Delaware Business Now Reports – Former Fisher’s Appliance Building in Milford to Become Insurance Office
Gillis Gilkerson announced the redevelopment of the former Fisher’s Appliances building in downtown Milford, will become the new home of The Insurance Market.
For well over 100 years, The Insurance Market has served personal, 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 on Front Street and in need of a facel ift, and converts the building to a office building anchored by The Insurance Market. The Insurance 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 that could properly reflect our brand,” said Stephen Hartstein, CIC, and partner of The 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.
About Gillis Gilkerson
In its 37th year of building and real estate development on Delmarva, award-winning Gillis Gilkerson has built a reputation as one of the most trusted and stable construction management and general contracting firms on the Peninsula. From new commercial construction to renovation, the company’s construction managers offer broad and deep experience in diverse industries such as medical, industrial, manufacturing, hotels, multi-family housing, houses of worship, restaurants, retail, schools and more. Its full-service real estate development expertise offers custom solutions for land purchase, building program development, turnkey project management, obtaining permits and approvals, property management, property marketing, purchase, lease, and lease/purchase options. The team works in conjunction with architects, government planners, engineers, surveyors, inspectors, contractors, and leasing agents to manage the development process from concept to completion.