $22M of Medical Office Space in 4Q 2015

Chris Davis and Bradley Gillis, CCIM, both Senior Advisors with SVN – Miller Commercial Real Estate in Salisbury, MD settled four medical office deals in the fourth quarter of 2015, totaling over $22 million in value. The medical spaces are located throughout Maryland and Delaware. In all four transactions, Gillis represented the seller and Davis represented the buyer.

The properties are as follows: 29,000 square feet located at the Delmarva Health Pavilion in Millsboro, DE, a 22,000 square foot medical building located within Woodbrooke Medical Park in Salisbury, MD, 9,900 square feet in the Bridgeville Medical Center in Bridgeville, DE, and 9,850 square feet of medical space within the Georgetown Medical Center in Georgetown, DE. Delmarva Health Pavilion, Georgetown Medical Center and Bridgeville Medical Center are income-producing properties, occupied by either Peninsula Regional Medical Center or Nanticoke Memorial Hospital.

For more information about these transactions or other available medical space on the Eastern Shore, contact Brad Gillis at Bradley.Gillis@svn.com, or Chris Davis at Chris.Davis@svn.com, or call 410-543-2440.

SVN – Miller Commercial Real Estate, with offices in Salisbury, MD, Annapolis, MD, Bethesda, MD, Seaford, DE, and Wilmington, DE and provides advisory, brokerage, consultation, and leasing services to clients in Maryland & Delaware, and asset and property management in Maryland, Delaware, and Virginia. Our day-to-day goals are to consistently provide spectacular customer service, to be on the cutting edge of technology and innovative marketing, and to provide the vision needed to achieve our clients’ real estate investment goals.

SVN-Miller is an Accredited Management Organization® (AMO). Our team includes a highly-trained staff of Certified Property Managers® (CPM®), Brokers who hold the prestigious Certified Commercial Investment Member (CCIM) designation, and members of the Society of Industrial and Office Realtors (SIOR).

For information on how to make SVN – Miller Commercial Real Estate the key to your success, contact 410-543-2440 or visit our website www.SVNMiller.com.

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