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Thursday, December 5, 2019

Former duPont beach getaway on the market for $11 million

A Dewey Beach oceanfront compound with duPont family ties remains on the sales market. Known as Sandaway, the property is being listed at just under $11 million by Ocean Atlantic  Sotheby's International Realty. The property consists...

Program lights up the west side of Wilmington in quality of life, crime-fighting effort

West Side Grows Together and the HELP Initiative have partnered to launch Lights On, Wilmington Strong, a pilot program to increase residential security and public safety in the city. As part of the program, 25...

November’s stories focused on Prices Corner area

Many of Delaware Business Now's most-read stories in November came out of the Prices Corner area. Ranking first was news that a restaurant and bank are planned for the former Sears Auto Center in the...

Going up – The trend toward high-rise logistics centers

Hello everyone, It may have come as a surprise when it was learned that Nevada-based developer Dermody submitted plans for a five-story logistics center at the General Motors Boxwood site. Dermody and locally-based Harvey, Hanna and...

Purzycki said Wilmington did the right thing in paying off troubled housing partnership’s loan

Mayor Mike Purzycki said an audit performance review of the Wilmington Housing Partnership (WHP) has cleared the way for work to resume on the affordable housing project in the city’s northeast section. The Walt’s Way...

Coldwell Banker broker opens office in Ocean View

Coldwell Banker Residential Brokerage in the Mid-Atlantic Region announced  that the company has opened a new office at 89 Atlantic Avenue in Ocean View in October. The Coastal Delaware office brings together approximately 40 affiliated...

Trending: Capital One buildings near train station up for sale

Up for sale are two former INGDirect, Capital One buildings near the Biden Wilmington Train Station. One South Orange is the former Pennsylvania Railroad building, designed by Frank Furness, who also served as architect for...

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...

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...

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...