SALISBURY, MARYLAND – June 11, 2020 – Advisor Christian Phillips recently represented local non-profit Maryland Capital Enterprises (MCE) in their purchase of 314 Civic Avenue in Salisbury, Maryland. The +/- 2,800 square foot freestanding office building satisfies MCE’s need for additional space and enhanced visibility as they expand their footprint on the Eastern Shore.
In their new location, Maryland Capital Enterprises will continue operating as a non-profit organization developing business plans, providing business development training and issuing small business loans. In addition to these services, Civic Avenue will also house the Women’s Business Center, a branch of the organization designed to empower and support women in business throughout Maryland.
“Non-profit organizations tend to have very dynamic operations and needs,” said Phillips. “Having a firm grasp on the role that they play within the community or in this case, state, was crucial in matching them with a property that checked all of their boxes.”
Phillips worked closely with MCE to ensure their successful transition into the Civic Avenue property. The seller, Wraparound Maryland, was represented by Tonney Insley of SVN Miller Commercial Real Estate.
For more information on the transaction or other available properties throughout Delmarva, contact Christian Phillips at 410-543-5115 or christian@naicoastal.com.
About NAI Coastal
NAI Coastal is a full-service commercial brokerage headquartered at 108 Pine Bluff Road in Salisbury, Maryland with a branch office in Easton, Maryland. The team of twelve 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.
