Rich Dudek represented the seller, 1225-600 King Street, LLC, in the sale of a 2,200 SF office condo at 1225 N King Street, Suite 6, in Wilmington, DE.
Vincent M. White represented the tenant, a State Farm agent, in the lease of a 1,340 sq. ft. office space at 2504 Red Lion Road in Bear, DE.
Dan Lesher represented the landlord, West Park Place Offices, LLC, in the lease of a 473 sq. ft. and a 949 sq. ft. office space at 226 W Park Place in Newark, DE.
Greg Ellis, CCIM, represented the landlord, Greenhill 100, LLC, in the lease renewal of a 1,160 sq. ft. flex space at 100D Greenhill Ave in Wilmington, DE.
Marvin Sachs and Joe Latina represented both the landlord and the tenant in the lease of a 2,384 sq. ft. restaurant at 3145-3147 DuPont Parkway in Townsend, DE.
Rich Dudek represented the landlord, Newark Development Group, in the lease of a 1,000 sq. ft. retail space at 276 E Main Street in Newark, DE.
Vincent M. White represented the landlord, St. Matthew's Church, and the tenant, Sports Academy, in the lease of a 13,000 sq. ft. gymnasium space at 807 E. Newport Pike in Wilmington, DE.
Wilmington, DE (September 28, 2017) – Patterson-Woods Commercial Properties/CORFAC International Principals Joseph Latina and Greg Ellis, CCIM, recently attended the CORFAC International 2017 Fall Summit in Denver, Colorado. The conference too place from September 13-16 and was host to over one hundred domestic and international members, panelists, and sponsors.
The conference is held bi-annually by CORFAC International and consists of member networking opportunities and hot topic panels, with this year's featuring a tech lab, social media strategies, and the marijuana industry. Members also got a glimpse of Denver attractions during outings to the Coors Brewery, the Denver Botanical Gardens, and the Denver Art Museum.
During the conference, Latina, a current CORFAC Executive Committee member, was elected as an officer for 2018 and will be serving as Secretary. This election puts him on track to become President of CORFAC in 2021. Latina has been a member of the Executive Committee since 2015.
Additionally, Patterson-Woods received a Platinum Award for Standards of Excellence for the fourth consecutive year at the CORFAC Standards of Excellence Award ceremony. This award recognizes all CORFAC firms who exceeded industry standards and operate with the CORFAC core values, mission, and vision in mind.
CORFAC International, a global company comprised of privately held entrepreneurial firms with expertise in real estate leasing, investment sales, aquisitions, dispositions, property management, and corporate services, organizes a Fall and Spring summit annually.
About Patterson-Woods Commercial Properties/CORFAC International
Patterson-Woods Commercial Properties/CORFAC International is a leading commercial real estate services firm specializing in the Mid-Atlantic commercial property markets. We have been providing the most complete selection of commercial real estate services to the communities of Delaware, Maryland and Pennsylvania for over 50 years. Patterson-Woods Commercial Properties is a second generation company well-known for facilitating solutions to the needs of the business community and developers of real property. For more information on Patterson-Woods/CORFAC International, contact the company's Wilmington, Delaware headquarters at 302-622-3500 or visit www.pattersonwoods.com.
About CORFAC International
CORFAC International is comprised of privately held entrepreneurial firms with expertise in office, industrial and retail properties, tenant and landlord representation, investment sales, multifamily, self-storage, acquisitions and dispositions, property management and corporate services. CORFAC has more than 80 offices throughout the Americas, Europe and Asia and in 2016 was recognized as a "Top 20" Commercial Real Estate Brokerage Services firm by the National Real Estate Investor. Founded in 1989, CORFAC firms completed more than 11,000 lease and sales transactions in 2015 totaling 500 million square feet of space valued in excess of $8.5 billion. For more information on the CORFAC network, call the Chicago headquarters at 224.257.4400 or visit www.corfac.com
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Wilmington, DE (September 1, 2017):
Office
Greg Ellis, CCIM, represented the landlord, Diver-Grant Union Properties, LLC, in th elease of a 2,384 sq. ft. office space at 1300 Grant Avenue, Suite 100, in Wilmington, DE/ The tenant is the Leukemia and Lymphoma Society, Inc.
Rich Dudek represented the landlord, Farhi Properties, LLC, in the lease of an 1,800 sq. ft. office at 408 Larch Circle in Wilmington, DE.
Industrial
Joseph Latina represented the tenant, Unifirst, in the lease of a 23,013 sq. ft. industrial space at 59 Lukens Drive in New Castle, DE.
Vincent M. White represented the buyer, Lodge Street, LLC, in the purchase of a 9,200 sq. ft. industrial building at 3011 W 2nd Street in Chester, PA.
Vincent M. White represented the seller, Lodge Street Associates, in the sale of a 3,800 sq. ft. industrial building in Wilmington, DE.
In this issue:
Patterson-Woods Represents El Diablo in Fourth Delaware Lease
See our MAREJ article Tough Times and Vacancy Lead to a Reset and Investment Opportunities by Greg Ellis, CCIM
Joseph Latina Named Five Star Professional for 8th Consecutive Year
On the Calendar: CORFAC's Annual Fall Summit in Denver
Recent Transactions
Wilmington, DE (August 17, 2017) – Patterson-Woods Commercial Properties/CORFAC International Principal, Joseph Latina, has been named a 2017 Five Star Real Estate agent award winner for the 8th consecutive year.
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.
Latina, a retail and investment specialst with an emphasis in food and beverage, has brokered the sale and lease of hundreds of restaurants, taverns, and bars in the tri-state area and is known for his professionalism, timeliness, and incomparable retail and business knowledge. He is a member of the Executive Committee of CORFAC International and an active participant in their Real Estate Services group. Additionally, he has been named several times to the "Dozens" National Sales Award list, which includes the top producing brokers nationwide.
Less than 7% of professionals in the area receive the Five Star Professional designation, which has been recognizing individuals since 2003.
About Patterson-Woods Commercial Properties/CORFAC International
Patterson-Woods Commercial Properties/CORFAC International is a leading commercial real estate services firm specializing in the Mid-Atlantic commercial property markets. We have been providing the most complete selection of commercial real estate services to the communities of Delaware, Maryland and Pennsylvania for over 50 years. Patterson-Woods Commercial Properties is a second generation company well-known for facilitating solutions to the needs of the business community and developers of real property. For more information on Patterson-Woods Commercial Properties/CORFAC International, contact the company's Wilmington, Delaware headquarters at 302-622-3500 or visit www.pattersonwoods.com.
About CORFAC International
CORFAC International is comprised of privately held entrepreneurial firms with expertise in office, industrial and retail properties, tenant and landlord representation, investment sales, multifamily, self-storage, acquisitions and dispositions, property management and corporate services. CORFAC has more than 80 offices throughout the Americas, Europe and Asia and in 2016 was recognized as a "Top 20" Commercial Real Estate Brokerage Services firm by the National Real Estate Investor. Founded in 1989, CORFAC firms completed more than 11,000 lease and sale transactions in 2015 totaling 500 million square feet of space valued in excess of $8.5 billion. For more information on the CORFAC netowrk, call the Chicago headquarters at 224.257.4400 or visit www.corfac.com.
Patterson-Woods Commercial Properties/CORFAC International Represents El Diablo Burritos in Fourth Delaware Lease
Wilmington, DE (August 11, 2017) – Patterson-Woods Commercial Properties/CORFAC International Principal, Joseph Latina, represented El Diablo Burritos, a Delaware-based fast-casual Mexican restaurant, in the lease of their fourth location at 5329 Limestone Road in Pike Creek, DE. They occupy a 1,900 sq. ft. retail space, formerly a Berri Yummi, in the Shops at Limestone Hills. They opened on July 7. ![]()
Latina, a retail and investment specialist with an emphasis in food and beverage, has been the exclusive tenant broker for El Diablo since they opened their North Wilmington store in Branmar Plaza, and more recently their store on Newark’s Main Street. Their flagship store in Trolley Square opened in 2010.
“It was a pleasure to work with Dean and his team on their newest location. Their ‘hands on’ approach and attention to detail and the customer experience is the key to their continued success and growth,” said Latina.
El Diablo offers tacos, quesadillas, salads, burritos and bowls along with a variety of unique toppings and sides. They also provide catering. Their decision to expand was prompted by the popularity of fast-casual Mexican restaurants, their proven model in target markets, and their well-known brand. “We are very happy to open our fourth location in Pike Creek, Delaware, and are looking forward to continued, sustainable growth in the future,” said Dean Vilone, owner and founder.
About Patterson-Woods Commercial Properties/CORFAC International
Patterson-Woods Commercial Properties/CORFAC International is a leading commercial real estate services firm specializing in the Mid-Atlantic commercial property markets. We have been providing the most complete selection of commercial real estate services to the communities of Delaware, Maryland and Pennsylvania for over 50 years. Patterson-Woods Commercial Properties is a second generation company well-known for facilitating solutions to the needs of the business community and developers of real property. For more information on Patterson-Woods/CORFAC International, contact the company’s Wilmington, Delaware headquarters at 302-622-3500 or visit www.pattersonwoods.com.
About CORFAC International
CORFAC International is comprised of privately held entrepreneurial firms with expertise in office, industrial and retail properties, tenant and landlord representation, investment sales, multifamily, self-storage, acquisitions and dispositions, property management and corporate services. CORFAC has more than 80 offices throughout the Americas, Europe and Asia and in 2016 was recognized as a “Top 20” Commercial Real Estate Brokerage Services firm by the National Real Estate Investor. Founded in 1989, CORFAC firms completed more than 11,000 lease and sales transactions in 2015 totaling 500 million square feet of space valued in excess of $8.5 billion. For more information on the CORFAC network, call the Chicago headquarters at 224.257.4400 or visit www.corfac.com.
Wilmington, DE (August 4, 2017) –
Office
Greg Ellis, CCIM, represented Arthur Hall Insurance in the sublease of a 2,578 sq. ft. office suite at 7450 Lancaster Pike, Suite 201, in Hockessin, DE.
Rich Dudek and Michael Willey represented the seller, NAN Properties, LLC, in the sale of a 2,376 sq. ft. office condo at 625 Barksdale Road in Newark, DE.
Rich Dudek represented the landlord, Dockside Properties, and the tenants in the lease of two office spaces at 222 Philadelphia Pike. Bio-Media Communications, a specialized media production company, has leased Suite 8, a 1,500 sq. ft. space. Bellevue Remodel & Design, LLC, an interior and exterior remodeling company, now occupies Suite 9, a 690 sq. ft. space. There are two remaining spaces for lease in this office building – Suite 4 (1,600 sq. ft.) and Suites 13-17 (2,706 sq. ft).
Dan Lesher represented the landlord, DMG Properties, LLC, in the lease of two 1,000 sq. ft. office suites at 1302 Old Lancaster Pike in Hockessin, DE.
Retail
Chris Moore, CCIM, and Rich Dudek represented the landlord, SF III Vineyard Way, LLC, in the lease of a 3,073 sq. ft. retail space at 301 Vineyard Way in Jenners Commons Business & Professional Village in West Grove, PA. There is one space remaining that could be split into two units with a maximum of 4,600 sq. ft. Over the last year, Moore and Dudek have leased over 29,672 sq. ft. at this highly desirable location.
Tom Ryan represented the landlord, Linn Hoopes, Jr., in the lease of a 1,200 sq. ft. retail space at 2204 Grubb Road in Wilmington, DE. The tenant is Polish Salon.
Industrial
Rich Dudek represented both the landlord, GTCA Properties, LLC, and the tenant, Glass Doctor of Delaware, in the lease of a 2,000 sq. ft. space at 13 King Court, Unit 1, in New Castle, DE.
Land
Greg Ellis, CCIM, represented the seller, Green Bunny, LLC, in the sale of a .90 +/- AC parcel at 107 S. DuPont Highway in New Castle, DE.
Multifamily
Rich Dudek represented the buyer, Digenakis Properties, LLC, in the purchase of a 20-unit multifamily building at 202-206 Ayre Street in Wilmington, DE.
About Patterson-Woods Commercial Properties/CORFAC International
Patterson-Woods Commercial Properties/CORFAC International is a leading commercial real estate services firm specializing in the Mid-Atlantic commercial property markets. We have been providing the most complete selection of commercial real estate services to the communities of Delaware, Maryland and Pennsylvania for over 50 years. Patterson-Woods Commercial Properties is a second generation company well-known for facilitating solutions to the needs of the business community and developers of real property. For more information on Patterson-Woods/CORFAC International, contact the company’s Wilmington, Delaware headquarters at 302-622-3500 or visit www.pattersonwoods.com.
About CORFAC International
CORFAC International is comprised of privately held entrepreneurial firms with expertise in office, industrial and retail properties, tenant and landlord representation, investment sales, multifamily, self-storage, acquisitions and dispositions, property management and corporate services. CORFAC has more than 80 offices throughout the Americas, Europe and Asia and in 2016 was recognized as a “Top 20” Commercial Real Estate Brokerage Services firm by the National Real Estate Investor. Founded in 1989, CORFAC firms completed more than 11,000 lease and sales transactions in 2015 totaling 500 million square feet of space valued in excess of $8.5 billion. For more information on the CORFAC network, call the Chicago headquarters at 224.257.4400 or visit www.corfac.com.
Local Press contact: Allison Terranova | 302.622.3506 | terranova@pattersonwoods.com
Click to view article by Patterson-Woods Principal Greg Ellis, CCIM.
Wilmington, DE (July 1, 2017) – Patterson-Woods Commercial Properties/CORFAC Interanational's Vincent White has been elected as the National Director of The Real Estate Educators Association (REEA). He was installed on June 24 in Miami Beach, Florida, where REEA was holding its annual conference. In addition to National Director, Vincent was named and installed as treasurer of the organization. As National Director, Vincent will be responsible for seminars and overall membership experience. REEA provides resources and opportunities for professional development to individuals and organizations involved in Real Estate education. Vincent has been a member of the organization for five years. www.reea.org
Wilmington, DE (July 1, 2017) – Patterson-Woods is pleased to welcome Marvin Sachs to our commercial real estate team. As a native of Wilmington, educated here and in nearby Philadelphia, Marvin brings a wealth of experience and business contacts. From 1975 to 1985, as President of Sachs Realty, a well-respected moslty residential local firm, Marvin made his mark in the local real estate scene. Along the way, Marvin obtained his autcioneer's license and now operates Marvin Sachs Auction Company, which will remain separate from Patterson-Woods.
As an active member of the State of Delaware Real Estate Commission, and a onetime chairman of that commission, Marvin is known for his integrity and professionalism. Marvin is able to assist in all phases of commercial real estate.
Contact Marvin: 302-622-3566 | sachs@pattersonwoods.com