Below is a link to the full article and video posted by Delmarvanow.com. Team Gillis completed the lease last year, and the past year of business has been a success! In a down economy, it is always nice to hear about those who have found their niche!

Quality Linens Video – DelmarvaNow.com

Salisbury, Md – Senior Advisor Bradley Gillis, CCIM, closed the sale of 951-A Mt Hermon Road this week. The property was formerly owned and occupied by Main Street Medical. It will remain as a medical office, as it was purchased by Dr. Vel Natesan. Dr. Natesan currently practices internal medicine on South Division Street in Salisbury.

Dr. Natesan has big plans for the building – he will be completely renovating the interior of the building to accommodate his specific use. The exterior of the building will remain very similar.

Bradley Gillis commented, “This is a much needed up-sizing for Dr. Natesan, both in increased square footage and parking.” This new facility is over 4,500 Square Feet and contains ample parking. “Another perk to this location is visibility. Dr. Natesan will have direct Rt 50 signage,” added Gillis.

The property sold for $72 Per Square Foot, but should be considered a shell price as he is completely re-working the interior.

From left: John McClellan, CCIM, Bradley Gillis, CCIM, Joey Gilkerson,
Henry Hanna, CCIM, SIOR, Wesley Cox, CCIM and Tom Knopp

SALISBURY, MD MARCH 20, 2012 – Brent Miller, CCIM, CPM, and Amy Miller, CPM, Managing Directors for Sperry Van Ness – Miller Commercial Real Estate in Salisbury, MD are pleased to announce that four SVN–Miller Advisors and their teams ranked in the top 100 for Sperry Van Ness Corporate out of more than 900 Advisors. John McClellan, CCIM ranked #20, Bradley Gillis, CCIM and Joey Gilkerson ranked #21, Henry Hanna, CCIM, SIOR, Wesley Cox, CCIM, and assistant Flo Adams ranked #22, and Tom Knopp ranked #97. Brent Miller, CCIM, CPM emphasizes that “the high work ethic of our advisors and the dedication they have to their clients enables them to be successful in the current market.”
Sperry Van Ness Miller Commercial Real Estate was also ranked as the #6 firm nationally with SVN corporate, outperforming agents and offices in many major metropolitan and regional areas throughout the country. “We are looking forward to an expanding economic climate in 2012 that will further allow our SVN-Miller advisors to meet our client’s needs” says Brent Miller, CCIM, CPM. Kevin Maggiacomo, President and CEO of Sperry Van Ness Corporate stated “During this period (2011), investment into segments of the market including commercial properties in secondary and tertiary markets and value-add opportunities showed signs of firming.”

“Our office in Salisbury, MD is less than 8 miles from the Delaware line. In order to properly serve my clients, I have to be able to show them their commercial real estate options in Delaware,” said Gilkerson. “Also, with our firm having a heavy Delaware presence, I will now be able to assist with the promotion and marketing of our current listings.”

The exam consists of 40 multiple-choice questions, containing all aspects of the real estate industry as it pertains to Delaware while focusing on Delaware law. The passing score for the exam is 80%.

The final step in obtaining the official Delaware Real Estate Salesperson license is an application process. The application will be submitted to the Delaware Real Estate Commission to be reviewed during their monthly meeting.

Sperry Van Ness is comprised of approximately 900 advisors and is in 150 markets. Sperry Van Ness – Miller Commercial finished the year strong, and is recognized as being the 6th highest producing firm in 2011.

Gillis finished the year very strong and ended up in the top 2%, ranking number 21 out of the 900 advisors. Gillis has been recognized for this accomplishment with the 2011 Achiever’s Award. Bradley Gillis commented, “ I had a great year and I am blessed with great clients. Joey Gilkerson has been very complimentary to the team as the results are showing. I’m very pleased with the movement in the [commercial real estate] market in 2011 and am hopeful that the trend will continue in to 2012. The deals are out there for both users and investors, and creative solutions for currently owner occupied properties.”

Gilkerson passed the class with a 96% on the final examination. He is required to complete 4 additional week-long classes to satisfy the education requirements for the CCIM designation. Other requirements include the approval of a candidate’s portfolio of qualifying experience and a comprehensive final examination. Gilkerson credits his success thus far to both the financial and investment knowledge gained at Salisbury University and the hands-on real estate experience gained in the past 3 years at Sperry Van Ness.

The class was hosted at the new LEED-Certified (Silver) National Association of Realtor Building downtown Washington, DC and contained a mixture of all professions related to the Commercial Real Estate industry, such as bankers, Realtors, appraisers, and developers. The class focused on basic principles of commercial investment real estate, such as calculating returns and valuating property based on those returns.

Salisbury Mayor Jim Ireton talks to Andrea Hamilton (AI&G), Rick Tilghman, CCIM (Sperry Van Ness), and Therese Hamilton (SWAC) about new life downtown, and what’s in store for this Third Friday!

We recently sold this property to a doctor who will be using 8,000 sq ft of the 10,000. We have 2,000 sq ft available for lease. the building sold for $62 PSF, when comparables are going for as much as $130 PSF. This was a great buy for the buyer and there are many other deals out there like this one. contact us for leasing or purchase information!