PATTERSON-WOODS NEWS &
RECENT TRANSACTIONS
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Waffle House Coming to Newark/Bear Area
Rich Dudek represented the seller, Maggie Group, Inc., in the sale negotiations of a 2,000 sq. ft. building at 1450 Pulaski Highway in Newark, Delaware to Waffle House, Inc. Waffle House plans to do a ground up development and open to the public by the end of 2020. This will be their fourth Delaware location with others in Middletown, Smyrna, and Dover.
Two Stones Pub Opens in Newark
Patterson-Woods Principal, Joe Latina, and associate, Mary Ann Heesters, represented the buyer, 2SP, LLC, in the completion of a business and real estate purchase at 1203 Christiana Road in Newark, DE. The buyer owns and operates Two Stones Pub restaurants in both DE and PA. Latina & Heesters have been the exclusive brokers for Two Stones Pub owners since 2011.
One Avenue of the Arts Under Contract with Farmers of Salem
Farmers of Salem Mutual Insurance Company is under contract to purchase Joseph Latina's office listing at One Avenue of the Arts in Wilmington, DE. This will bring 52 employees to Delaware and will provide them with the space to hire more employees. The building sits in the heart of Wilmington's Riverfront and is a short distance to the Wilmington Amtrak station.
CORFAC Voted #16 on the Lipsey 2020 Top 25 Commercial Real Estate Brand Survey
CORFAC International has once again made Lipsey's Top 25 Commercial Real Estate Brand Survey, a survey known as the industry standard for commercial real estate brand recognition. Lipsey, a training and consulting firm specializing in the commercial real estate industry, conducts the survey annually. Over 1.7 million votes have been casted since the start of the survey, which is celebrating its 19th year.
RECENT TRANSACTIONS
INDUSTRIAL - WAREHOUSE - FLEX
Tony Bariglio represented both the seller, 4701 N Market, LLC, and the buyer, Windrush Land Company, LLC, in the sale and purchase of a 40,000 sq. ft. building at 4601 N Market Street in Wilmington, DE. The building will be converted into a self-storage facility.
Rich Dudek represented the seller, Four Ds, LLC, in the sale of a 26,000 sq. ft. warehouse at 31 Germay Drive in Wilmington, DE.
Chris Moore, CCIM, represented the seller and Rich Dudek represented the buyer in the sale and purchase of a 5-bay auto repair facility at 3601 Miller Road in Wilmington, DE.
Tyler Foresta represented the tenant, Sharp Energy, Inc., in the lease of a 2,925 sq. ft. warehouse at 250 Corporate Boulevard in Newark, DE.
Rich Dudek represented the landlord, NuCar Connection, Inc., in the lease of two warehouse spaces - 2,450 sq. ft. (Suites 26-27) and 1,225 sq. ft. (Suite 31) - at 186 N DuPont Highway in New Castle, DE.



OFFICE
Greg Ellis, CCIM, represented the tenant, DecisivEdge, LLC, in the lease renewal of a 6,789 sq. ft. office space at 131 Continental Drive in Newark, DE.
Greg Ellis, CCIM, represented the landlord, 5301 Properties, LLC, in the lease of the two remaining office suites (223 & 225) at 5301 Limestone Road in Wilmington, DE.
Greg Ellis, CCIM, and Don Muller represented the seller, Layton Landings, LLC, in the sale of an 1,800 sq. ft. office condo at 411 Larch Circle in Newport, DE.
Tony Bariglio represented both the landlord, 912 N Union, LLC, and the tenant, First State Nutrition, LLC, in the lease renewal of a 1,480 sq. ft. office at 910-912 N Union Street in Wilmington, DE.
Tony Bariglio represented both the landlord, 31-32 Trolley, LLC, and the tenant, Barry Godfrey, in the lease renewal of an office space at 31C Trolley Square in Wilmington, DE.
McLane Hendriks represented the tenants, Dr. Sherry Wenger and Dr. Patricia Miripol, in the lease of an 832 sq. ft. medical office space at 4420 Limestone Road in Wilmington, DE.




RETAIL
Greg Ellis, CCIM, and Michael Willey represented the tenant, Simon Eye Management, in the lease of a 2,876 sq. ft. office space at 19266 Coastal Highway in Rehoboth Beach, DE.
Tony Bariglio represented both the landlord, 811 Trolley LLC, and the tenant, Opa Opa, LLC, in the lease renewal of a 1,000 sq. ft. ground level retail space at 8A Trolley Square in Wilmington, DE.
Tony Bariglio represented both the landlord, 811 Trolley, LLC, and the tenant, Delaware Local Food Exchange, LLC, in the lease renewal of a 1,000 sq. ft. retail space at 11A Trolley Square in Wilmington, DE.
Brent du Pont represented the landlord, 3209 Miller Road, LLC, in the lease of a 900 sq. ft. retail space at 3209 Miller Road, Suite I, in Wilmington, DE.
MIXED- USE
MULTIFAMILY
Tyler Foresta and Joseph Latina represented both the seller, PIA Properties, Inc., and the buyer, Phyong-Tram Vuong, in the sale and purchase of a 1,900 sq. ft. mixed-use investment building at 182 Christiana Road in New Castle, DE.
Chris Moore, CCIM, represented the seller, Jackson Property Management, LLC, in the sale of a 7-unit apartment building at 1305 Pennsylvania Avenue in the Trolley Square area of Wilmington DE.
BUSINESS
Rich Dudek represented the seller and Tyler Foresta represented the buyer in the sale and purchase of a restaurant business known as The Chicken House located at 422-424 E Main Street in Middletown, DE.
McLane Hendriks represented the seller and Joseph Latina represented the buyer in the sale and purchase of the salon business known as J Christian Studio located at 7465 Lancaster Pike in Hockessin, DE.