Patterson-Woods Commercial Properties/CORFAC International has been awarded two “Top Deals” in the Mid Atlantic Real Estate Journal’s Best of 2020, an annual compilation that highlights the most significant deals in the Mid Atlantic Region.
Joseph Latina was awarded Largest Office Sale for his $4,325,000 office sale (seller rep) of One Avenue of the Arts in Wilmington, Delaware. Click to View
Chris Moore, CCIM, was awarded Largest Retail Sale for his $4,000,000 NNN retail investment sale (buyer rep) of 825 E Chestnut Street in Lancaster, Pennsylvania. Click to View
Congratulations to Joseph and Chris on their recognitions!
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Patterson-Woods Commercial Properties / CORFAC International is a leading commercial real estate services firm specializing in the Mid-Atlantic commercial property markets. We have been providing the most complete selection of commercial real estate services to the communities of Delaware, Maryland and Pennsylvania for over 50 years.
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Newark, DE (February 25, 2021) – Patterson-Woods Commercial Properties/CORFAC International, a leading full-service commercial real estate provider serving the Mid-Atlantic market, today announced the completion of the sale of an office building located at 800 Barksdale Road in Newark, DE. The three-story building measures 28,997 sq. ft. square feet and sits on 2.12 AC.
The property was sold by The International Reading Association, Inc., to NDG 302, LLC, of Newark, Delaware.
Patterson-Woods represented both sides of the transaction, with Dan Lesher representing the seller and Rich Dudek representing the buyer.
“The buyer is excited to expand their hometown real estate portfolio and hopes to have a continued great relationship with the University of Delaware as their tenant,” said Dudek.
The building configuration consists of a mix of roughly 26,000 sq. ft. of office and 3,000 ft. of warehouse space. There had recently been extensive upgrades to the interior finish. The building was purchased as an investment property and is currently 100% occupied by the University of Delaware. It is within walking distance to South Main Street and is within two blocks of both Dart and the University of Delaware bus lines.
About Patterson-Woods Commercial Properties/CORFAC International
Patterson-Woods Commercial Properties/CORFAC International is a leading commercial real estate services firm specializing in the Mid-Atlantic commercial property markets. We have been providing the most complete selection of commercial real estate services to the communities of Delaware, Maryland and Pennsylvania for over 50 years. Patterson-Woods Commercial Properties is a second generation company well-known for facilitating solutions to the needs of the business community and developers of real property. For more information on Patterson-Woods/CORFAC International, contact the company’s Wilmington, Delaware headquarters at 302-622-3500 or visit www.pattersonwoods.com.
About CORFAC International
CORFAC International is a global network comprised of privately held entrepreneurial commercial real estate firms with expertise in office, industrial and retail brokerage, tenant and landlord representation, investment sales, multifamily, self-storage, acquisitions and dispositions, property management and corporate services. Founded in 1989, CORFAC has 70 offices in the U.S., Canada and international markets, including Australia, France, Germany, Ireland, Italy, Japan, Malaysia, Netherlands, Philippines, Romania, Russia, Singapore, South Korea, Switzerland, Thailand and United Kingdom. CORFAC offices collectively close an average of 10,000 lease and sales transactions valued in excess of $9.0 billion annually, totaling 500 million square feet closed and 65 million square feet managed worldwide. For more information, visit www.corfac.com
CORFAC International has announced that it has been recognized for the 6th consecutive year as a Top Global Real Estate Brand in the Lipsey Company’s annual survey. The Lipsey Company, an International Leader in Training & Consulting for The Commercial Real Estate Industry, received thousands of entries for the Top 25 list. We are proud to be globally connected and recognized as members of CORFAC International! Click here to view the full list.
via corfac.com
CORFAC is pleased to announce Tan, Frankum & Associates/CORFAC Internationalin Makati City, Metro Manila, Philippines, is the first firm to join our growing global network in 2021. With the addition of TFA, CORFAC now has a presence in 18 countries around the world.
“CORFAC International is thrilled to welcome TFA in the Philippines to the network,” said CORFAC President Joe Latina of Patterson-Woods Commercial Properties/CORFAC International in Wilmington, Delaware. “Having this highly skilled real estate firm join us, particularly as CORFAC continues to expand in the Asia-Pacific market, offers a great opportunity for all CORFAC members and their clients.”
TFA was established in 2011 by Trent Frankum, CCIM, and Jenny Tan, and is licensed to operate throughout the Philippines. Ten Tolentino, the firm’s third partner, joined in 2013. The firm has grown to include 15 full-time employees with more hires coming soon.
TFA offers full-service commercial real estate brokerage and consultancy business lines with specialization in tenant representation, landlord representation, acquisitions, dispositions and research.
“Since the establishment of TFA in 2011, we’ve constantly looked to improve and broaden our service offerings, and we feel that CORFAC is an integral piece to taking the next step in becoming a full service, commercial real estate solutions provider for our multinational clients as well as our Philippines-based clients with property interests both locally and abroad,” said Frankum. “The way that CORFAC has embraced us as partners even in the early stages, is the way that we aim to serve our clients as well as CORFAC in return — with the highest level of professionalism, integrity and knowledge of the real estate services practice.”
TFA combines in-depth market knowledge and a vast network of relationships to produce value-driven results for their clients. The firm prides itself on its hands-on, boutique approach to commercial real estate, which ensures that only senior-level experts work to meet the clients’ requirements.
For more information on TFA, visit www.tfa.ph.