SALISBURY, MARYLAND – March 3, 2021 – NAI Coastal Principal Bradley Gillis recently participated in the lease of 219 Marlboro Avenue, a +/- 9,460 square foot freestanding commercial building located in Easton, Maryland. The building sits at the center of Easton Marketplace and is commonly recognized as the former home of Pier 1 Imports, a national home goods retailer.
In early 2020, Pier 1 announced the closing of nearly 450 brick and mortar locations across the United States; their Easton storefront was one of the many Delmarva-locations vacated later in the year.
Gillis collaborated with self-represented Landlord, Rise Partners, to secure a five-year lease of the full building for Galen Gardner (Trident Furnishings, Inc.), owner of several Delmarva-based interior and exterior home furnishing stores, including Bethany Resort Furnishings and Donaway Furniture. In the coming months, Gardner plans to open his first mid-shore retail location within Easton Marketplace.
“With the help of Brad Gillis, we were able to capitalize on the opportunity presented by Pier 1’s closing in Easton,” said Gardner. “Given the building’s original intent and use, it was the natural choice of location for our next storefront on the Delmarva Peninsula. As we move towards our grand opening, we look forward to establishing ourselves as a prominent destination for high-end home furnishings throughout the mid-shore region and beyond.”
Easton Marketplace is an established hub for retailers in Talbot County and houses several national tenants including Lowe’s, Kohl’s, Weis Market, Marshall’s, Five Below and Ulta. Conveniently located just off of Route 50, the shopping center is less than 90 minutes from Baltimore, Annapolis and Washington, D.C.
“Talbot County is poised for substantial, sustainable business growth,” said Gillis. “Based on its growing popularity and potential for strong tourism, Easton is a great town for locally-owned businesses to plant roots and immerse themselves in.”
For more information on this transaction or other available properties throughout the Delmarva region, contact Brad Gillis at Brad@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 nine 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.
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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.
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