Good morning!
We've wrapped up our 50th anniversary year as we dive into 2016.
Six acquisitions took place in 2015, starting with Delancy Plaza in the first quarter and ending with Greenville Center in the fourth quarter.
Dozens of new tenants have joined the Pettinaro family after acquiring more than 330,000 SF in Greenville, Delaware alone.
Click
here to view current information about our entire 4.6 million SF commercial portfolio of retail, office and industrial properties.
Sincerely,
Rob Stenta & David M. Waterman
PETTINARO MANAGEMENT, LLC
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Planet Fitness Signs Lease at Middletown Square
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Planet Fitness will be joining the growing Middletown market at Middletown Square Shopping Center! The popular fitness chain, with more than 1,000 locations nationwide, has signed a lease for 19,100 SF. Raising the center's occupancy level 8.6%, the new tenant is an exciting addition. With an existing location at the Shipyard Center at the Wilmington Riverfront, this is the second Planet Fitness to join the Pettinaro portfolio. View Flyer
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Pettinaro Acquires Greenville Center
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Pettinaro acquired Greenville Center on November 17th. This was the fifth and final property acquired from Stoltz Management in 2015. With this single acquisition, we welcomed 40 new office and retail tenants to the portfolio. New tenants include Janssens Market, Pure Barre, Pizza By Elizabeth's, Wells Fargo, White House Black Market, and many more.
View Flyer
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| Brew HaHa! Expanding Greenville Location at Powder Mill Square |
Brew HaHa! is expanding its cafe at Powder Mill Square in Greenville, DE. Open since 1993 in the Mall Building, the coffee shop will be relocating to the Pond Building below the offices of Berkshire Hathaway, and increasing its footprint from 840 SF to more than 3,000 SF. The new cafe
will feature a diverse range of new coffee brewing methods, in addition to an expanded breakfast menu, weekend brunch, and a small plates menu, to be enjoyed with a selection of local beers, wine, and cocktails. Opening this year, the cafe will have both indoor and outdoor seating. View Flyer
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| Tenants Expanding at Blue Hen Corporate Center |
In 2015,  occupancy has risen at the Blue Hen Corporate Center with Bayhealth Medical Center, Inc. now occupying a total of 44,600 SF and the State of Delaware taking an additional 45,000 SF for the Department of Labor and the Department of Health & Social Services. The State of Delaware currently leases space for four additional state agencies at Blue Hen Corporate Center, bringing their presence to more than 82,000 SF. Pettinaro Residential is expanding next to the property, adding 192 residential units to its Village at Blue Hen apartment home community. View Flyer
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Pettinaro Proudly Supports the
Second Annual Riverfront Rink
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The Horizon Riverfront Rink is back for its second annual skating season at the Wilmington Riverfront. Pettinaro is a proud sponsor of the 2015-16' season. The rink opened to the public on November 27th and will remain open through February 28th. Last year, as many as 1,200 people visited the rink on a single day bringing families and business down to riverfront. Admission for adults is $8 and $5 for kids (12 and under). Skate rentals are just $3. CLICK HERE for Riverfront Rink hours.
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NOW LEASING!
Ridge Road
Town Center
Glen Mills, Pennsylvania
- Approved 190,000 Retail Development
- Retail space available from 1,200 to 58,000 SF
- Pad sites available from 5,000 to 9,000 SF
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Wilmington, Delaware
View Flyer
- Class 'A' Office Space: 1,937 to 23,966 SF
- Prominent Wilmington Riverfront location
- Restaurants, entertainment, hotel, & transportation are all within walking distance
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FOR LEASE: Eden Hill Farm
Dover, Delaware
View Flyer
- 170,000 SF Mixed-Use Development
- Office & retail available from 1,200 to 60,000 SF
- Located next to the Eden Hill Medical Center
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FOR SALE:
Industrial Land
at Cornell Business Park
Wilmington, Delaware
View Flyer
- 3 Approved Development Sites For Sale
- Up to 8.07 acres available
- 6% commission for buyer's agent
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OFFICE & INDUSTRIAL LEASING
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| RETAIL DEVELOPMENT LEASING |
David M. Waterman
302-504-1057
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David M. Waterman
Director of Retail Development
Brian McAnulla
Project Manager
Doug Cudworth
Maintenance Technician
Joe Eder
Maintenance Technician
Mary Brancati
Receptionist
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| FUTURE CHRISTINA RIVER BRIDGE |
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Construction of the Christina River Bridge is estimated to begin by late 2016.
CLICK HERE for more information & check out the video preview above.
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Construction of the 8,185 SF Fine Wine & Good Spirits liquor store has begun at the London Grove Village Shopping Center in Avondale, PA.
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Sports Clips has signed a lease at Eagle Plaza Shopping Center in Voorhees, NJ.
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Metro PCS has opened a location this past quarter at Community Plaza in New Castle, DE.
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The Alba Law Group P.A. has signed a lease for space at Tower Office Park in Newport, DE.
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Greenville, DE
633 - 2,604 SF
Available For Lease
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Wilmington, DE
Up to 12,253 SF
Available For Lease
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Bear, DE
1,422 - 8,000 SF
Available For Lease
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Bear, DE
1,500 - 9,750 SF
Available For Lease
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Elkton, MD
1,200 - 5,400 SF
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Middletown Square Business Park
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Middletown, DE
1,249 - 17,295 SF
Available For Lease
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The Best Choice in Apartment Homes & Extended Stay
Corporate Rentals
With over 10 locations to choose from in Newark, Wilmington, Greenville, Bear, and Dover, we offer the highest quality apartment homes in the best locations!
Find your new home today:
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234 N. James Street
Newport, DE 19804
(302) 999-0708
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