SALISBURY, MD, JUNE 2024- Matthew Trader and Blair Rinnier of Rinnier Development Company recently brokered a deal to bring a revolutionary new restaurant concept, Smoking Monster, to the Clairmont Shopping Center in Salisbury, MD. Smoking Monster will be a Korean style barbecue, sushi restaurant and bar. The restaurant will feature a personalized hibachi experience and other state of the art concepts that are rarely seen in the restaurant industry. You can experience all of these concepts for yourself when The Smoking Monter opens at the Clairmont Shopping Center later this year.
Trader comments, "The inception of this deal began years ago. I am excited to see it finally come to fruition. All I will say is, this will be unlike anything you have ever seen in our area before. This is not just a restaurant folks. It's an experience and it's going to be epic!" Matthew Trader specializes in the sale and leasing of Commercial properties. To contact Matthew, please call 443-614-4297, or email mtrader@rinnier.com.
| Rinnier Development Company | 218 E Main Street, Salisbury, MD 21801 | 410.742.8151 www.rinnier.com |
SALISBURY, MD, AUGUST 2023- Matthew Trader of Rinnier Development Company sold the former Bayly's Garage Property in Delmar, DE. The 12-acre property was sold by Trader over a year ago for $1.19 M. Trader represented the seller and Beau Zebley of Century 21 represented the buyer. Bayly's Garage was a Landmark to many in the Delmar community. The family-owned Garage operated in Delmar for many decades. The Property now operates as Points Towing & Road Service.
Trader comments,"I love putting deals together and I was happy to get this one done for the Bayly's. I know it was tough for them to say goodbye to the property after so many years in business." Matthew Trader specializes in the sale and leasing of Commercial properties. To contact Matthew, please call 443-614-4297, or email mtrader@rinnier.com.
| SALISBURY, MD, AUGUST 2023- Matthew Trader of Rinnier Development Company recently closed a deal to bring national tenant, Jake's Wayback Burgers, to Delmar, DE. The popular burger restaurant will occupy the north endcap space of the Delmar Square Shopping Center. Jake's is set to open sometime in the next few months. This is one of many deals that Trader has been working to bring to his hometown of Delmar. Trader comments, "I always push hard to bring new businesses to my hometown (Delmar). I want to see the town flourish and grow the right way. I'll be blunt, Delmar's biggest issue is that they have focused too much on residential growth and not enough on bringing in new businesses. That has put way too much pressure on local infrastructure while simultaneously losing jobs and tax revenue to surrounding towns. You focus on creating jobs, then you build more homes. That's basic economics 101. Don't get me wrong, I recognize you have to build the population in order to attract new businesses, but you want to make sure you're creating the right demographics in the process. Especially when you are trying to maintain the fundamentals and history that Delmar was built on. Growth is important, but you have to find the right balance between local and national tenants. Bringing in a national tenant like Wayback Burgers is great for the town because it creates retail gravity. Major tenants begin to feel more comfortable about coming into an area when they see others there. In my opinion, Delmar is well positioned to attract new businesses, if they want them and are willing fight for them. There is no reason they should lose deals, and the jobs that come with them, to other towns like they have in the past". Matthew Trader specializes in the sale and leasing of Commercial properties. To contact Matthew, please call 443-614-4297, or email mtrader@rinnier.com. |
SALISBURY, MD, JULY 2023- Matthew Trader of Rinnier Development Company recently closed on the 2nd of two CVS Properties in the state of Kentucky. Together, both combined for a total deal value of $7.8M. These recent deals have become part of Trader's impressive deal catalog. His track record for closing lucrative, high-pressure and complex deals speaks for itself.
Trader comments, "Stabilized Net-Lease Assets are some of the safest places you can park your money right now. Even with the increase in rates, they have continued to show strength and have remained in constant demand. Investing in strong credit tenants like CVS is a great defense against uncertain times in the market." Matthew Trader specializes in the sale and leasing of Commercial properties. To contact Matthew, please call 443-614-4297, or email mtrader@rinnier.com.
Matthew Trader of Rinnier Development recently premiered Season 3 of his popular series, Whiskey Sessions, from the historic Mar-Va Theatre in Pocomoke, MD.
The message he delivered on stage was very powerful and something that everyone needs to hear.
Click HERE to see his performance and subscribe to Trader Entertainment on YouTube for more original Business & Entertainment content. Matthew Trader specializes in the sale and leasing of Commercial properties. To contact Matthew, please call 443-614-4297, or email mtrader@rinnier.com.
SALISBURY, MD, AUGUST 2022- Matthew Trader of Rinnier Development Company recently closed on the off-market sale of 101 Washington Street in Salisbury, MD. Trader was the only broker in the transaction of the 24,000 SF building located adjacent to Tidal Health and Core Life. The buyer is exploring major plans for the property, but all information is confidential; therefore, no further details are available currently.
Trader who has made a career of off-market dealmaking had this to say, “This deal is just the beginning of many great things to come. Trust me when I say, that over the next few years we are going to see this section of town transform into something special. I would recommend all investors start looking in this direction now. Between the growth of the hospital and the focus on downtown, there is so much upside to be realized here. I would love to say more, but I can’t right now. Just Stay Tuned!"
Matthew Trader specializes in the sale and leasing of Commercial properties. To contact Matthew, please call 443-614-4297, or email mtrader@rinnier.com.
May 2022: Blair Rinnier & Brandon Ziska of RDC co-broker a Long Term $3,000,000+ 14,000sf Lease deal between Maryland Square LLC and Robinsons Family of Business'.
Ziska represented the growing retail tenant, specializing in the sale of precious metals, clock & watch repair, screen printing & engraving (and much more) in relocating and acquiring a larger and more accessible retail location. Blair Rinnier, Broker of RDC, represented the Landlord in coordinating the transaction and adding substantial value to the previously vacant space.
The new Robinsons location will boast 10ksf of newly built retail space including cutting-edge technological upgrades and glass workstations which will allow clients to see the work being done during item repairs, printing, and watch maintenance. They will also increase their available merchandise with the newly added space offering more options to their clients.
"This will be our Forever Home" says owner, John Robinson; "We couldn't be happier with the opportunity and deal that Brandon and Blair worked out for us. We have been looking for a very long time and no other brokerage was able to get it done!" Additionally, the new location will host SBY coffee, a locally owned business operated by Jenna Robinson, which will allow customers to purchase coffee, food and beverages while browsing the new location!
The store opening is tentatively scheduled for August 2022- Don't miss your chance to check out this brand-new, local shopping experience!
For your new retail space, or other commercial purchase or lease opportunity, CALL RDC TODAY! 410-742-8151 www.Rinnier.com
GROUND LEASE OR BUILD TO SUIT - TRED AVON SQUARE - MARLBORO AVE. EASTON, MD
·Located at the corner of Easton Parkway and Marlboro Ave.
· Anchored by Acme, Flagship Cinemas and Big Lots
·Deal Options available
This Pad Site opportunity is located at the corner of the, heavily trafficked, Easton Parkway and Marlboro Avenue. This is one of the busiest intersections in the entire Easton marketplace. The site is located in the middle of Easton’s retail corridor and is part of Tred Avon Square.
Tred Avon Square is a true neighborhood center anchored by Acme, Flagship Cinemas and Big Lots. This pad is also surrounded by many of the markets most prominent shopping centers. Landlord is open to a variety of options, including ground lease and build to suit. Drive-thru capabilities are also possible.
For more information, contact Matthew Trader at 443-614-4297, or email mtrader@rinnier.com.
Ocean Pines, MD 2021 – Blair Rinnier, CCIM, CPM of Rinnier Development Company completed the lease of a retail suite at the Pennington Commons Shopping Center to Serpone’s Pizzeria.
Serpone’s Pizzeria offers fresh baked New York-style pizza, stuffed pizza, Calzones, and Stromboli’s. They also offer up to 14 different appetizers from a variety of fries, garlic bread or knots, to wings, meatballs, sausage and more.
To learn more about Rinnier Development Company Contact Blair Rinnier, CCIM, CPM (410)742-8151 brinnier@rinnier.com
SALISBURY, MD, AUGUST 2021- Rinnier Development Company recently closed on the sale of 5075 Nutters Cross Road, Salisbury, MD 21804.
Contact Brandon Ziska at bziska@rinnier.com or call (443) 880-1273
SALISBURY, MD, AUGUST 2021- Rinnier Development Company recently closed on the sale of 11460 Maid At Arms Lane, Berlin MD 21811.
SALISBURY, MD, AUGUST 2021- Rinnier Development Company recently closed on the sale of 146 Porter Parkway.
Hagerstown MD June 2021
Another ModWash site brokered by Brandon Ziska of Rinnier Development Co; Ziska locates and sells OFF MARKET 2AC+/- parcel to ModWash for $875,000.
Ziska was able to connect the Hagerstown-based developer with the owner of ModWash to agree on the sale of this busy Sheetz convenience store adjacent parcel on rt 65 and S Potomac.
The development will begin August 2021 and the new express car wash will be operational around November 2021. New technology, equipment, and cleaning products will make this wash a patron favorite in the Hagerstown area!!
Call Ziska today for your next site for development.
Brandon Ziska; Rinnier Development Company 443-880-1273 Bziska@rinnier.com
SALISBURY, MD, AUGUST 2021- Rinnier Development Company recently closed on the sale of 211 Wicomico Street Unit 401, Ocean City, MD 21842.
SALISBURY, MD, MAY 2021- The Covid-19 crisis has slowed down many things over the past year, but not Commercial Real Estate Broker, Matthew Trader of Rinnier Development Company. Over the past 12 months, Trader has brokered some of the area's biggest and most lucrative deals leading to approximately 46.3 million in volume during that span. Trader has been selling everything in his path, from off-market shopping center deals to multiple CVS stores, large multi-family properties, industrial and medical facilities. He has even done some enormous lease deals, including the 35,000 SF Big Lots deal in Easton, MD. Regardless of the deal type, Trader has been making things happen. One of the ways that Trader has been making things happen is through a unique marketing program that he developed, called Trader Real Estate Entertainment. It is entertainment-based programming that gives consumers insight into commercial real estate while also showcasing his client’s properties and skills as a broker. Trader rolled out the project almost 2 years ago and the results have been remarkable. Trader has generated a lot of activity on social media platforms like Facebook, Instagram and YouTube. Many of his shows and special features have garnered thousands of views. The TREE programming has become an enormous asset to Trader’s clients because it puts more eyes on their properties and leads to more deals in the process. It is also helping him grow his already extensive database. During his career, Trader has established long-term relationships with investors and brokers all over the country, but TREE has helped him expand his reach even more. Trader said, "When I first started TREE, I was scared of how the business community might perceive it because it is so unconventional. I worried most about how the older segment of our industry would react because it is such a change of pace from how their generation approached the game. Then I got a direct message on Instagram from an older, more lucrative investor telling me how much he enjoyed my content. That is when I realized that the people in our industry were thirsting for something different from the traditional marketing they have become accustomed to seeing. That message really created a monster because it made me feel more comfortable. Since then I have been relentlessly creating more content and doing more business." This unconventional marketing strategy has not only helped Trader grow his business, but it has exposed the world of Commercial Real Estate to a broader audience. His channel doesn't just serve as an entertainment outlet for business professionals, it offers something for everyone, in all walks of life. When you tune into TREE you never know what you're going to get or what to expect. Trader's content is a roller coaster of emotions. One minute you might see Trader offering comedic relief while showcasing properties on his show Cereal Deals. The next minute, you might see him offering profound advice and contemplating his own mortality on the show Whiskey Sessions. Then there is The Trade Show, where Trader interviews other professionals to help them showcase their businesses. Trader also has his own merch line (hats, shirts, koozies, etc.) and each article of merch has a story behind it. Trader tells those stories on his show Swag Tales. Oh and let's not forget the Trader Real Estate Entertainment Mascot, TREE. TREE is basically a cartoon version of Trader that looks like an actual Tree and shows up from time to time to antagonize him. These are just some of the many things that you will find when you follow Trader Real Estate Entertainment. In conclusion, TREE has proven to be so much more than just a marketing tool, episodic content, funny memes or insightful articles about Commercial Real Estate. TREE is a brand that is taking Commercial Real Estate to a place it's never been before. In short, Trader is revolutionizing the way the professional world approaches marketing. The authentic nature of his programming is also changing the way that the outside world perceives the business community, showing that suit coats are human too. We don't know what Trader has in store next, but one thing is for certain, he will continue to push the envelope while making deals and keeping us entertained in the process. Trader, a 14-year veteran of Commercial Real Estate and former student of film, mass media and communications( University Of North Carolina Wilmington) had this to say, "I understand that what I am doing is outside the box for our industry, but it is who I am. I love deal making and I love marketing, but the most valuable currency to me is making people smile. I have massive amounts of creative energy and TREE has served as an outlet for me to release it, while helping my clients in the process. I guess the best way to put it is, some people develop commercial real estate and I develop intellectual property that helps me sell Commercial Real Estate." With a whopping 46.3 million in volume in the past 12 months, around-the-clock work ethic and a his own Commercial Real Estate marketing channel, selling Commercial Real Estate is exactly what Trader is doing. Matthew Trader specializes in the sale, leasing and marketing of commercial properties. Call Trader today to learn how he can market your properties on Trader Real Estate Entertainment and how he can best serve your Commercial Real Estate goals. To contact Matthew, please call 443-614-4297, or email mtrader@rinnier.com. Click the icons below to follow Trader Real Estate Entertainment (TREE): |
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| Rinnier Development Company | 218 E Main Street, Salisbury, MD 21801 | 410.742.8151 | www.rinnier.com |
Milford DE April 2021
Brandon Ziska brokers the $450,000 OFF MARKET sale of 25 Milford Harrington Hwy Milford DE.
Ziska connected the investor who purchased the site with the seller directly. The entire process was completed with no on-market list time, and minimized fees and advertising costs for the seller.
"I was ecstatic when Brandon called me out of the blue and said he had an offer prepared for my property in Milford!" said Jim Hammond of Hammond properties. "He was the right agent for the job, I won't use anyone else!"; Ziska added- "We pride ourselves in focusing very often on off-market properties. This means in many cases we can find the buyer for your property without ever publicly marketing or listing it. Many of our clients prefer this over entertaining a series of calls and tours to eventually get the same result."
The new owners intend on developing this site for retail use in the future. Call RDC today to discuss your next OFF MARKET listing!
Brandon Ziska; Rinnier Development Company 443-880-1273 Bziska@rinnier.com
SALISBURY, MD, MARCH 2021- Matthew Trader of Rinnier Development Company and Debbie Lipscomb of Benson & Mangold recently closed on the sale of 719 Goldsborough St in Easton. The property traded at $284,300 and was purchased by a local investor who will be leasing the building to a vacation rental business. The building will be used for operations and reservations. Trader represented the seller in this transaction and Lipscomb represented the buyer.
Trader comments, "We have been working and closing a lot of deals, of all sizes, in Easton over the past few months. I am excited to get this one closed as well. I believe it’s a sign of how much growth that market is seeing right now. This particular deal represents great value on both sides. I know the sellers have been trying to move this property for a long time and I was happy to bring it to fruition for them. I can’t thank them enough for the opportunity to make it happen. Also, I want to thank Debbie for all of her hard work. She was exceptional to work with."
Matthew Trader specializes in the sale, leasing and marketing of commercial properties. To contact Matthew, please call 443-614-4297, or email mtrader@rinnier.com
| SALISBURY, MD, MARCH 2021- Matthew Trader Of Rinnier Development Company recently closed a deal to bring a new, locally owned pizza restaurant to Salisbury, MD. The new restaurant, aptly named, Salisbury Pizza, will backfill the former Wendy’s located on Route 50. Trader, who previously sold the Wendy’s property to an investment group, has been working diligently the past few months to lease the building. Trader’s mission is now complete as Salisbury Pizza looks to open sometime within the coming weeks. The new fast-casual restaurant will focus on pizza, but will also offer a variety of menu items for patrons to enjoy. Trader comments, "I am excited to be able to bring this deal together for the landlords. I sold them the property with the idea that we could find a great tenant and I believe this is what we have achieved. I feel Salisbury Pizza is going to do exceptionally well in this location. The owner is committed to providing a great product with a fast-casual atmosphere. I think it is worth noting that Salisbury Pizza specifically chose this location because of its position on Route 50. They feel the quick access to 50 will help them more efficiently serve the community. Personally, I think this section of town has major growth potential and it will be realized more over the coming years." Matthew Trader specializes in the sale, leasing and marketing of commercial properties. To contact Matthew, please call 443-614-4297, or email mtrader@rinnier.com. |
Salisbury MD February 2021
Brandon Ziska & Blair Rinnier team up to broker the lease of Playa Bowls at Clairmont Center in Salisbury MD!
This trendy, healthy, and delicious new addition to the busy shopping center offers acai, pitaya, coconut bowls, and smoothies with sustainability and community in mind! Playa bowls are located at 1012 South Salisbury Blvd, and will be open in March 2021!
Brandon Ziska; Rinnier Development Company 443-880-1273 Bziska@rinnier.com
WEST OCEAN CITY, MD, FEBRUARY 2021- Matthew Trader and Blair Rinnier of Rinnier Development Company previously closed a lease deal to bring organic grocery store, BulkMore, to Outlets Ocean City, in West Ocean City Maryland. The 3,500 square foot grocery store is the first of its kind on the Eastern Shore. BulkMore specializes in food, candy, pet treats, vitamins, gluten-free, health and wellness products. They are located next to the Sunglass Hut and are now open for business.
Trader comments, "This is a great addition to not only the Outlets, but the Eastern Shore as well. BulkMore’s unique concept coupled with its focus on health and wellness, is the perfect combination for today's society. This type of store and the products they offer have been needed in our market for a long time. The owners of BulkMore recognized this and spent months analyzing the market for the perfect location. I think it speaks volumes that they ultimately chose Outlets Ocean City as their home. The location offers them a lot of synergy and an extraordinary amount of foot traffic. I think consumers are going to love this place. There is nothing else like it around.
Matthew Trader specializes in the sale, leasing and marketing of commercial properties. To contact Matthew, please call 443-614-4297, or email mtrader@rinnier.com.
Laurel DE January 2021
Brandon Ziska brings Black Flame Tattoo to Stone Creek Shopping center in Laurel DE!! Ray Hitchens, owner of Black Flame Tattoo is proud to announce his new 2400sf location in Laurel DE.
"I came to Brandon when I was ready to branch out and grow my business in DE, and in no time at all, he found me our awesome new (business) Home in Laurel!" said Hitchens- a 15-year experienced tattoo artist, previously located in Delmar DE.
"I'm always excited to find start-up business locations! It's so rewarding to see a new business begin- the creativity and thought process, the excitement, the energy. It's probably the best part of my business- seeing new and old friends and family succeed!" said Ziska. The new location will offer all types and styles of tattooing as well as apparel and jewelry options available for patrons.
Brandon Ziska; Rinnier Development Company 443-880-1273 Bziska@rinnier.com
| SALISBURY, MD, JANUARY 2021- Matthew Trader of Rinnier Development Company recently closed on a lease deal to bring the toy store, They’re Action Figures, to the Twilley Centre in Salisbury, MD. For many in the Salisbury community, this deal is sure to bring back memories. Many of the city’s longtime, residents still associate the Twilley Centre with Toys R Us; which occupied the center for nearly 20 years, dating back to the early 1980s. They’re Action Figures will become the first toy store to occupy the center since that time frame, but the nostalgia doesn’t stop there. Not only will They’re Action Figures be leasing at the same center, but they will also be selling some of the same merchandise, as they specialize in the sale of vintage toys and comics. Collectors will have the opportunity to purchase those items when their doors open in February. An excited Matt Trader had this to say on the deal...“I have done a lot of deals, but this one holds a special place in my heart. I mean, to bring a toy store back to the Twilley Centre after all these years…man, that’s just cool. Like most people my age, I can still remember going to the old Toys R Us. For us 80’s babies who grew up in Salisbury, that was like the epicenter of our childhood. The real twist to this story though is that They’re Action Figures specializes in the sale of vintage toys. That means consumers will be able to purchase a lot of the same toys, at the same center they originally bought them at as a kid. When it comes to nostalgia, it doesn’t get any better than that. I think it’s going to bring back a lot of great memories for those of my generation. Personally, I can still see myself as a young kid, walking out of Lombardi’s or Imperial Gallery (now Ginger House), to go buy GI Joe’s and Transformers. To know that the same scenario is possible again is a great feeling. I don’t know what time travel is like, but this is pretty close to owning a Delorean. Some things are just a natural fit and a toy store at the Twilley Centre is one of those things. I guess you could say…It’s More than Meets The Eye!!!”. Matthew Trader specializes in the sale, leasing and marketing of commercial properties. To contact Matthew, please call 443-614-4297, or email mtrader@rinnier.com. |
Seaford DE December 2020
Brandon Ziska brokers $1M+ lease deal for Landlord & Tenant 'Shore Tint & More' on rt. 13 in Seaford DE!
A roughly $50,000 improvement investment and beautification process will soon begin on the corner of Middleford road and rt 13 in Seaford DE. Even the LL agrees it is long past due. Brandon Ziska with Rinnier Development Co. leads the way in pairing up the LL and new long-term tenant Shore Tint & More, to take on this project while improving their location and customer accessibility.
Shore Tint offers automobile, residential and commercial tint services, along with vehicle customization for individuals as well as business fleets. The shop will be open for business in late 2020.
Call Brandon Ziska today to find your business' new location- he specializes in retail, shopping centers and stand-alone commercial locations for all types of business.
Brandon Ziska; Rinnier Development Company 443-880-1273 Bziska@rinnier.com
| EASTON, MD, DECEMBER 2020- Matthew Trader of Rinnier Development Company recently closed on a massive, 35,000 sqaure feet lease deal to bring Big Lots to the Tred Avon Square shopping center located on Marlboro Road in Easton, MD. Big Lots, who was represented by Shary Thur of Thur & Associates, will be backfilling the unit historically occupied by Peebles and more recently Gordmans. Gordmans had just filled the vacancy left behind by Peebles when the Pandemic hit and caused them to close. The owners of Tred Avon Square, like many landlords around the country, were about to be left with a huge void. Then Trader made a phone call to Big Lots' Broker, Shary Thur and together, they were able to negotiate a deal to quickly fill the space with Big Lots before a 25% vacancy was left at the center. The deal not only helped ownership fill a major void, but it also landed them one of the strongest retail tenants in the Commercial Real Estate industry. Big Lots is a national credit tenant with over 1,400 locations in 47 states. They are also publicly traded on the New York Stock exchange and employ over 40,000 people. Their sales have surged during the Covid Crisis. In fact, according to Bizjournals.com, Big Lots net sales for the third quarter were up a record 18% to 1.378 billion from 1.168 billion last year. This can be attributed to their stay-at-home products, like furniture and furnishings. All of which you can find at their new location in Easton, MD, when they open at the Tred Avon Square in 2021. Trader comments, “This deal was very rewarding for me because I recognize how important it is, not just for Tred Avon Square, but also the town of Easton. Landing a tenant of Big Lots caliber, not only adds a lot of value to the center but more importantly, creates a lot of new jobs for the community. I believe they are going to do exceptionally well in the Easton Market and they could not have selected a better location. Tred Avon Square is a true neighborhood shopping center with a dynamic tenant mix that I believe will complement Big Lots well. With that said, I want to give a special thanks to Big Lots' Broker, Shary Thur. This deal would not be possible without her persistence! Also, I can't say enough good things about everyone on the landlord's team. They are incredible to work with and I'm grateful for the opportunity they have given me to handle the leasing at Tred Avon Square." Matthew Trader specializes in the sale, leasing, and marketing of commercial properties. To contact Matthew, please call 443-614-4297, or email mtrader@rinnier.com. |
SALISBURY, MD, DECEMBER 2020- Matthew Trader of Rinnier Development Company recently closed on the sale of the North Bay Shopping Center located on 127th street in Ocean City, MD for $3.825 million. This was an off-market deal that Trader negotiated and closed from start to finish in approximately three (3) weeks. The center was purchased by a local investor. The North Bay Shopping Center was built in 1985 and is home to local and national tenants that have helped make it a staple of North Ocean City for nearly 3 decades. Out of respect to the buyer and seller, that is all of the details that can be provided at this time. The rest shall remain confidential. For Trader, this transaction becomes part of an impressive resume of Shopping Centers and Net Lease deals that he has closed both recently and during his career. Trader comments, “At Rinnier Development Company, we don’t just focus on what’s on the market. We are constantly looking at everything and talking to everybody. If our clients can’t find what they are looking for, we will use all of our energy and resources to find them an asset that fits their needs. We have a 24/7/365 mindset when it comes to Commercial Real Estate Brokerage. It’s at the core of everything we do. I believe that is what leads us to deals like this. Speaking of which, I appreciate the opportunity I was given to bring this deal to fruition. I believe both parties accomplished their goals and more importantly achieved great value. I believe the asset traded in this deal is an exceptional product that will provide great dividends for years to come”. Matthew Trader specializes in the sale, leasing and marketing of commercial properties. To contact Matthew, please call 443-614-4297, or email mtrader@rinnier.com. |
SALISBURY, MD, NOVEMBER 2020- Matthew Trader of Rinnier Development Company recently brokered the sale of an off-market CVS property located in Martinsville, Virginia for $3.55 million. The property was purchased by a local investor; who Trader represented. This was a very attractive asset for Trader’s client, as it is an absolute net lease deal with zero landlord responsibility, stabilized by fresh new twenty year CVS lease. This marks the second CVS Store that Trader has sold in the past few months.
These are the types of deals that I love working on. Net Lease acquisitions are one of the things that our firm specializes in. Often our clients are looking for very specific deal types and what they are looking for is not always on the market, so we hunt for it. It helps to have strong relationships with brokers, developers, and investors on the local and national level. It gives our clients access to deals that not everyone is aware of. This deal, in particular, was an off-market, private sale, that matched my client’s criteria. When it comes to income producing real estate, an Absolute Net CVS property with a fresh twenty-year term, is one of the most stabilized assets you can own right now. It’s a great a product.
Matthew Trader specializes in the sale, leasing and marketing of commercial properties. To contact Matthew, please call 443-614-4297, or email mtrader@rinnier.com.
SALISBURY, MD, OCTOBER 2020- Matthew Trader of Rinnier Development Company recently brokered the sale of the Atlantic Coastal Well Drilling property located at 107 Lincoln, Avenue in Delmar, DE. The property traded for $315,789 by an out of town purchaser.
The buyer was represented by Melissa Strawbridge of Berkshire Hathaway. Plans for the property are still unknown currently. Atlantic Coastal Well Drilling, who have been in business for nearly 40 years, will be moving to their new location off of Route 20, in Seaford, DE.
Trader Comments: "This deal posed many challenges, but I was happy to be able to get it done for the sellers. I enjoyed working with the whole team at Atlantic Well Drilling and I appreciate the opportunity they gave me. I must also send a special thank you to Stacey Adkins and the whole team over at Hebron Savings Bank for all their efforts to help bring this to fruition. The buyer’s broker, Melissa Strawbridge, did a great job as well. This was no easy task!"
SALISBURY, MD, OCTOBER 2020- Matthew Trader of Rinnier Development Company recently closed on the sale of the Route 13 apartments located at 9091 Ocean Highway in Delmar, MD. The buyers are local investors who will continue to operate and manage the property as an apartment complex for now. Trader not only represented the seller in this transaction, but he also brought the buyer as well.
Trader comments, "I really enjoyed working with the both the buyer and seller in this transaction and helping them both get great value. I believe this property is positioned well for future development. I always love doing deals in my hometown of Delmar. I truly believe the town has enormous upside potential and I will continue to do all I can to see that it is realized. Exciting Things are in store."
Matthew Trader specializes in the sale and leasing of commercial properties. To contact Matthew, please call 443-614-4297, or email mtrader@rinnier.com.
SALISBURY, MD, SEPTEMBER 2020- Blair Rinnier and Matthew Trader of Rinnier Development Company recently brokered the sale of a medical office building located at 1346 Division Street in Salisbury, MD. Rinnier represented the seller in the transaction and Trader represented the buyer. The new buyer is an investor, who would ultimately like to lease it to a medical tenant looking for Turn Key Ready medical space.
Trader comments, "Blair and I are excited to get this one done for our clients. We were able to move the property very quickly for the seller and help both sides get good value. I know the new owners are excited about their investment and in my opinion, it should lease soon, as the space is in immaculate condition."
Mattew Trader specializes in the sale and leasing of Commercial properties. To contact Matthew, please call 443-614-4297 or email mtrader@rinnier.com.
SALISBURY, MD, SEPTEMBER 2020- Matthew Trader of Rinnier Development Company recently closed on the sale of the Pure Gas Station located at 3865 Ocean Gateway in Linkwood, MD. The buyer was represented by Tamrat Medhin of Samson Properties, who was referred to Trader by Brandon Ziska, also of Rinnier Development Company. Trader represented the Seller who was referred to Trader by Bob Sinagra, a residential agent with the Maryland and Delaware Group of Long and Foster. The Pure Gas Station; which is positioned off of heavily trafficked Route 50 is set to reopen sometime within the coming months.
Trader comments, "This was one of the most arduous deals I have experienced in my career, but it just makes it that much more rewarding. I appreciated the trust that the sellers gave me to bring this deal to a close. It was not easy, and it required a lot of trust in me on their part, but in the end we were able to bring it home. I say we because it was a total team effort. Brandon Ziska provided me with a great lead on the buyer side, that ultimately lead to the sale. I also want to say thanks to Bob Sinagra for the listing referral. Also, Garret Fitzgerald of Fitzgerald Law, who I must have talked to a hundred times during this transaction, did an amazing job on the legal side. Finally, is Tamrat Medhin. He did an excellent job on the buyer’s side, helping to bring this one to the finish line. Him and I talked extensively over the past few months and crossed many obstacles together, but we got it done."
This property was showcased and marketed on Trader’s Commercial Real Estate show, Cereal Deals; which is one of many programs on Trader Real Estate Entertainment. Contact Trader today if you would like your property to be shown and marketed on Trader Real Estate Entertainment programming!
Follow Trader Real Estate Entertainment on Facebook, on Instagram @TraderEntertainment and subscribe on Youtube. Mattew Trader specializes in the sale and leasing of Commercial properties. To contact Matthew, please call 443-614-4297 or email mtrader@rinnier.com.
719 Goldsborough Street, Easton, MD
· 1,800 ± SF Commercial Building
· Located just off US Route 50 in Easton
· High Traffic Volume
· Great Location
· Available for Sale $339,000
Amazing Commercial Opportunity located just off of Route 50, on heavily trafficked Goldsborough Street. This opportunity is perfect for retail or commercial office space. Being positioned across the street from the Country School makes this the perfect location for a boutique, jewelry store, bakery or any number of uses. Take advantage of heavy traffic patterns and gravity from the Country School and nearby retailers.
For more information, contact Matthew Trader at 443-614-4297, or email mtrader@rinnier.com.
SALISBURY, MD, SEPTEMBER 2020- Matthew Trader of Rinnier Development Company recently brokered the sale of 2330 Scenic Dr. in Salisbury, Maryland in cooperation with Chris Peek, CCIM of SVN Miller. Trader represented the seller and Peek represented the buyer, Gillis Gilkerson.
The attractive, high ceiling 12,216 sq ft office-warehouse building was previously occupied by RDI Wire and Cable Solutions. The building is conveniently located in the Northwood Industrial area and is a clean, turnkey solution with both drive-in and dock-high access for users looking for prime office-warehouse space at a reasonable price. Leasing going forward will be handled by NAI Coastal.
Trader comments, "This was a fun deal to be a part of. I always enjoy working with local brokers and we had almost every Commercial brokerage firm in town working on this deal. There are a lot of great brokers in our industry, but I feel we have some of the very best right here on the Eastern Shore. Brokerage territories are kind of like conferences in college sports and I will put our conference up against anybody! With that being said I just want to give a big thanks to Chris Peek. Chris deserves a lot of credit for the idea that helped spark this deal and ultimately bring it to fruition. Joey Gilkerson and the Gillis Gilkerson team were also a pleasure to work with and helped make this transaction run smoothly from start to finish. All in All a Great Deal!"
Matthew Trader specializes in the sale and leasing of Commercial properties. To contact Matthew, please call 443-614-4297, or email mtrader@rinnier.com.
| Rinnier Development Company | 218 E Main Street, Salisbury, MD 21801 | 410.742.8151 | www.rinnier.com |
Salisbury MD August 2020
Brandon Ziska brokers $1.5M sale of the 'Soft Touch Car Wash' on rt. 13 in north Salisbury MD to new owner- 'Modwash'. This cutting-edge car wash renovation will repurpose the previous full-service wash structure, creating a new state-of-the-art express wash in its place.
The new wash will offer several levels of wash options, including new aged features such as "ceramic coating", and free to use high power vacuum systems included at all price points. ModWash also offers cleaning/drying sham towels, and complimentary air fresheners to customers.
"The new wash will be great for our area, will provide new jobs and a much needed "facelift" to the existing building, while offering the newest car wash technology for patrons," says Ziska.
The new wash will be operational in late 2020, and Ziska is involved in several other Modwash deals scheduled to open in the eastern shore market throughout 2021-2022.
Brandon Ziska; Rinnier Development Company 443-880-1273 Bziska@rinnier.com
Salisbury, MD JULY 2020 – Blair Rinnier, CCIM, CPM of Rinnier Development Company and Rick Tilghman, CCIM, CPM of Sperry Van Ness Miller Commercial complete the lease at 2410 North Salisbury Boulevard to Spirit Halloween.
Spirit Halloween specializes in providing Halloween themed costumes and accessories.
To learn more about Rinnier Development Company Contact Blair Rinnier, CCIM, CPM (410)603-2826 brinnier@rinnier.com
Ocean Pines, MD JULY 2020 – Blair Rinnier, CCIM, CPM of Rinnier Development Company and Andrew Ball of Sperry Van Ness Miller Commercial complete the lease to One Digital in Ocean Pines, MD.
OneDigital is the nation’s leading strategic advisory firm focused on driving business growth for employers of all sizes. Combining people and technology, OneDigital offers employers a sophisticated combination of strategic benefit advisory services, analytics, compliance support, human resources management tools and comprehensive insurance offerings.
To learn more about Rinnier Development Company Contact Blair Rinnier, CCIM, CPM (410)603-2826 brinnier@rinnier.com
SALISBURY, MD, JULY 2020- Brandon Ziska of Rinnier Development Company brokers the “off market” sale of 2755 N Salisbury Blvd Salisbury MD; the Rt. 13, iconic Soft Touch Car wash! Ziska connected both buyer and seller and facilitated the $1,425,000 transaction in record time, bringing a fresh new modern express car wash concept to Delmarva. The new car wash will offer a brand new exterior look with structural renovations and parking lot upgrades, cutting edge, brand new car wash equipment, and self-clean vacuum and accessories available to ensure the most thorough car wash experience!
Ziska says, “There is no better feeling then putting a deal together behind the scenes, that not only creates a seamless exit strategy for a friend and seller, but also brings an experienced operator and timely beautification to a highly visible location like Soft Touch Car Wash!”. Ziska adds, “The new operators have a national presence and offer a top of the line experience that will shorten wait times and make sure your vehicle leaves looking like new every time!”.
Soft Touch will be closed for roughly 3 months for renovations, and will likely be open for renewed business early November of 2020. Lew Marshall, Soft Touch Car Wash owner for nearly 20 years added, “When the time came to sell my business, Soft Touch Car Wash, Brandon who was a valued customer was the logical choice. He really came through like the professional that he is, securing multiple offers without formally listing. Thank you for getting it done!”
To learn more about Rinnier Development Company’s “Off Market Sale Program”, that discretely offers the ability for sellers to be matched with potential buyers using only their preference of marketing tools and advertising media.
Call Brandon Ziska today! 443-880-1273 or bziska@rinnier.com.
DELMAR, DE, JULY 2020- Matthew Trader of Rinnier Development Company recently helped Tommy Burdett of Keller Williams find a new home for his new Real Estate firm, The Delmarva Home Team. Tommy, AKA the Racing Realtor, and partner Stephen Brown will be opening their new branch at the Delmar Square Shopping Center in Delmar, DE.
Trader represented the landlord in this transaction and Burdett represented himself (the tenant). Burdett and Brown have some unique plans for their office. The Delmarva Home Team is a branch of Keller Williams that specializes in residential real estate brokerage. Their new office is slated to open sometime this summer.
Trader comments, "I have been friends with Tommy for over 25 years and I was honored that he asked me to help him find a space for his new office. It’s pretty cool when you get to do a deal with a guy you grew up with and in the town you grew up in, at that. Personally, I don’t think either one of us expected that we would be doing these things when we were kids and I don’t think anybody else thought we would either, but people grow. Speaking of growth, I’ve watch Tommy grow as a realtor these past few years and what he has been able to accomplish in such a short period of time, has been incredible. I think this new location is going to be exceptional for him and his team. They will be a great addition to the tenant lineup at Delmar Square. I wish them the all the luck in the world," says Trader.
Matthew Trader specializes in the sale and leasing of Commercial properties. To contact Matthew, please call 443-614-4297, or email mtrader@rinnier.com.
SALISBURY, MD, JUNE 2020- Matthew Trader of Rinnier Development Company and Doug James of NAI Coastal recently negotiated a deal to bring Rusty Hook Bait & Tackle to the Tred Avon Square Shopping Center in Easton, MD. Trader represented the Landlord and James represented the Tenant. Rusty Hook, who specializes in bait, tackle and fishing supplies will take over the 2700 square feet space formerly occupied by Radio Shack.
Trader comments, "I think this is great catch for Tred Avon and the Easton Market. Rusty Hook is providing a much needed service to the local fishing industry. This was my first time doing a deal with Doug and I really enjoyed it. He and I worked well together and I was happy we were able to reel this one in. I think Rusty Hook is going to be a great addition to Tred Avon.
Matthew Trader specializes in the sale and leasing of Commercial properties. To contact Matthew, please call 443-614-4297, or email mtrader@rinnier.com.
Rinnier Development Company | 218 E Main Street, Salisbury, MD 21801 | 410.742.8151 | www.rinnier.com
SALISBURY, MD, May 2020- Matthew Trader and Blair Rinnier of Rinnier Development Company just closed on the sale of a CVS store located at 1910 Crain Highway in Bowie, MD. The property traded for $9,550,000 with Rinnier representing the buyer and Trader representing the seller.
This deal marks the second time that Trader has sold this CVS property. The first time was to a Salisbury Investor for $9M. Trader then found an opportunity through Rinnier, who was working with an investor out of Manhattan, to resell his client’s asset for incredible value. In the process, Trader made his client over a half million dollars, in a short period of time, while Rinnier was able to find his client a perfect match for a unique 1031 exchange situation.
Both Rinnier and Trader worked through many hurdles to complete this complex deal in the middle of a global pandemic, no less. Probably the most impressive part of this deal, for those in the commercial real estate industry, is the fact that Rinnier and Trader were able to sell the property at an astonishing 4.9% capitalization rate.
Trader comments, "I think what makes this deal special to me is that first and foremost, I was able to make my client over a half million dollars in a very short period. It was also special doing this deal with Blair. These are the types of deals that we specialize in and we both had a lot of sweat equity in this one. In addition, anytime you can close a deal of this magnitude in the middle of a global pandemic, I think it speaks volumes about the determination of our firm and how we conduct business. We have been involved in a lot of very challenging deals over the years, but this was more complex than usual because of how unique it was. There were a lot of moving parts and it had us brokering right up to the very last second, but as dealmakers, that is what we live for. When the game is on the line, we want the ball in our hands."
Rinnier Development Company is a full-service commercial brokerage firm that encompasses all sectors of commercial real estate including retail, industrial, office, multifamily and investment properties. Rinnier offers their clients one of a kind service that includes in-depth analysis, retail strategies, innovation and details on off-market deals. Their vast knowledge of commercial property development has earned them national recognition. It is what sets them apart. Simply put, what this brokerage firm offers cannot be found anywhere else. Contact Rinnier Development Company today and learn why so many others have chosen them for their brokerage services.
PROPERTY OVERVIEW: 8,000 +/- SF located just off of Rt.13 in Fruitland MD. 4,000 +/- sf of office space and 4,000 +/- sf warehouse. Office space includes 10 small offices, 2 kitchenettes, reception are with window and ladies/mens restroom. Floor plan included in the marketing package. The owner is extremely motivated and willing to get creative to make a deal. Bring All Offers!
Sale Price: $495,000 Square Feet: 8,000 ± SF Lot Size: 0.55 Acres Zoning: C-1
PROPERTY HIGHLIGHTS:
CLICK HERE TO DOWNLOAD BROCHURE
Call or email today for a marketing package and brochure. Listed 90k below recent appraisal.
Matthew Trader - 443.614.4297 - mtrader@rinnier.com
1008-1016 S Salisbury Blvd., Salisbury, MD
The Clairmont Center is at the heart of Salisbury. 1,500-4,337 SF available for lease. High Traffic Counts—50,000 +/- ADT at the signaled intersection of US 13 and College Avenue. Large pylon signage on US 13 with computerized marquee. One mile from Award Winning Peninsula Regional Medical Center and less than 1,000 feet from Salisbury University— home to over 9,400 students and faculty.
For more information, contact Matthew Trader at 443-614-4297, or email mtrader@rinnier.com
Salisbury, MD March 2020 – Blair Rinnier, CCIM, CPM of Rinnier Development Company completed the lease of a retail suite at the Sea Gull Square shopping center to Barefoot Baby Boutique.
Barefoot Baby Boutique specializes in providing great apparel and accessories for moms, moms to be and infants.
To learn more about Rinnier Development Company Contact Blair Rinnier, CCIM, CPM (410)603-2826 brinnier@rinnier.com
Brandon Ziska, MD & DE Commercial Real Estate Agent with Rinnier Development Company, Strikes long term high-value lease deal for West Ocean City MD outlets! Ziska brings a new, nearly 4000sf, upscale restaurant tenant; “OC Chipsticks” to the center offering a hybrid Asian-American theme to include seasonal seafood options built into their exciting new menu.
Chopsticks ownership is an experienced restaurant operator with several other local brands and plans to be open for business in early Spring 2020. Owners plan to incorporate a high-end dining experience with top-shelf wine and spirits along with creative sushi and appetizer, as well as lunch and dinner entree options.
“I am very excited to see my clients continue to grow and develop into a local restaurant staple on the eastern shore of MD!” Ziska stated, “It is also very rewarding to bring the first new tenant to West OC Outlets ownership since RDC began marketing the center, and I look forward to continuing to bring various types of users that will make the center a strong local, and tourist destination.”
The West OC outlets are currently offering space for lease for all types of retail, restaurant, and professional users. Call Brandon Ziska today for more information, and to become the next tenant at this and many other retail centers; 443-880-1273 Bziska@rinnier.com
DELMAR, DE, SEPTEMBER 2019- Brandon Ziska and Matthew Trader of Rinnier Development Company recently closed on the sale of 64 +/- acres located off of Route 13 and Whitesville Road in Delmar, DE. The land was purchased by General Refrigeration, who was represented by Matthew Trader in the transaction. Trader comments, “The deal is set to have a massive economic impact on the Town of Delmar”.
General Refrigeration will be expanding from their 10,000 SF location on Stage Road into a 45,000 +/- SF facility. Not only are they increasing their footprint by four times their current size, but they will be adding over thirty new jobs in the process. The project is currently underway, with a timetable for completion at the end of 2019.
Brandon Ziska who represented the seller, had this to say, “Working on this project and representing the seller was a great experience, and knowing new jobs will be created for the people who live in the area is very rewarding. As the Eastern Shore’s industrial market continues to grow, I look forward to helping more clients achieve their goals, and find the right development site or building to accomplish their vision."
Trader, born and raised in Delmar, added, “Being a Delmar boy, this deal means a lot to me personally. I always love it when I can help the town flourish. Brandon and I were fortunate to have worked with great people who trusted us with such a complex deal. I am glad we were able to make it happen, for not only our clients but the town as well. Oh and GO WILDCATS! ". Matthew Trader and Brandon Ziska specialize in the sale and leasing of commercial properties. To contact Matthew, please call 443-614-4297 or email mtrader@rinnier.com or Brandon Ziska at 443-880-1273 or email bziska@rinnier.com.
Ziska matches Landlord and national tenant- Novacare Rehabilitation in 3000sf long term lease on rt 113 in Georgetown DE! Deal struck in less than 90 days of listing!!
New location opening will create new local jobs and a great new local option for rehabilitation needs. Both Landlord and tenant look forward to a long relationship at the new site.
Contact Brandon Ziska today for all of your MD & DE Real Estate needs! Bziska@rinnier.com 443-880-1273
Salisbury, MD September 2019 – Blair Rinnier, CCIM, CPM of Rinnier Development Company completed the lease of a retail suite at the Sea Gull Square shopping center to Kuhn’s Jewelers.
Kuhns’s Jewelers is the Eastern Shores Most Trusted Jeweler Since 1853 and is the fourth oldest continuously operated Jewelry store and provides quality jewelry of all types.
To learn more about Rinnier Development Company Contact Blair Rinnier, CCIM, CPM (410)603-2826 brinnier@rinnier.com
SALISBURY, MD, JULY 2019- Matthew Trader of Rinnier Development company recently closed on the sale of 926 Eastern Shore Drive. Trader, who represented the seller, sold the property to Joffrey Bros LLC, who was represented by Joey Gilkerson. The buyers purchased the 12,000 SF warehouse as an investment property. Future plans for the site have not been disclosed at this time.
Trader comments, "I love making deals, especially when they make sense and this deal made a whole lot of sense. The sellers were able to get great value for their property and the buyers were able to acquire an income-producing asset that fits their portfolio." Matthew Trader specializes in the sale and leasing of commercial properties.
To contact Matthew, please call 443-614-4297, or email mtrader@rinnier.com.
Blair Rinnier, President of Rinnier Development Company, completed the sale of 677 S. Salisbury Boulevard. Rinnier represented the seller who was a group of investors, who recently renovated the building.
After negotiating lease and purchase offers on the property, Rinnier worked with the owners to pursue the sale of the property to a local medical owner/occupant. Rinnier co-brokered with Rick Tilghman of Sperry Van Ness, who represented the buyer.
SALISBURY, MD, MAY 2019- Matthew Trader and Blair Rinnier of Rinnier Development Company, have been selected by Outlets Ocean City (formerly known as the Tanger Outlets) to provide local leasing services for the property. Trader and Rinnier, will be working with The Outlet Resource Group (TORG), who is the operating partner for the property, to identify new tenants for Outlets Ocean City that will complement the existing tenant mix.
“What we see from the new owners is refreshing," said Trader. "TORG's approach is different in that it is highly focused on the Ocean City market and on finding tenants that will resonate with the Ocean City visitor and resident alike".
"Outlets Ocean City's new ownership wants to add a local dynamic to the center," Trader continued. "TORG's goal is to blend traditional outlet retailers with Ocean City culture to provide consumers with a unique shopping experience that will increase traffic and dwell time."
Trader and Rinnier bring over 35 years of experience and market expertise to the center.
If you would like to learn more about this opportunity and or want to become a part of Outlets Ocean City, contact Rinnier Development company today for more details.
SALISBURY, MD, APRIL 2019- Matthew Trader of Rinnier Development Company recently closed on the sale of the former Wendy’s located off of Route 50 in Salisbury, MD. This was the first of Salisbury’s two vacant Wendy’s properties to trade or lease; since the recent store closings. Trader who was selected by Gordy Fuel to sell the property, represented both the buyer and the seller in the transaction. The property was purchased by Five Stars Investment LLC, who are currently working with Trader on finding a new tenant.
Trader comments,“It was an honor working with both the buyer and the seller to bring this deal to fruition. In my opinion, this deal represents substantial upside. Due to the recent route 50 development boom, there are a number of food tenants targeting the East corridor, who would be a great fit at this site. Positioned along route 50 and with infrastructure already in place, the new owners should be landing a new tenant soon, so stay tuned".Matthew Trader specializes in the sale and leasing of Commercial properties. To contact Matthew, please call 443-614-4297, or email mtrader@rinnier.com.
SALISBURY, MD, FEBRUARY 2019- Matthew Trader of Rinnier Development Company recently closed on the sale of the former Sunbeam Bread Factory, located at 111 Olive Street in Salisbury, MD. Trader represented both the buyer and the seller of the 33,000 SF warehouse facility; which traded at $360,000. The property was purchased by one of Delmarva’s premier telecommunication companies, Maloney Telecom Inc, who will be transforming the property into their new headquarters. They will be sharing the facility with 1-800 Radiator, who signed on to lease a part of the building, in a deal that Trader helped negotiate. Maloney Telecom is set to move forward with construction, within the coming weeks.
Trader comments,"It is great to see local companies, like Maloney Telecom, prosper. They have grown from a small family operation into an industry leader in the telecommunication world. The fact that their business has grown to the point where they can make this type of expansion, is another great sign for the small businesses of our community. It really helps to showcase how much potential there is for local businesses in our market. I was honored to work with both them and the seller to bring this deal to fruition. Matthew Trader specializes in the sale and leasing of Commercial properties. To contact Matthew, please call 443-614-4297, or email mtrader@rinnier.com.
SALISBURY, MD, JANUARY 2019- Matthew Trader of Rinnier Development Company and Andy Ball of SVN recently negotiated a deal to bring once of Ocean City Maryland's favorite restaurants, Pit & Pub to Salisbury. Pit & Pub will be located in the University Square Shopping Center located across the street from Salisbury University. They are one of the areas premier smokehouses! Their specialties include house-smoked brisket, pork, chicken, ribs and wings. They will also offer patrons hand-crafted sandwiches, home-made sides and fresh salads. They will also have a full bar with multiple TV’s for sports and entertainment. Pit & Pub plans on opening sometime this Spring, potentially as early as March.
Trader comments, "To me this move makes all kinds of sense for Pit & Pub. I think there will be a lot of synergy between their program, the college and local residents. Having them located right next to Sea Gull Stadium should definitely make gamedays a lot more exciting!
Matthew Trader specializes in the sale and leasing of Commercial properties. To contact Matthew, please call 443-614-4297, or email mtrader@rinnier.com.
SALISBURY, MD, FEBRUARY 2018- Matthew Trader and Blair Rinnier of Rinnier Development Company recently brokered the transaction on one of Wicomico County’s most iconic properties, The Twilley Centre. At 187,000 square feet, it is the largest open-air shopping center traded in Wicomico County history, making it one of the most historic deals ever completed in the county. Trader and Rinnier have worked diligently with all parties involved, over the past few months to bring this monumental deal to fruition.
Trader comments, “I’m extremely appreciative of the opportunity that we were given to work on this deal. These are the types of deals that our firm specializes in and to finally bring this one to a close, is an exceptional feeling. It’s a huge achievement, especially considering all of the hard work it took to bring it together and what it means for our community”.
Built in 1977 by the late Milford W. Twilley, the center was family owned and managed for over 40 years. To many of the city’s residents, it is not just a place to shop, but a city landmark. Trader also comments, “The center is such an enormous part of our community’s history. Personally, I can still remember going there to sit on Santa’s lap as a kid and eating at Imperial Gallery with my family. So for me to be a part of this, I feel like things have come full circle. It’s special! It makes it even better to know that I was able to help the great family, that has owned it for all of these years and to know that it will continue to be in good hands moving forward”.
Mission Dupree owns and manages 3.6 M SF of shopping centers around the country, specializing in neighborhood centers, like the Twilley Centre. Their initiative is to help bring the existing tenants to the next level, while using their expertise to bring nationally recognized tenants to the center as well. Their plans include a state of the art website with a national platform, to help market current and future tenants. They plan to make the center one of the most desirable retail properties in the Salisbury market place. They have signed on with Rinnier Development Company to assist with the leasing and are currently targeting hardware stores, urgent care, medical tenants, auto parts stores, other retailers and more, to fill space.For leasing information, please contact Matthew Trader. Matthew Trader specializes in the sale and leasing of Commercial properties. To contact Matthew, please call 443-614-4297, or email mtrader@rinnier.com.
SALISBURY, MD, MARCH 2017- Matthew Trader of Rinnier Development Company and Wayne Smith of Keller Williams recently closed on the sale of 6508 Deer Pointe Drive, Unit B. The property is located inside the Deer Pointe Professional Park off of Route 50 in Salisbury, MD. The 3,800 sf unit traded at $420,000. Trader represented the seller and Smith represented the buyer in this transaction.
Trader comments, "It was a pleasure working with all of the parties involved in this transaction. I feel Wayne and I were able to negotiate a great deal that delivered solid value on both sides. This transaction is just another example of how much confidence is in the market right now, especially in medical properties."
Matthew Trader specializes in the sale and leasing of Commercial properties. To contact Matthew, please call 443-614-4297, or email mtrader@rinnier.com.
SALISBURY, MD, OCTOBER 2016- Matthew Trader of Rinnier Development Company
recently negotiated a 9,500 SF lease deal to bring Robinson's Family of Businesses to the Twilley Centre in Salisbury, MD. The Robinson's deal represents the sixth new lease signed at the Twilley Centre this year. Robinson's has been operating on Delmarva for over twenty years. The family owned business provides a wide variety of services and their stores sell a myriad of products including Clock Repair, Jewelry Appraisals, Jewelry Cleaning & Repair, Engraving, Salisbury Pewter, Gold Buying and much more.
Trader comments, "We are experiencing an astronomical amount of activity at the Twilley Centre right now. I'm getting calls regularly from potential new tenants and the center is packed. Looking at the parking lot and foot traffic I would say it's one of the busiest centers in the Salisbury Market, outside of the Mall and Wal-Mart. Robinson's has a huge following, so I expect traffic patterns to increase even more; which is good for everyone at The Twilley Centre.
Matthew Trader specializes in the sale and leasing of Commercial properties. To contact Matthew, please call 443-614-4297, or email mtrader@rinnier.com.
SALISBURY, MD, OCTOBER 2016- Matthew Trader of Rinnier Development Company and Michael Moran of NAI KLNB recently negotiated a deal to bring AEX Group Inc. to Northgate Business Park in Salisbury, MD. AEX will be taking over an 8,000 SF unit at Northgate Business Park. AEX is an award winning logistics company who specializes in last mile delivery for the banking, healthcare, pharmaceutical and retail industries. AEX currently operates in 7 states and maintains a ninety nine percent on-time delivery percentage.
Trader comments, "This is an exceptional addition to one of Salisbury's premier business parks. We are excited to add them to the Northgate complex. A special thanks to Michael Moran for all of his hard work on making this deal happen. It was a pleasure working with him and his firm on this transaction.
Matthew Trader specializes in the sale and leasing of Commercial properties. To contact Matthew, please call 443-614-4297, or email mtrader@rinnier.com.
SALISBURY, MD, JULY 2016- Matthew Trader of Rinnier Development Company recently sold the CVS store located at 1910 Crain Highway in Bowie, MD for nine million dollars to Center Square LLC, who are investors out of Salisbury, MD. Trader orchestrated the deal by first selling the Center Square Shopping Center located on North Route 13 in Salisbury, MD; an asset previously owned by Center Square LLC. The sale of that shopping center needed to be completed in order for the Salisbury investors to be able to purchase the CVS in Bowie. After closing on the Center Square property, Center Square LLC then entered into a 1031 Exchange to acquire the CVS store they had been targeting, at which time, they used Trader to assist them in the process. Trader was used to negotiate the deal terms necessary to complete the transaction within the confines of the 1031 requirements. He also worked extensively with the lender, attorneys and the CVS seller's representatives in order to keep the very time sensitive deal on track to close on time. In the end, Trader was able to turn one of his client's older assets into a top-tier investment opportunity stabilizibed by one of the world's most coveted tenants (CVS). Together, both the CVS and Center Square transactions resulted in a total deal value of over ten million dollars. Trader comments, "I feel very fortunate that I was given the opportunity to work with Center Square LLC on this deal. These are the type of deals that I love to put together. They are complex, high pressure, involve a lot of work, follow up and attention to detail. In the process I was able to move my client's investment interest out of a small local credit center that served their family well for many years, into a high profile net lease asset secured by one the world's largest and most recognizable pharmaceutical retailers, CVS. Matthew Trader specializes in the sale and leasing of Commercial properties. To contact Matthew, please call 443-614-4297, or email mtrader@rinnier.com.
SALISBURY, MD, MAY 2016- Matthew Trader of Rinnier Development and Chris Davis of SVN- Miller Commercial Real Estate recently closed on the sale of 560 Riverside Drive, Unit #A206. The unit, which is currently leased by PRMC was sold for $310,000 to Shelmire Investments LLC., who was represented by Chris Davis of SVN. Matthew Trader represented the seller in this transaction. This is one of the many income producing medical properties that have changed hands in Salisbury over the past few months.
Trader comments, "Income producing medical properties are a hot ticket in our market right now. We are getting a lot of calls regarding them. Anytime you can acquire an asset with a stabilized tenant like PRMC at an attractive cap rate, you're getting great value".
Matthew Trader specializes in the sale and leasing of Commercial properties. To contact Matthew, please call 443-614-4297, or email mtrader@rinnier.com.
SALISBURY, MD, APRIL 2016- Matthew Trader of Rinnier Development recently executed a 10 year lease deal that will bring Your Pie Pizza to the Centre at Salisbury Shopping Mall. Your Pie will become Salisbury's first fast casual Pizza Restaurant when it opens later this year. The regional pizza chain will be positioned next to Regal Cinemas in the east end cap of the theatre area strip center, located on the outside of the mall. Your Pie is most widely known for its customizable 10 inch pizzas, but also offers build-your-own panini sandwiches and bread bowl salads. Your Pie uses brick ovens to cook pizzas at a high temperature for a short amount of time. In addition to gourmet Pizza and Paninis, Your Pie will have over twenty craft beers on tap and select wines.
The Your Pie experience begins by selecting which hand-tossed dough will be used for their customized pizza. Following the down-the-line concept, customers then select which homemade sauce to put on the dough, and then choose which all-natural cheese will go on the pizza. Your Pie offers 35 ingredients to top pizzas with before the creation is popped in the oven to be cooked.
Trader comments, "Your Pie is basically Mellow Mushroom at the speed of Chipotle". He adds, "This deal was rewarding for me because I have envisioned a restaurant at this exact space for years. It is something I have been trying to put together for a long time. A fast paced restaurant with quality food and beer next to a theatre is the perfect marriage. For a guy who loves movies and pizza I couldn’t be more excited about this".
Rinnier Development Company owns, manages and/or has developed more than 2 million square feet of commercial and residential real estate and currently manages an investment portfolio of over 1.4 million square feet. Rinnier has provided quality service to the Mid-Atlantic community for over 75 years with nationally recognized award winning communities.
Matthew Trader specializes in the sale and leasing of Commercial properties. To contact Matthew, please call 443-614-4297, or email mtrader@rinnier.com.
SALISBURY, MD, JANUARY 2016- Matthew Trader of Rinnier Development Company and Will Moore of SVN brokered a new long term lease that will bring Jimmy John's Gourmet Sandwiches to Sea Gull Square in South Salisbury, MD. The nationally known restaurant, after searching for the best location in the South Salisbury market, chose Sea Gull Square for their new location. Jimmy John's will be taking over the space formerly occupied by Roly Poly and expects to open later in the Spring.
Trader comments, "Anytime I can be a part of bringing a nationally recognized tenant to our great city of Salisbury, I get excited. Not only do these type of deals help stimulate our local economy, but they also help promote market awareness that could lead to other national brands choosing Salisbury for their next location. I think the fact that Jimmy John's pursued this location as hard as they did, says a lot about not only Sea Gull Square, but the overall growth of the South Salisbury market. I also want to add that this deal would not have gotten done without Will Moore’s persistence to get Jimmy John’s the location they desired most. If you like the Jimmy John's product, you can thank Will for bringing them here". Moore says, "It was a pleasure working with Jimmy John's and both Matthew Trader and Blair Rinnier. Jimmy John's will be able to serve Salisbury University as well as the city of Salisbury. I am happy to bring them to the area".
Jimmy John's Franchise, LLC is a franchised sandwich restaurant chain. Founded by James John Liautaud in 1983 and headquartered in Champaign, Illinois, in 30 years, the company has grown to more than 2,000 locations in 43 states. Jimmy John's has opened approximately 200 locations per year over the past three years. As of 2013, 98% of the locations are franchise-owned.
Rinnier Development Company owns, manages and/or has developed more than 2 million square feet of commercial and residential real estate and currently manages an investment portfolio of over 1.4 million square feet. Rinnier has provided quality service to the Mid-Atlantic community for over 75 years with nationally recognized award winning communities
SALISBURY, MD, April 2015- Matthew Trader of Rinnier Development and Michael Moore of Coldwell Banker sold the medical office unit located at 106 Milford Street, Unit 604 in Salisbury, MD. The unit was purchased by Delmarva Heart, LLC who has plans to expand. Trader represented the Seller and Michael Moore represented the Buyer.
Established over 16 years ago, Delmarva Heart provides the highest quality of cardiac care in the area.
Rinnier Development Company owns, manages and/or has developed more than 2 million square feet of commercial and residential real estate and currently manages an investment portfolio of over 1.4 million square feet. Rinnier has provided quality service to the Mid-Atlantic community for over 75 years with nationally recognized award winning communities.
Matthew Trader specializes in the sale and leasing of Commercial properties. To contact Matthew, please call 443-614-4297, or email mtrader@rinnier.com.
DELMAR, MD, April 2015- Matthew Trader and Brandon Ziska of Rinnier Development are pleased to annouce the lease of a 6500 SF space located at 501 E Pine Street in Delmar, MD. Trader represented the Landlord and Ziska represented the Tenant.
Formerly Banks and Pusey Pant Factory, the new tenant will utilize the space as New Life Auto Body & Moto Sports.
Rinnier Development Company owns, manages and/or has developed more than 2 million square feet of commercial and residential real estate and currently manages an investment portfolio of over 1.4 million square feet. Rinnier has provided quality service to the Mid-Atlantic community for over 75 years with nationally recognized award winning communities.
Matthew Trader specializes in the sale and leasing of Commercial properties. To contact Matthew, please call 443-614-4297, or email mtrader@rinnier.com.
FRUITLAND, MD, March 2015- Matthew Trader of Rinnier Development sold the former Gold & Silver Trading Post building located at 107 N Fruitland Boulevard Route 13) in Fruitland, MD. The building was purchased by Ladd Holdings, LLC and has plans to make the building into a third location for Crazy Louie's Pawn Shop & Rock-N-Roll Outfitters. Trader represented both the Buyer and the Seller.
Established over 30 years ago, Crazy Louie's currently has two locations in Salisbury providing a very large inventory of popular and specialty items. They receive new and different items EVERYDAY! Along with brand name, brand new and slightly used merchandise they also have antiques and collectibles. You never know what you'll find at Crazy Louie's Pawn Shops!
Rinnier Development Company owns, manages and/or has developed more than 2 million square feet of commercial and residential real estate and currently manages an investment portfolio of over 1.4 million square feet. Rinnier has provided quality service to the Mid-Atlantic community for over 75 years with nationally recognized award winning communities.
Matthew Trader specializes in the sale and leasing of Commercial properties. To contact Matthew, please call 443-614-4297, or email mtrader@rinnier.com.
