First Quarter 2015
Quarterly Newsletter
2015 marks the 50th Anniversary of Pettinaro! Since 1965, Pettinaro has drastically transformed from an initial garage-based construction business into a full-service real estate development and management company. The Pettinaro Companies now own and operate over 100 assets in Delaware, Pennsylvania, New Jersey, and Maryland.

Check out our newsletter for more about Pettinaro's exciting milestone, new tenant announcements, and current leasing opportunities!

Click here to view current information about our entire 4.5 million SF commercial portfolio of retail, office and industrial properties.

Sincerely,

Rob Stenta and Chris Lee
Pettinaro Management, LLC
Pettinaro Celebrates
50 Years
Pettinaro celebrated its 50th Anniversary with family, friends and employees on March 7th at Greenville Country Club.  Gregory Pettinaro, CEO, is seen here paying tribute to his father and Pettinaro founder, Verino Pettinaro. Verino's wife Midge is by his side, as well as their three daughters Tracy Pettinaro Crowley, Cindy Pettinaro Wilkinson and Vicki Pettinaro Martelli.  It was a beautiful evening filled with delicious food, dancing, casino games, and photobooth fun!

"We are very proud of my father, Verino. He has lived the American dream of how hard work can bring you success. We continue today in his 'never give up' attitude," said Gregory Pettinaro.

Happy 50th Anniversary!
NEW TENANT ANNOUNCEMENTS

Diamond Materials Leases Space at Tower Office Park
Diamond Materials, LLC has signed a lease for space at Tower Office Park in Newport, DE.

Diamond Materials is a full service and well-equipped contractor that specializes in airports, highways, asphalt production, paving, concrete flatwork, demolition, utility installation, and site construction. 

"Due to the significant growth at Diamond Materials, LLC over recent years, we out grew our current office facilities. Tower Office Park in Newport fit our immediate office needs quite well in layout, available space, and location. We are all looking forward to moving to this new location," said Richard Pierson Jr, President and owner of Diamond Materials, LLC.

Tower Office Park (VIEW FLYER) is 113,651 SF of office space in four buildings with on-site property management and competitive full service rental rates. Conveniently located off of Route 141, there are suites available up to 3,500 SF. 

Leasing Representative:
Rob Stenta,  [email protected] 
Leasing Activity is Picking Up at Larchmont Centre!

The latest painting party craze will be coming to Larchmont Centre in Mount Laurel, NJ. Painting with a Twist is a fun, new franchise that is popping up all over the country. The corporate websites states that it is a "concept that pairs instructional art with friends, wine and a lively instructor to produce individual works of art."

 

Beatrix, who signed the lease for space at Larchmont at the beginning of this year, said "I saw the space for my business last year, I like it because it is very convenient and close to major highwaysI also saw that there is a variety of businesses in the location that caters to different people...from framing to a chiropractor, restaurants to a karate studio and a dance studio for kids."


Also coming soon to Larchmont is Farmers Insurance Group. 


Vacant spaces are filling up quickly, so don't miss your chance to join this amazing center! Larchmont Centre (VIEW FLYER) is a 103,787 SF ShopRite anchored shopping center. It visible to 50,000 cars daily, and is across from Larchmont Medical Center at the intersection of Route 38 and Ark Road. Suites are available from 1,600 to 2,910 SF.

 

Leasing Representative:
Chris Lee, CCIM,  [email protected]
 Middletown Square Shopping Center Welcomes Enterprise Rent-A-Car & Evolution Karate

Pettinaro welcomes Evolution Karate Academy, Inc. at Middletown Square Shopping Center in Middletown, DE.

 

"It was a pleasure working with the people of Middletown Square and Pettinaro. They made everything easy and handled everything in a timely and professional manner," said Joe Kaluzny, President of Evolution Karate.

 

Joining our portfolio at a second location, Enterprise Rent-A-Car is also a new tenant of the center after recently signing at lease at Blue Hen

Corporate  Center.  Enterprise Rent-A-Car is an internationally recognized brand with 6,500  neighborhood and airport locations around the world.

 

Middletown Square Shopping Center (VIEW FLYER) is a 215, 292 SF community shopping center with upper level office space and build to suit pad site opportunities. Retail suites are available from 892 SF up to 28,415 SF. Available second floor office suites range from 516 SF to 3,510 SF. Two build to suit pad site opportunities remain from 3,300 SF to 5,700 SF.

 
Leasing Representative:
Chris Lee, CCIM,  [email protected] 
FEATURED AVAILABILITIES
Click Photo to View Flyer!

Middletown Square Shopping Center

Middletown, Delaware

215,292 SF Community Shopping Center 

  • Retail suites available from 516 to 28,415 SF
  • Upper level office space available from 517 to 3,510 SF
  • Located in the growing Middletown market
  • Anchor tenants Dollar Tree, Goodwill and Mid-County Lanes

Churchman's Corporate Center

New Castle, Delaware

249,157 SF Single-Story Office Building

  • Space available from 39,573 to 97,329 SF
  • South of the New Castle County Airport on the corner of Route 273 and Churchmans Rd
  • High parking ratio, ideal for call center operation

Community Plaza

New Castle, Delaware

88,524 SF Community Shopping Center

  • Suites available from 1,000 to 7,392 SF
  • Visible to 30,000 cars a day located at Appleby Road and Route 273
  • Anchor tenants include Walgreens, Deal$, M & T Bank, and Concord Pet

Middletown Square

Business Park

Middletown, Delaware

67,799 SF Four-Story Class 'A' Office Building

  • Suites available from 1,249 to 17,295 SF
  • Located on Broad Street across the street from the Middletown Square Shopping Center
  • 67,790 build to suit opportunity available
Office & Industrial Inquiries:
Rob Stenta
302-528-9182
Office & Industrial Listings
Retail Leasing Inquiries:
Chris Lee, CCIM
302-559-7973
Retail Listings
Quick Links
PettinaroResidential.com
LED CONVERSION PROJECT
Pettinaro Construction Co., Inc. applied for and was awarded grants through the Delaware Energy Efficiency Investment Fund in order to convert lighting at several Pettinaro properties to energy efficient and eco-friendly LED lighting.  The nearly $250,000 grant will help provide better light quality, decrease operating expenses, and drastically lower electric usage and maintenance expenses.

The completed project is projected to have the following annual impact:

ENERGY SAVINGS=
1,767,823.68 kWh/Yr

 CO 2 EMISSIONS REDUCTIONS=
1,094.91 metric tons
EMPLOYEE SPOTLIGHT
Welcome Sherry O'Rourke!
Sherry is the new Regional Property Manager for the North Portfolio - which includes New Jersey, Pennsylvania and parts of Delaware. Sherry has replaced Steve Smith  in the position who has moved into a different role within Pettinaro Management, LLC.
AVAILABLE FOR LEASE

The Shipyard Center
 Wilmington, DE
2,038 to 16,644 SF Available for Lease,
Retail & Office Spaces
Fox Run Shopping Center
 Bear, DE
1,422 to 10,500 SF Available for Lease,
Star Building
 Wilmington, DE
1,927 to 3,239 SF Available for Lease,
Currently  95%  Leased!
Larchmont Centre
 Mount Laurel, NJ
1,600 to 4,910 SF Available for Lease
Easton Warehouse & Manufacturing
 Easton, MD
12,974 to 228,889 SF Available for Lease
The Shoppes at Foxmoor
 Robbinsville, NJ
1,125 to 48,952 SF Available for Lease,
5,000 SF Pad Site
The Best Choice in Apartment Homes and Extended Stay Corporate Rentals
 With over 10 locations to choose from in Newark, Wilmington, Greenville, Bear, and Dover, we offer the highest quality apartment home in the best locations!

Find your new home today! Visit:
234 North James Street
Newport, DE 19804

302-999-0708