Press Releases - Hanna completes sale of two former Bonanzas in MD and DE
by: Lindsay Moore - Sperry Van Ness - Miller Commercial Real Estate
Thursday, July 15, 2010 3:27 PM

 

MILLSBORO, DE & POCOMOKE, MD, JULY 2010 -   Henry Hanna, CCIM, SIOR and Senior Advisor for Sperry Van Ness – Miller Commercial Real Estate in Salisbury, MD recently completed the sale of two former Bonanzas in Pocomoke, MD and Millsboro, DE. The Pocomoke Bonanza comprised of 9,489 sq ft on 1.64 acres and is located on Rt. 13 with direct access and frontage.  The selling price was $950,000.  The Millsboro, DE restaurant is comprised of 10,226 sq ft on 1.75 acres located in the Mid – Sussex Shopping Center in Millsboro, DE. The selling price was $1,100,000. Hanna represented the seller, BNB Bank, who owned both properties.  The properties were both purchased by Tres Tacuaches, LLC. Rehoboth Bay Realty was the selling agent. The last Bonanza restaurant on the Eastern Shore of Delmarva is located in Delmar, DE and is also for sale. For more information, please contact Henry.Hanna@svn.com.

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"The Miller organization has operated properties for Benbrooke in different locations on the Delmarva Peninsula, and in so doing have demonstrated that their competence is not constrained to Wicomico County. Even after we sold our property in Salisbury, we continued to engage them for assets elsewhere in the region."
- George Ackerman, Benbrooke Realty Investment Company