Quantcast
Thursday, May 28, 2020
blank

Home sales and listings decline in April as prices increase

Figures from Berkshire Hathaway Home Services  Fox & Roach reported lower home sales in April, with the inventory dropping and prices increasing. in two of the state's three counties. "Real estate's spring market has seen...
blank

(Top trending) It’s official – Amazon to build fulfillment center at Boxwood site

It's official. Amazon formally announced that the company will operate a fulfillment center at the former GM Boxwood site near Newport. No opening date was listed.  The project, which had previously been endorsed for a $4.5...
blank

New DART bus hub opens near train station

Delaware Transit Corp. (DART)  opened the Wilmington Transit Center, located at Front and Walnut Streets. The new transit center has the capacity to have up to 10 buses stage at one time allowing bus layovers...
blank

Amtrak buys Renaissance Center in downtown Wilmington

Amtrak has purchased the Renaissance Center in downtown Wilmington, with plans to accommodate 200 employees in the building.  The sale marks a continuation of owner-occupied building sales in the city. The trend started several years...
blank

State of Delaware’s guide to Phase 1 reopening

The release of guidance on Delaware's Phase 1 openings led to some confusion regarding types of businesses that will reopen on June 1. The guide below allows for the reopening of bars, restaurants, malls, retail...
blank

JC Penney files for bankruptcy protection, with store closing news to follow

J.C. Penney Co., Inc. has filed for Chapter 11 protection as it undergoes a restructuring that will include store closings and determining if a buyer can be found. The company operates stores at Dover Mall,...
blank

JLL named leasing agent for 824 Market Street in Wilmington

JLL will lead leasing efforts for 824 N. Market St., Wilmington,  on behalf of Chopp Holdings LLC.  The 824 N. Market St. is a 207,500-square-foot building located in Wilmington’s central business district. The ten-story building is...
blank

Trending South Bethany relaxes total beach ban

The tiny town of South Bethany has relaxed beach restrictions after Ocean City, MD decided to reopen its beaches and boardwalk on Saturday. South Bethany has about 550 residents and few businesses. Effective Tuesday,  a...
blank

Investor purchases buildings in Seaford, Easton, Salisbury in $7.6 million transaction

NAI Coastal's Principal Chris Davis recently represented a local investor in its purchase of a $7.6 million-dollar investment portfolio. The Maryland and Delaware properties were a part of NAI Coastal’s confidential listing database and fulfilled...
blank

Latest modification of State of Emergency adds renter protection and extends application period for...

Gov.  John Carney on Thursday issued the 14th  modification to his State of Emergency declaration, providing additional protections for Delaware renters during the COVID-19 pandemic, and extending the application deadline for Delaware's Senior School Property Tax...