Click to view our latest newsletter | August – September 2018

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OFFICE Bart Mackey represented the tenant, Cover & Rossiter, P.A., in the lease of a 10,348 sq. ft. office space at Little Falls 1 – 2711 Centerville Road in Wilmington, DE. 

OFFICE Bart Mackey represented the seller, JTR Associates, in the sale of a 2,300 sq. ft. building at 1203 Philadelphia Pike in Wilmington, DE.

OFFICE Greg Ellis, CCIM, represented the landlord, Diver Grant-Union Properties, LLC, in the lease of a 2,915 sq. ft. office space at 1300 Grant Avenue in Wilmington, DE. There is still a 1,600 – 3,307 +/- SF 2nd floor suite available for lease in this building – click for more information.

RETAIL Joe Latina and Mary Ann Heesters represented the seller, Luciano and Gina Aloise, in the sale of a 6,377 total sq. ft. retail property at 1815 Lancaster Ave in Wilmington, DE.

RETAIL Joe Latina represented the landlord, Middletown Square, LLC, in the lease of a 4,766 sq. ft. retail space in Hedgelawn Plaza – 840 Kohl Avenue in Middletown, DE.

RETAIL Rich Dudek represented the seller, Antoni & Helen Kledaras, in the sale of a 2,446 sq. ft. retail building at 249 Philadelphia Pike in Wilmington, DE.

RETAIL Will Minster represented the landlord, Kwang Lee, in the lease of a 2,232 sq. ft. retail space at 701 N Market Street in Wilmington, DE.

RETAIL Rich Dudek and Will Minster represented the landlord, Han Real Estate, in the lease of a 2,093 sq. ft. retail space at 415 N Market Street in Wilmington, DE.

INDUSTRIAL Joseph Latina represented the seller, Levels BP Office, LLC, in the sale of a 11,344 sq. ft. building / 3.74 AC parcel located at 111 Patriot Drive in Middletown, DE.

INDUSTRIAL Tom Ryan represented both the landlord, BCA Development, LLC, and the tenant, The PromptCare Companies, Inc., in the lease of a 4,800 sq. ft. industrial space at 56 Artisans Way in Smyrna, DE.

INDUSTRIAL Rich Dudek represented the landlord, NuCar Connection, Inc., in the lease of a 2,450 sq. ft. industrial space at 186 N. DuPont Highway in New Castle, DE. 

INDUSTRIAL Rich Dudek represented the landlord, GKB Properties, LLC, in the lease of a 2,250 sq. ft. industrial space at 120 Sandy Drive in Newark, DE. 

MIXED USE Greg Ellis, CCIM, represented the seller, Greenhill 100, LLC, in the sale of a 17,583 sq. ft. / .82 AC mixed-use property at 120 Greenhill Avenue in Wilmington, DE. 

MIXED USE Rich Dudek represented the seller, Victor J. Venturena, Trustee, in the sale of a 4,100 sq. ft. mixed use space at 1117 N. Franklin Street in Wilmington, DE. Chris Moore, CCIM, represented the buyer.

MULTIFAMILY Chris Moore, CCIM, represented the seller in the sale of a 1,375 sq. ft. multifamily property at 8 Corbin Court in Wilmington, DE.

View Our Sep/Oct 2017 Newsletter

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In this issue:
Patterson-Woods Represents El Diablo in Fourth Delaware Lease
See our MAREJ article Tough Times and Vacancy Lead to a Reset and Investment Opportunities by Greg Ellis, CCIM 
Joseph Latina Named Five Star Professional for 8th Consecutive Year
On the Calendar: CORFAC's Annual Fall Summit in Denver
Recent Transactions

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Michael Willey and Vincent White represented the seller, Wilmington Senior Center, Inc., in the sale of an 8,500 sq. ft. mixed use building at 1909 N Market Street in Wilmington, DE. Tony Bariglio represented the buyer, Redeemed Christian Church of God, Faith Chapel, Inc., in this purchase.

Greg Ellis, CCIM and Michael Willey represented the tenant, Paws for People, in the lease of a 3,920 sq. ft. office space at 703 Dawson Drive.

Rich Dudek  and Chris Moore represented the landlord, III Vineyard Way, LLC, in the lease of a 2,558 sq. ft. retail space at 401 Vineyard Way in West Grove, PA.

Michael Willey represented the tenant, Liborio-Louviers, LLC, in the lease of a 1,600 sq. ft. retail space at 405 Louviers Drive in Newark, DE.

Michael Willey represented the landlord, Greggo & Ferrara, in the lease of a 1,120 sq. ft. retail space at 526 Greenhill Avenue in Wilmington, DE.

Chris Moore represended the landlord, Star Management, LLC, in the lease of a 1,110 sq. ft. office space at 715 N King Street in Wilmington, DE. There are still two suites currently available in this building – click to view.

Tony Bariglio represented both the landlord, 811 Trolley, LLC, and the tenant, Simply Hair, in the lease of a 1,000 sq. ft. retail space at 11B Trolley Square.

Wilmington, DE (April 14, 2016) – Patterson-Woods Commercial Properties/CORFAC International today announced that it has been named a "Top Commercial Real Estate Brokerage" by the Philadelphia Business Journal. In addition to ranking 20th among Philadelphia brokerages, including three national firms with Philadelphia locations, it is the only Delaware-based brokerage to make the list.

Brokerages on the list are ranked by total local square feet of real estate leased and sold in 2015.

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Wilmington, DE (January 29, 2016) Patterson-Woods Commercial Properties/CORFAC International, a leading commercial real estate services firm specializing in the Mid-Atlantic commercial property markets, today announced record sales and leasing activity in 2015, echoing a report by Real Capital Analytics that the national commercial real estate market had its biggest year since 2007. 

The largest sale and lease transactions of the year were in the office market.  Patterson-Woods represented both the seller and the buyer in the sale of a 455,000 sq. ft. office complex spanning 36 acres at Barley Mill Plaza in Wilmington, DE. The buyers, Odyssey Charter School, Inc., purchased the site for their K-12 school. Patterson-Woods also represented the landlord in a 65,941 sq. ft., ten-year lease of 824 N Market Street. The tenant, U.S. Bankruptcy Court, occupies approximately 33% of the building. 

Other significant transactions in 2015 include Patterson-Woods’ representation of the following:

The buyer of a 6.84 AC purchase of a school at 326 Ruthar Drive in Newark, DE.

The buyer of a 43,420 sq. ft. purchase of a retirement home at 1632-1565 W Allen Street in Allentown, PA.

The seller of a 78,800 sq. ft. sale of an industrial property at 2012 Firedancer Lane in Bear, DE.

The tenant of a ten-year, 10,000 sq. ft. lease at 405 Old DuPont Road.

The seller of a retail/investment property at 20859 Coastal Highway in Rehoboth Beach, DE.

The landlord and tenant of a 28,000 sq. ft. lease of a school at 181 Stanton Christiana Road in Wilmington, DE.

The landlord and tenant of a 27,175 sq. ft. lease of a school at 2201 W 2^nd Street in Wilmington, DE.

The buyer and seller of an 18,000 sq. ft., 20-unit multifamily complex at 420-458 Smyrna-Clayton Boulevard in Smyrna, DE.

The seller of a 13,000 sq. ft. investment property at 700-750 Barksdale Road in Newark, DE.

The tenant of a  10,735 sq. ft. office lease at 1523 Concord Pike in Wilmington, DE.

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