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Monday, January 11, 2021
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Unit of Christiana Mall ownership group gets offer to go private from corporate affiliate

Brookfield Asset Management Inc. and institutional partners announced a proposal by Brookfield Property Partners L.P. to acquire all of the limited partnership units  that it does not already own for  $5.9 billion. Brookfield entities own...
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Personnel file: CBRE, Del-One, Trellist, Bayhealth, Resort Realty, Berkshire Fox & Roach

Rattay named Senior VP at CBRE CBRE announced  that Dan Rattay was named Senior Vice President. Rattay specializes in the selling and leasing of industrial and logistics properties in Delaware, Maryland and Pennsylvania. “A lack of...
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Trending: Federal suit alleges Sparrow Run landlord jacked up rents for tenants...

The  United States government has filed a civil suit against Goodfish Enterprises, LLC and its principal, Christopher Lukacs, for allegedly inflating rents for tenants using Section 8 vouchers. The action was filed in U.S. District...
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Dolle’s moving to nearby Rehoboth boardwalk location with iconic sign to come...

The landmark Dolle's Candyland will move to another boardwalk location in Rehoboth Beach, with the iconic sign slated to come down, the Cape Gazette reported. Dolle's will move a short distance to the west to...
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Food Lion prepares for next phase of grocery war

Good afternoon, Food Lion is preparing for the next phase of the grocery wars. Times have been good for supermarkets, despite higher costs related to Covid-19, but competition will stiffen over the long term. The  North Carolina...
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Another imposing building on Newark’s Main Street

Good afternoon, Plans for a massive building on Newark's Main Street created a stir among residents this week but managed to get approval from the city Planning Commission. Earlier, the city planning staff gave its OK. The...
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Pettinaro’s trophy Riverfront building on the selling block

(Photo courtesy of Pettinaro) Delaware's most distinctive office building is for sale. Greg Pettinaro recently confirmed that Christina Crescent on the Wilmington Riverfront is now available.  The building, constructed in 2007,  houses Delaware operations of banking giant...
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NKF report: Northern Delaware office leasing market fares better than other areas...

According to a report from the commercial real estate firm Newmark Knight Frank, office leasing activity in the Wilmington-area market remained limited in the third quarter due to the coronavirus pandemic. NKF has an office...
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BPG marks topping off of Marlette building and leasing success at The Concord

(Photos from BPG) The Buccini/Pollin Group, Inc. (BPG), and BPGS Construction, announced the topping out of a new three-story, 60,000 square foot built-to-suit Class A office space for the financial technology company, Marlette Funding LLC....
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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,...