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Thursday, February 22, 2018

Newmark Knight Frank report shows weaker office market in 4th quarter

Newmark Knight Frank (NKF)  reported weaker fourth quarter conditions in the  northern Delaware office market.  The  Greater Wilmington office market posted a second consecutive quarter of negative absorption (46,300 square feet) and recorded only 2,361...

Staton Team joins Keller Williams Realty southern Delaware operation

Keller Williams Realty Inc. announced  that the Andy Staton Real Estate Team has joined Keller Williams Realty.  In 2017,  Staton Real Estate closed 78 transactions totaling $28 million in volume.  “The Keller Williams Realty client...

Northern Delaware office vacancy rate declines in 2017

 Northern Delaware saw an increase in office space occupancy in 2017, according to the fourth quarter report from commercial broker CBRE. The growth was aided by downtown Wilmington as companies leased space in sectors such...

Portion of SPCA site in Stanton to become Royal Farms under lease deal

The Delaware SPCA has announced  a development plan for its site in Stanton. Financing from Applied Bank will enable the shelter to provide the infrastructure necessary to lease out the road-facing portion of  a nearly...

University Office Plaza announces leases

University Office  Plaza owners announced  that leases were signed in a program done in cooperation with Shebourne University.  Blue Collar Technologies, D&J Technologies, and Hong Teng all signed new leases  at the office park south...

Chemours breaks ground on $150 million Discovery Hub on UD STAR Campus

The Chemours Company formally broke ground on the previously announced $150 million research site on the University of Delaware's Science, Technology and Advanced Research (STAR) Campus in Newark. The site will be known as the  Chemours...

Rehoboth home wins design honor

The Rehoboth House in Rehoboth Beach, designed by Scott Edmonston, AIA of SEA Studio Architects was honored with the award for Best Modern Architecture from the Delaware Today Home Design Contest. Winners were announced during a ceremony...

Redevelopment plans for GM site remain fluid

Redevelopment plans for the former General Motors Boxwood assembly plant remain fluid. Thomas Hanna, president of  Harvey Hanna & Associates   said nearly 100 configurations for the  3.2 million square foot site have been developed. Options...

Meeting to offer glimpse into redevelopment plans for former GM Boxwood site

The Department of Natural Resources and Environmental Control will hold a public meeting Thursday  to discuss proposed redevelopment plans for the former GM Wilmington assembly plant site at 801 Boxwood Road. The meeting will begin...

Facebook to temporarily block advertisers from excluding audiences by race (ProPublica)

Facebook said it would temporarily stop advertisers from being able to exclude viewers by race while it studies the use of its ad targeting system. “Until we can better ensure that our tools will not...
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