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Newark, Delaware
Thursday, November 23, 2017

New apartment complex going up in New Castle

A Philadelphia-based developer is constructing an apartment complex in New Castle. In a post on  its website, Pennrose Property Management Co. described the complex as consisting of upscale apartments. Click here  for the link that includes...

Industrial commercial real estate market shows strength in third quarter

Northern Delaware is showing strength in industrial real estate leasing activity, commecial real estate firm CBRE reported.  In northern Delaware, the vacancy rate plummeted  8.6 percent since one year ago to   3.3 percent. The asking...

South Jersey real estate firm joins BBHS Fox & Roach

Berkshire Hathaway HomeServices (BHHS) Fox & Roach,  Realtors announced that Hughes-Riggs Realty, Inc. in Mullica Hill,  NJ  in Gloucester County, has joined the company. BHHS Fox & Roach is one of the largest residential brokerage...

Stores sign up for Wilmington facade program

Downtown Visions’ Main Street Wilmington façade improvement program not only provides funding to remove security gates but also provides grants for new signage.  The most recent stores to receive the funding are  Wilmington Optical, 719...

Giant supermarket site in Millsboro sells for $10.24 million

 Marcus & Millichap, a commercial real estate investment services firm, announced the sale of a freestanding, 51,994-square-foot Super Giant grocery store and gas station in Millsboro. The property sold for $10,24 million,  which represents...

Buccini/Pollin cuts ribbon on downtown apartments

The  Buccini/Pollin Group, Inc.  (BPG),  and  BPGS Construction   held a  ribbon cutting celebration for MKT Place, an apartment building consisting of 33 units on 200 W. 9th  St.  The new apartments consisting of 30 one-bedrooms...

Foxwood Apartments in Newark area sold for $44.5 million

Holliday Fenoglio Fowler, L.P. (HFF) announced the $44.5 million sale of  $34.3 million acquisition financing for Foxwood Apartments, a 414-unit, property in the  Newark area. The HFF team marketed the property on behalf of...

Harvey, Hanna completes purchase of GM Boxwood site

It's official.  Harvey, Hanna & Associates, Inc. (HHA) Wednesday completed the acquisition of the former General Motors Automobile Assembly plant  at 801 Boxwood Road, near Newport. Boxwood Industrial Park, LLC, an affiliate company of Harvey, Hanna...

Clean Energy USA honors Schell Bros. for 1,000th solar installation

Clean Energy USA, Rehoboth Beach, recently awarded homebuilder Schell Brothers the first Platinum Builder award, which signifies 1,000 homes built by Schell Brothers have installed solar panels. “Solar gives our customers the ability to ensure...

NAI Emory Hill announces leases in Peoples Plaza

NAI Emory Hill's retail brokerage team of Jim O'Hara Jr., Jim O'Hara III and Kevin O'Hara have negotiated a number of leases recently at Peoples Plaza in Glasgow, DE. The most recent leases include: Sparklean...
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