SALISBURY, MARYLAND – October 20, 2020 – Advisor Meredith Mears recently participated in the sale of +/- 4.91 acres of commercial land in Federalsburg, Maryland. In collaboration with Senior Advisor Henry Hanna of SVN Miller Commercial Real Estate, Mears crafted a deal on behalf of the Town of Federalsburg that is set to bring jobs and revenue to the mid-shore region.
The purchaser, a nationally recognized manufacturer, acquired the land with intent to develop. The parcel is situated within Federalsburg’s industrial hub and offers convenient access to routes leading north into Delaware and Pennsylvania, and west towards Baltimore and Washington, D.C.
“Representing government owned properties and finding solutions that work for both public and private entities is incredibly gratifying work,” said Mears. “Once again, we stayed true to the vision the client had for the property and didn’t stray when offers came in that didn’t produce jobs for the area.”
As a result of her understanding of public sector’s fundamental goals, Mears is a sought-after real estate advisor and development consultant. 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. For more information contact Merry@NAICoastal.com or call 410-543-5115.
NAI Coastal is a full-service commercial brokerage headquartered at Riverview Commons, 150 West Market Street in Downtown Salisbury, Maryland. The team of ten advisors have comprehensive market knowledge and an unwavering commitment to the Delmarva region. In addition to brokerage and development, NAI Coastal rounds out their service offerings with consulting, which covers leasing, assemblage, acquisition and sale and investment advising. For more information please visit www.naicoastal.com or call 410-543-5115.
ABOUT NAI GLOBAL
NAI Global is a leading global commercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 375 offices strategically located throughout North America, Latin America and the Caribbean, Europe, Africa and Asia Pacific, with 6,000 local market professionals, managing in excess of $1.15 billion square feet of property and facilities. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions throughout the world.
NAI Global provides a complete range of corporate and institutional real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market
services, due diligence, global supply chain and logistics consulting and related advisory services. To learn more, visit www.naiglobal.com or www.naiglobalnewslink.com.
