The former Standard Register facility in the Northwood Industrial Park in Salisbury, Md. has been purchased by Delmarva Power.
John McClellan, Henry Hanna and Wesley Cox, all Senior Advisors with Sperry Van Ness – Miller Commercial Real Estate, Salisbury, represented Standard Register in the transaction.
The Delmarva Power business of Pepco Holdings is based near Newark and has an operating center in Salisbury.
Standard Register and its predecessor Burroughs Corporation were one of the early occupants of the Northwood Industrial Park in the 1970s.
The facility at 600 Marvel Road in Salisbury, totals over 110,000 square feet and sits on more than eight acres of land. David Lucas, the Electric Maintenance Manager with Delmarva Power stated, “Our various electric service reliability projects in this area have brought about a need to expand our warehouse capabilities and we believe this particular facility will provide us with the much-needed extra space.” Delmarva Power purchased the building for $2,750,000.
