Category: Commercial Real Estate

McConnell Johnson Real Estate and WiredScore, which measures internet connectivity in office buildings, on Tuesday announced the first certified properties in the state of Delaware. Gov. John Carney, Wilmington Mayor Mike Purzyckiand New Castle County Executive Matthew Meyer joined Scott Johnson, McConnell Johnson Real Estate partner, for the announcement. Two office towers in Wilmington’s downtown…

Former GM workers buy bricks from Boxwood Road plant demolition

By Jon Hurdle The humble brick won’t be much to look at but for Mark Watkins, but it’s a poignant reminder of the place where his brother, father, great-uncle and himself all spent a good part of their working lives. Watkins, who worked for 32 years at the old General Motors plant at Boxwood Road…

Solenis, a global producer of specialty chemicals, has announced that it’s signed a long-term agreement with Brandywine Investment Group II, LLC, an affiliate of Delle Donne & Associates, Inc, to lease a 90,000-square-foot office space in the new Avenue North complex in Wilmington. The new space will serve as the company’s global headquarters, replacing its…

The 161,000 square-foot 76ers Fieldhouse in Wilmington held its opening night game last night. The Delaware Blue Coats, the NBA G League affiliate of the Philadelphia 76ers, narrowly lost to the Memphis Hustle, 110-106. “I hope that we [continue to] get the same kind of energy and enthusiasm that we did tonight,” said head coach Connor…

(AP) — The Brandywine Zoo in Wilmington is closed through the end of February for construction and improvement projects. The Department of Natural Resources and Environmental Control’s Division of Parks and Recreation announced the temporary closure Friday. The zoo’s education building will remain open to host upcoming programs scheduled throughout January and February. Officials say…

Brad Riedle, a Realtor with Keller Williams Realty, has been installed as the 2019 president of the 4,000-member Delaware Association of Realtors (DAR). The event took place January 11 at Victoria’s Restaurant at the Boardwalk Plaza Hotel in Rehoboth Beach, Delaware, and included the installation of the organization’s 2019 officers and directors. As president, Riedle…

Wilmington’s building boom set to continue in 2019

By Christine Facciolo Special to Delaware Business Times Business leaders, economists and development drivers are bullish about the future of Delaware’s largest city — though many anticipate speed bumps along the way. “I would say that after 20 years of investing and over $1 billion in the city, we’ve never felt like we’ve had the…

(AP) — Delaware authorities say a demolition company leader died while supervising work at an old automobile plant. Delaware State Police said Saturday the death occurred Friday afternoon at the former General Motors plant in Wilmington, which closed in 2009. Police say its initial investigation shows Atlantic Coast Dismantling was performing demolition work at the…

2019 trends in the innovation economy

By Dan Linehan Special to Delaware Business Times When you go to the doctor’s office for a checkup, test or procedure, you or your insurance company are probably billed for each service. It’s called the “fee for service” model, and it means the profitability of hospitals and clinics is tied to how many services they…