Salisbury, MD – The McClellan Team and Chris Peek, Advisors with SVN | Miller Commercial Real Estate, recently collaborated on the acquisition of 2000-2002 N Salisbury Boulevard and 109 West Gordy Road, assemblage along the highly sought-after Route 13 corridor in Salisbury, Maryland.
The McClellan Team represented the buyer, Sandy Fitzgerald Angello and the Pohanka Automotive Group, and Chris Peek represented the seller, Harrison Rentals, LLC, in the transaction.
The acquisition consisted of nine parcels totaling approximately 6.5 acres, and three existing buildings. This strategic purchase substantially expands Pohanka’s footprint along the corridor and provides the flexibility necessary to support future operational growth and expanded services.
The property had been pursued for several years with limited interest from ownership in selling. Through thoughtful dialogue, persistence, and strategic negotiation, the advisory team successfully aligned the objectives of both buyer and seller, resulting in a transaction that created value for all parties involved.
While the sale price exceeded typical market metrics, the long-term value creation far outweighs the initial investment. The expanded frontage, additional acreage, and enhanced operational flexibility position Pohanka Automotive Group to broaden its services, elevate the customer experience, and generate substantial returns over time – further reinforcing its presence along one of the Eastern Shore’s most important commercial corridors.
Sandy Fitzgerald Angello, President of Pohanka Automotive Group, shared, “This purchase was crucial for our organization, and we are grateful for the guidance and persistence throughout the process. While the transaction did not come without its challenges, we are excited about our continued growth and the opportunities this expansion creates.”
Collaboration and cooperation among Advisors within SVN | Miller Commercial Real Estate were central to navigating the complexities of the deal and achieving a successful closing. This transaction exemplifies the SVN Difference – where collaboration, market insight, and client-focused advisory services come together to solve complex challenges and deliver long-term value.
If The McClellan Team or Chris Peek can assist you with your commercial real estate needs, call 410-543-2440 or email john.mcclellan@svn.com or chris.peek@svn.com.
