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Commercial real estate – Northern Delaware State of the Market

January 30 @ 7:30 am - 10:00 am

$109

Guest speakers at the Bisnow event include Wilmington Mayor Mike Purzycki and Robert Buccini of Buccini/Pollin Group.

Topics

  1. With Bank of America moving out of Bracebridge I & III office vacancy rates have gone from 16.1% to 23%. What tenants would be able to take such a large amount of office space?
  2. Hundreds of affordable and market-rate housing units, a food hall, and a new hotel have hit downtown Wilmington. Will this economic boom bring a younger demographic to the city?
  3. Similarly, to Philadelphia, Wilmington has a wage tax, as well as a headcount tax. With affordability being a big selling point for Wilmington, should the city look to re-do their tax code to help attract business?
  4. Newark has heated up in recent months with five properties being sold for over $100 million. What has caused outside money to be so bullish on Newark?
  5. Class-A office space is on average $6 cheaper per Sq. Ft. in Wilmington than Philadelphia. What besides price is helping to draw companies to Wilmington?

https://bit.ly/2ZSoKPe

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Details

Date:
January 30
Time:
7:30 am - 10:00 am
Cost:
$109
Website:
https://bit.ly/2ZSoKPe

Organizer

Bisnow

Venue

76ers Fieldhouse
Wilmington, DE United States + Google Map