Seaford distribution site leased to Amazon and others sold in multi-million dollar transaction

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In a multimillion-dollar transaction, 1700 Dulaney Street, home to an Amazon distribution center, and 200 Allen Street were purchased by a New Jersey investor.

Chris Davis and Advisor Christian Phillips of NAI Coastal, Salisbury, MD, recently brokered the sale of an industrial investment portfolio in Seaford.

The buildings total nearly 300,000 square feet and are situated on about 23.5 acres within Seaford’s city limits.

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Since May 2021, Amazon has operated out of more than 100,000 square feet and 12 acres of surrounding land. The long-vacant warehouse underwent extensive upgrades.

Other tenants include the State of Delaware’s Department of Elections, Invista, Dunn’s Floor Coverings, and Johnny Janosik World of Furniture.

Phillips represented the sellers, described as principals of a prominent Delmarva-based development firm.

Click on the headline below for the earlier story

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