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News
Longaberger basket building in Newark is on the market for $8.5 million - AOL
3+ mon, 3+ week ago (290+ words) Newark’s favorite basket is for sale. A Shair Hess Commercial Real Estate listing shows the famous Longaberger basket building at 1500 E. Main St., is on the market for $8.5 million. Built in 1997, the structure is 180,000 square feet and is one of…...
Mitchell Homes opens showroom in Wilmington, extending N.C. footprint
3+ mon, 3+ week ago (734+ words) Jonathan Spiers May 22, 2026 0 After expanding nearly a decade ago to North Carolina, Richmond-area homebuilder Mitchell Homes is digging its heels further into the Tar Heel State while also making inroads farther south and into Southwest Virginia. The Midlothian-based builder has…...
Ellavoz Impact Capital Announces Construction Underway at Newark Commons
3+ mon, 3+ week ago (324+ words) NEWARK, N.J., May 20, 2026--(BUSINESS WIRE)--Ellavoz Impact Capital, LLC (EIC), a social impact investor and real estate developer focused on workforce and affordable housing, announced today that construction has officially commenced at Newark Commons, the adaptive reuse of the historic St....
Newark hotel lands local buyer in wake of foreclosure
4+ mon, 6+ day ago (406+ words) NEWARK — A Newark hotel that flopped into foreclosure last fall was bought by a local investor with experience in the hospitality sector. Ashok Goyal, a real estate investor based in Santa Clara, led a group that bought the 112-room Hyatt…...
$360M Deal Will Transform Former Anheuser-Busch Newark Property - AOL
4+ mon, 5+ day ago (270+ words) The former Anheuser-Busch brewery in Newark, home to the iconic sign that stood over the city skyline for generations, has officially sold for $360 million, according to an announcement from commercial real estate firm Newmark this week. The 86-acre property was…...
Newark DRI projects move slowly forward
4+ mon, 1+ week ago (205+ words) Big redevelopment plans in Newark are inching ahead, but patience is key, according to the Finger Lakes Times, as Mayor Jonathan Taylor says progress under the $10 million Downtown Revitalization Initiative takes time. The largest project, Coventry Commons, will turn a…...
A Wilmington real estate developer is buying up properties in Center City Philadelphia
5+ mon, 2+ week ago (841+ words) Delaware developer Capano Residential has purchased The Arch, an 111-apartment building near the original Comcast skyscraper. One of Delaware’s largest real estate developers, Wilmington-based Capano Residential, is buying buildings in Center City Philadelphia for the first time. The company’s latest…...
Affordable housing building coming to Wilmington's North Market Street
5+ mon, 3+ week ago (199+ words) A developer broke ground March 19 on an affordable apartment building with first-floor commercial space on North Market Street in Wilmington. A vacant lot at 2923 N. Market St. will be transformed into a three-story, 7,200-square-foot mixed-use building. The ground-floor commercial spaces have…...
Outpost adds Newark terminal and EV Realty sites to national network
5+ mon, 3+ week ago (691+ words) Trucking is estimated to move around 70% of U.S. freight each year. Unlike air cargo, rail and ocean shipping, which have dedicated places like airports, docks and railheads, trucking lacks scalable unified infrastructure. Outpost is betting $1 billion that it can change that....
Hulking Wilmington Office Slated For Resi Conversion Following Life Sciences Firm's Exit
6+ mon, 3+ week ago (511+ words) Wilmington officials and real estate players celebrated in spring 2024 when Incyte purchased 500K SF of the Bracebridge office complex that dominates the north side of the city’s downtown. The life sciences firm was working to renovate the property, but with construction…...