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News
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…...
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…...
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…...
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…...