Gillis Gilkerson announced the redevelopment of the former Fisher’s Appliances building in downtown Milford, will become the new homeofThe Insurance Market.
For well over 100 years, The Insurance Market has servedpersonal, business and life & health clients on the Delmarva Peninsula.
This project takes a 13,200 square feet structure, originally occupied as Fishers’ Appliances (and most recently a variety of retail and office uses) directly onFrontStreet and in need of a facelift, and converts the building to a office building anchored byThe Insurance Market.TheInsurance Market will occupy the majority of the building, with about 5,500 square feet available for lease.
The agency has offices in Salisbury, Millsboro, Laurel and Milford.
“We were looking for an office in Milford thatcouldproperly reflect our brand,” said Stephen Hartstein, CIC, andpartnerofThe Insurance Market, “but the limited inventory of existing office real estate in downtown Milford caused our initial searches to come up empty. We knew we needed to have a stronger presence in Milford, and we knew that the Gillis Gilkerson team would be able to provide us with the creative solution we needed,”said Hartstein.
This project is the recipient of a Downtown Development District grant through the state of Delaware, as it has been deemed a catalyst for other redevelopment activity, and contributes to superior urban design standards.
Gillis Gilkerson is a commercial contractor based in Salisbury, MD.