St. John Properties Acquires 24 Acres for New Business Community in Salisbury

4 hours ago

Sophia Peters,

SALISBURY, Md. – Wicomico County Executive Julie Giordano announced on Wednesday that St. John Properties, Inc. has acquired 24 acres along East Naylor Mill Road to build a new mixed-use business community.

The development is called Salisbury Exchange, and officials say that it will deliver more than 220,000 square feet of flexible commercial space. It will include flex/R&D buildings with customizable layouts, 18-foot ceiling heights, and both drive-in and dock-loading options. The site will also feature new retail opportunities to serve the surrounding commercial corridor.

This will be St. John Properties second major commercial development in Wicomico County, building on the success of Westwood Commerce Park.

Phase One of construction is expected to begin in Spring 2026, with two initial buildings projected for delivery in 2027.

County Executive Giordano said the announcement reflects strong economic momentum in Wicomico County.

“St. John Properties continues to invest in Wicomico County because they see the same thing we do: a strong workforce, growing businesses, and a community positioned for economic expansion. Without modern flex space like this, our local companies have nowhere to grow—this project fills a critical need and ensures we can continue attracting and retaining employers.”

According to St. John Properties, Salisbury Exchange is being designed to support a diverse mix of businesses, including high-tech firms, professional services, light manufacturing, and logistics. The development is strategically located near The Centre at Salisbury, downtown Salisbury, Salisbury University, and the Salisbury Regional Airport.

“Our long-term commitment to Wicomico County reflects the region’s strong economic fundamentals and the demand we continue to see for high-quality, flexible commercial space,” said Andrew Roud, Regional Partner for St. John Properties. “Salisbury Exchange will be a hub for innovation and business growth, and we look forward to once again partnering with the County to deliver a project that strengthens the local economy.”