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News
New tenant signs lease at former Avelo base in Wilmington | Exclusive
1+ mon, 3+ week ago (81+ words) Cape Fear Community College will sublease the building formerly occupied by Avelo Airlines at Wilmington International Airport. The college plans to use the facility for an aviation maintenance... New tenant takes over former Avelo building in Wilmington | Exclusive (This story…...
Mars Moves US HQ From Newark to Chicago, Vacates 110,000 SF
1+ mon, 3+ week ago (467+ words) This story was originally published on CRE Daily. Join 70,000+ commercial real estate professionals getting daily news, market insights, and industry analysis delivered straight to their inbox with the free CRE Daily newsletter. Mars is leaving its Newark, NJ headquarters for…...
Logistics of the 19804 Zip Code: Why Wilmington Businesses Are Reassessing Office Relocation Strategies
3+ mon, 2+ week ago (503+ words) Over the past few years, a quiet but meaningful shift has been taking place in northern Delaware. Businesses of all sizes are taking a closer look at the 19804 zip code and reconsidering what it means to operate in or relocate…...
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…...
$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…...
From the archives: Wilmington shopping center loses anchor store
4+ mon, 3+ week ago (233+ words) Partying at The Mad Monk, which had its final years at Marketplace Mall. In the 1990s, catalog showrooms were seeing increased competition from a range of stores. That competition became too much for one North Carolina-based company. According to an article…...
Downtown Wilmington building is changing its iconic rooftop sign
5+ mon, 2+ week ago (178+ words) The "Citi" sign has been removed from the top of the 1000 N. West building in downtown Wilmington. A new sign for the agricultural company Corteva, a DuPont spin-off, will soon replace the Citi sign. Downtown Wilmington building is changing its iconic…...
Anago Cleaning Systems Revitalizes Newark Territory Under Local Leadership of Eric Feinstein
6+ mon, 1+ week ago (1276+ words) Customer-first leadership expanded franchise support, and community engagement position Anago of Greater Newark for renewed growth and trust Feinstein stepped into the Newark market at a time when clients were seeking strong communication and a more visible service presence. While…...
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…...
Former Delaware Park office will transform into nearly 200 apartments
7+ mon, 2+ day ago (91+ words) The development calls for 179 apartments across six buildings, a clubhouse and retail space just off Kirkwood Highway. Former Delaware Park office will transform into nearly 200 apartments A developer is transforming the location of a former Delaware Park office building into…...