Quantcast
Tuesday, November 19, 2019

Paradee resigns from DE Turf board, blasts media coverage

Dover Attorney John Paradee has resigned from the board of DE Turf. The decision comes after a controversy involving legislation sponsored by his brother, state Sen. Trey Paradee. The legislation, which was signed by Gov. John...

Boxwood developer submits plan for five-story logistics complex

A developer of the former GM Boxwood plant are proposing a high-rise 3.8 million square foot warehouse/distribution center. The five-story logistics center would be located on the northeast corner of Boxwood Road and Centerville Road...

Plans call for restaurant, bank at former Sears auto Prices Corner site

The former Sears Auto Center at the Prices Corner Shopping Center is proposing a branch bank and restaurant with drive-through access at the site.  An engineering firm for Jardel Co. filed documents with New Castle...

Evergreen acquires River Commons Apartments in Wilmington

Evergreen Apartment Group Inc. has acquired River Commons Apartments, a 116-unit apartment community located near the Wilmington train station. Evergreen Apartment Group arranged the sale directly with Andrew Townsend of Marcus and Millichap. Financing for...

Philly Fed President Harker sees steady economy

Federal Reserve Bank of Philadephia Patrick Harker said the Delaware and national economies are perking along. Harker, the former President of the University of Delaware, spoke at a Wednesday meeting of the Commercial-Industrial Realty Council...

Newark Shopping Center on the selling block

The Newark Shopping Center is for sale. The center on East Main Street has undergone a turnaround under current owner Atlantic Realty, which renovated the shopping center and added Newark Natural Foods as an anchor...

Newark Manor agrees to $381,000 settlement in case brought by state

Newark Manor Nursing Home (also known as Premiere Healthcare, Inc.), its owner Bruce Boyer, administrator David Boyer and former administrator Susan Comegys have agreed to a $381,000 settlement with the State of Delaware. Newark Manor...

Washington, DC firm acquires PNC Bank Center

Douglas Development Corporation, based in Washington, DC, has acquired the PNC Bank Center, a 289,303 sq. ft. Class A office property at 222 Delaware Avenue in Wilmington, Delaware. Terms and the previous owner were not...

Seitz, Montgomery-Reeves Supreme Court nominations confirmed

The Delaware State Senate confirmed Gov. John Carney's nominations of  Justice Collins J. Seitz, Jr. to serve as the next Chief Justice of the Delaware Supreme Court, and Vice-Chancellor Tamika Montgomery-Reeves to serve as...

PNC names new Delaware market executive, signs long-term lease for downtown headquarters

PNC Bank has a new Delaware Market Executive and announced plans to keep its headquarters in Wilmington. PNC veteran Jim Hutchinson was named  Delaware Market Executive effective immediately. He has more than 30 years of...