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REAL ESTATE INSIDER

DEMCO buys Salisbury industrial property

Delmarva Electric Motors has purchased a 60,000-square-foot industrial building on six acres of land in Salisbury.

The company, which was represented by SVN|Miller Commercial Real Estate Advisors, plans to clear the east side of the property to provide more visibility and renovate the building at 406 Marvel Road in the Northwood Industrial Park. Delmarva Electric Motors intends to occupy 50 percent of the property and lease the rest of the space.

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