PATTERSON-WOODS NEWS &
RECENT TRANSACTIONS
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Downtown Business District Welcomes Dunkin'
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The City of Wilmington recently celebrated the grand opening of a new Dunkin' location at
701 N Market Street in Wilmington, DE. Patterson-Woods associate
Will Minster represented the landlord in the lease of this 2,232 sq. ft. retail space. The Dunkin' owners, Bhupan and Fulgani Patel, commemorated the opening during a ribbon cutting ceremony with Mayor Mike Purzcycki.
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Patterson-Woods Leases Former Soffritto Restaurant; New Concept
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Patterson-Woods Principal
Joseph Latina
and
Mary Ann Heesters
represented both the tenant, Captain Crab and Seafood, and the landlord, Exponential Growth Real Estate, LLC, in the lease of 7,344 SF restaurant space at 1130 Kirkwood Highway. The restaurant, opening midsummer, will feature seafood offerings served by robots. "We believe Captain Crab and Seafood will bring a new product to this area and will be well-received by the community," said Latina.
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Duncan Patterson Joins Malvern Bank, N.A., Advisory Board for Mainline, Paoli, PA.
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Patterson-Woods President,
Duncan Patterson, CCIM, has joined the advisory board at Malvern Bank, N.A. for Mainline, Paoli, PA. The board is comprised of local leaders in business including attorneys, accountants business entrepreneurs. The board will work to enhance Malvern's visibility in the community as a premier Pennsylvania banking company.
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Joe Latina Receives 2019 Five Star Real Estate Designation
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Greg Ellis' Land Sale Top Transaction in MAREJ Best of 2018
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Joseph Latina
has been named a 2018 Five Star Real Estate agent award winner for 2019. Five Star Professional conducts market research to define and promote excellence in several professional industries. The designation is named to those that provide exceptional service to their clients.
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Greg Ellis, CCIM, had a transaction featured in MidAtlantic Real Estate Journal's "Best of 2018" issue. Ellis represented the seller, Everfast, Inc., in the sale of a 22.51 AC parcel of land at
203 Gale Lane in Kennett Square, PA.
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Patterson-Woods Represents Seller in Sale of 31,190 Sq. Ft. Building
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Chris Moore, CCIM, and
Marvin Sachs represented the seller, Orthodox Adas Kodesch Shel Emeth Congregation, Inc., in the sale of a 31,190 sq. ft. building at
4412 Washington Boulevard in Wilmington, Delaware to New Mount Olive Baptist Church for $1.7 million. Built in 1962, with an expansion in 1973, this well-built structure offers a 3-story educational and administrative wing and small chapel with a library as well as a main sanctuary with an alter that spans more than 220 feet. The building was designed by celebrated architect Percival Goodman.
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CORFAC International News
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CORFAC Celebrates 30th Anniversary
CORFAC International celebrates its 30th anniversary in 2019. Patterson-Woods has been a member of CORFAC since 2003 and is actively involved in the organization. Founded in 1989, CORFAC currently has 49 firms in the US, 5 in Canada, and 17 in international markets.
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Chris Moore, CCIM
, represented the landlord, Mako Blue, LLC, in the lease of a 4,200 sq. ft. office suite at
300 Martin Luther King Boulevard Jr.
in Wilmington, DE.
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Rich Dudek
represented the landlord, Dockside Properties, in the lease of a 3,180 sq. ft. office space at
3001 Philadelphia Pike
in Claymont, DE.
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Greg Ellis, CCIM
, represented the tenant, Christiana Institute of Advanced Surgery, P.A., in the renewal of a lease for a 2,405 sq. ft. office space at
3521 Silverside Road
in Wilmington, DE.
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Rich Dudek
represented the seller, George Kledaras, in the sale of a 2,080 sq. ft. office building at
230 Philadelphia Pike
in Wilmington, DE.
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Rich Dudek
and
Chris Moore, CCIM
, represented the landlord, SF III Vineyard Way, LLC, in the lease of a 1,830 sq. ft. office space at
500 Vineyard Way
in West Grove, PA.
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Rich Dudek
represented the landlord, Newark Development Group, LLC, in the lease of a 1,250 sq, ft. office space at
288 E Main Street
in Newark, DE.
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Rich Dudek
and
Chris Moore, CCIM
, represented the seller, Dr. Nestor Ang, in the sale of a 1,008 sq. ft. office condo at
2006 Limestone Road
in Wilmington, DE.
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Rich Dudek
represented the landlord, Prestige Property, Inc., in the lease of a 7,000 sq. ft. retail space at
1230 Pulaski Highway
in Bear, DE.
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Gary Lowe
represented the landlord, Library Plaza Partnership, in the leases of a 3,446 sq. ft. and 850 sq. ft. retail spaces at Library Plaza Shopping Center at
5998A Kirkwood Highway
in Wilmington, DE.
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Brent du Pont
and
Chris Moore, CCIM
, represented the seller, Tatnall Partners, LLC, in the sale of a 2,958 sq. ft. retail building at
845 N Tatnall Street
in Wilmington, DE.
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Tony Bariglio and
Vincent White represented the landlord, Murphy Road Shopping, LLC, and
Joe Latina and
Mary Ann Heesters represented the tenant, Famous Fairfax Tavern, Inc., in the lease of a 1,900 sq. ft. taproom at 1 Murphy Road in Wilmington, DE.
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Tom Ryan
represented the landlord, Zach Hoopes, in the lease of a 1,000 sq. ft. retail space at
2204 Grubb Road
in Wilmington, DE.
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Vincent White
represented the landlord, Residential Property, LLC, in the lease of a 1,000 sq. ft. retail space at
2001 N Market Street
in Wilmington, DE.
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Chris Moore, CCIM
, represented the buyer, Lancaster Ayre Series, in the purchase of a 1.40 AC retail land parcel at
520 Grobes Street
in Glenolden, PA.
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Rich Dudek
represented the buyer, H&R Patel, LLC, in the purchase of a retail space at
1176 Elkton Road
in Elkton, MD.
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Dan Lesher represented seller, International Literacy Association, in the sale of a 6.95 AC parcel at
924 Barksdale Road in Newark, DE. The site was approved for an Assisted Living Facility with Memory Care.
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Chris Moore, CCIM
, represented the seller, Bangalore T. Lakshman, Trust, in the sale of a 5 AC parcel at
209 Tea Party Trail
in Dover, DE.
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Rich Dudek
represented the landlord, Newark Development Group, LLC, in the lease of a 6,000 sq. ft. space at
280 E Main Street
in Newark, DE.
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Tom Ryan
represented the seller, Gakis Properties, LLC, and Vincent White represented the buyer, MazzPac, LLC, in the sale and purchase of a 4,900 sq. ft building at
1508 & 1512 N Heald Street
in Wilmington, DE.
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Chris Moore
represented the buyer, Wasatch Holdings, LLC, in the purchase of a 4,638 sq. ft. mixed-use building at
503 S Maryland Avenue
in Wilmington, DE.
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Vincent White
represented the landlord, Murphy Road Shopping, LLC, in the lease of a 794 sq. ft. specialty space at
1 Murphy Road, Unit B
, in Wilmington, DE.
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Will Minster
and
Chris Moore, CCIM
, represented the buyer, Kwang Lee, LLC, in the purchase of a 10,000 sq. ft. retail investment building at
55 South West Boulevard
in Quakertown, PA.
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Rich Dudek represented the tenant, I & I Hair, in the lease of a 10,000 sq. ft. industrial space at
34 Blevins Drive in New Castle, DE.
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