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Tuesday, October 13, 2020
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Working from home and the office vacancy rate

Good afternoon, To no one's surprise, office vacancy rates are on the rise. Colliers, a commercial real estate firm with an office in Wilmington, reported a 14 percent third-quarter vacancy rate in New Castle County. CBRE,...
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Podcast: Redevelopment in Delaware and Harvey Hanna’s vision for Newport

Two senior leaders from Harvey, Hanna & Associates - a  commercial and industrial real estate development company based in Newport  - speak with Troy Mix, associate director at the University of Delaware's Institute for...
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83,000 square foot industrial building in Seaford sold

NAI Coastal, Salisbury and Gillis Gilkerson Principal Brad Gillis recently collaborated with Senior Advisor Tom Knopp of SVN Miller Commercial Real Estate to sell 200 Allen Street, an 83,000 square foot industrial building situated...
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Home selling inventory drops sharply in Delaware

Delaware homes sold quickly in Kent and New Castle counties as the inventory dropped sharply,  according to the August report from  Berkshire Hathaway Home Service Fox & Roach. Total properties sold in Kent and New...
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Delaware’s red hot housing market

By Eileen Dallabrida Covid-19 has turned the world upside down, keeping people out of offices, public places and schools and forcing families to spend more time than ever at home. The pandemic is fueling a boom...
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Becker Morgan moves Newark office to UD’s STAR campus

Becker Morgan Group’s Newark office has moved to larger space  at the University of Delaware’s STAR Campus Tower. The University of Delaware’s Science, Technology, and Advanced Research Campus, STAR Campus, combines academics and research with...
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Trending: County Exec hails court ruling on restrictions at former 3 ...

A decision of the Delaware Superior Court ruling rejected Pike Creek Recreational Services’ (PCRS) interpretation of New Castle County's  Unified Development Code and deed restrictions on the number of housing units allowed on the...
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CBRE announces 8 leases at PNC Bank Center in Wilmington

CBRE  announced eight lease transactions in excess of 80,000 sq. ft. of new, expanded and renewed office leases at the PNC Bank Center located at 222 Delaware Avenue in Wilmington. The new tenants at the...
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Lidl confirms Bear store opening by the end of 2021

Lidl US announced plans today to open 50 new stores by the end of 2021. The only Delaware store on the list is a location on Route 40 at the site of the former...
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Northern Delware office market shows strength despite Covid-19 headwinds

Northern Delaware had a surprisingly strong second quarter, according to a report from  Newmark Knight Frank. Overall market activity slowed substantially during the second quarter due to circumstances caused by the global Covid-19 pandemic; however,...