Davis & Gillis of SVN-Miller sell $22m of medical office space in 4Q 2015
SALISBURY, MD — 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 s/f located at the Delmarva Health Pavilion in Millsboro, DE, a 22,000 s/f medical building located within Woodbrooke Medical Park in Salisbury, MD, 9,900 s/f in the Bridgeville Medical Center in Bridgeville, DE, and 9,850 s/f 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.