Patterson-Woods Newsletter
Spring 2018

PATTERSON-WOODS NEWS & RECENT TRANSACTIONS
Scroll Down to View Our Recent Transactions!
"It is once again a privilege and honor to work with owner/chef Michael Stiglitz and his team to continue to grow his quality brand. Michael’s creativeness, attention to detail and high-quality food and craft brews are the keys to Two Stones Pub’s continued success and sustainable growth,” said Latina.

Patterson-Woods Represents Two Stones Pub in Middletown Lease
Joseph Latina represented Middletown 2SP, LLC, dba Two Stones Pub, in the lease of their first Middletown, Delaware location at 840 Kohl Avenue in Hedgelawn Plaza. The lease includes 4,766 sq. ft. of retail space with an additional outdoor patio space of 648 sq. ft. This will be the company's sixth store since their flagship location in Newark in 2011. Two Stones Pub had identified Middletown, Delaware as a strong growth market for their brand and has been actively looking for the best location available to serve the growing population. They feel that the strategically located Hedgelawn Plaza, with its high visibility, easy access off of the new Route 301 Bypass Road and centralized location amongst the flourishing... read more
See Delaware Business Times' feature "5 Questions" with Patterson-Woods President, Duncan Patterson, CCIM
In addition to his career in commercial real estate, Duncan is one of the longest-serving horse racing commissioners in the country.
CORFAC Spring Summit
Patterson-Woods Principals Joseph Latina and Greg Ellis, CCIM, attended the CORFAC International Spring Summit in Austin, Texas Feb 28-Mar 3. The conference is held bianually by CORFAC International and consists of member networking opportunities, CRE panels, and distinguised speakers. This summit's keynotes featured Austin-based Tito's Vodka founder, Bert "Tito" Beveridge, and real estate economist, Dr. Mark Dotzour. Over one hundred domestic and international CORFAC members, panelists, and sponsors attended.
Patterson-Woods' Joe Latina with Tito's Vodka founder & owner, Bert "Tito" Beveridge , following an Bert's keynote at the CORFAC International Spring Conference in Austin, TX.
Recent Transactions
OFFICE
Vincent White represented the seller, McLaughlin & Morton Holding, Co., in the sale of a 4,800 sq. ft. office building at 1203 N Orange Street in Wilmington, DE.
Rich Dudek represented the landlord, Dockside Properties, LLC, in the lease of a 2,150 sq. ft. office space at 3003 Philadelphia Pike in Claymont, DE.
Greg Ellis, CCIM, represented the landlord, Hardin & Associates, Inc., in the lease renewal of a 1,297 sq. ft. office space at 1300 Grant Avenue in Wilmington, DE.
Michael Willey and McLane Hendriks represented the sellers, Ronald & Diane Pogach, in the sale of an 1,100 sq. ft. office condo at Kirkwood Milltown Professional Plaza in Wilmington, DE.
LAND
Duncan Patterson, CCIM, represented the seller, Howard E. Davis, in the sale of a 176 AC parcel at 1027 Alley Mill Road in Smyrna, DE.
Michael Willey and Greg Ellis, CCIM , represented the sellers, Wayne & Maralyn Webb, in the sale of a 3.99 AC parcel at Tome Highway and Harrisville Road in Rising Sun, MD.
MULTIFAMILY
Chris Moore, CCIM , represented the seller, MHU, in the sale of an 11,945 sq. ft. multifamily property at 400-430 N West Street in Wilmington, DE.
Chris Moore, CCIM , represented the seller, Lancaster Ayre Series, in the sale of a 5,589 sq. ft. multifamily building at 301 Ayre Street in Newport, DE. Rich Dudek represented the buyer.
Chris Moore, CCIM , represented the seller in the sale of a 1,375 sq. ft. multifamily building at 20 Corbin Court in Wilmington, DE.
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