Wilmington, DE (June 6, 2016) – Patterson-Woods Commercial Properties/CORFAC International, a leading full-service commercial real estate provider serving the Mid-Atlantic market, today announced the completion of a 5,716 sq. ft. medical office lease at Jenner’s Commons Business & Professional Village, an office and retail complex in West Grove, PA.
Jennersville Regional Hospital, a community healthcare provider offering inpatient and outpatient, emergency, surgical, and diagnostic care, is expanding and will occupy the 5,716 sq. ft. space. The turn-key medical office, owned by SF III Vineyard Way, LLC, includes sick and well waiting rooms, a large reception area, a separate employee entrance and break room, lab space, and sixteen exam suites. The previous tenant, a Children’s Hospital of Pennsylvania (CHOP) Primary Care center, has moved to the recently constructed Penn Medicine Center.
Rich Dudek and Chris Moore of Patterson-Woods represented the landlord in the lease negotiations. Adam Knox of NAI Geis represented the tenant.
"The leasing activity has picked up lately as we feel many of the area retailers, office users, and restaurants are looking to consolidate in this growing area off of Route 1,” said Moore. "Jennersville Hospital’s quick decision to expand into the former CHOP space in Jenner’s Commons is an example of the increased activity, along with the location's easy access, attractive location and proximity to other businesses."
The hospital will join The Growing Place Childcare & Preschool, Premier Dental, KMC Gymnastics, and Jillian Grace Salon at Jenners Commons. There is a portfolio of space currently available consisting of immediately available suites, one pad site approved for a 2,760 sq. ft. building, and two 10,000+ sq. ft. buildings already approved for development. The immediately available suites include a 7,000 sq. ft. fully built-out former salon/spa ready to move in and a 1,025 sq. ft. office or retail shell ready for tenant fit-out. The complex sits at the corner of 796 and 896 in West Grove, PA, and is minutes from Route 1. The remaining spaces are being exclusively listed by Patterson-Woods.
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, tenant and landlord representation, investment sales, multifamily, self-storage, acquisitions and dispositions, property management and corporate services. CORFAC has 49 offices in the U.S., 7 in Canada and 25 offices internationally. Founded in 1989, CORFAC firms completed (in 2014) more than 10,000 lease and sales transactions totaling 400 million square feet of space valued in excess of $7.4 billion. For more information on the CORFAC network, call the Chicago headquarters at 224.257.4400 or visit www.corfac.com
Wilmington, DE (May 10, 2016) – Patterson-Woods Commercial Properties/CORFAC International principal, Joseph Latina, has been invited to be a panelist at the Delaware Commercial Real Estate Forecast Summit: State of The Market, presented by the Mid-Atlantic Real Estate Journal.
The event will take place at the Sheraton Suites Wilmington Downtown on Friday, May 20 from 7:15AM – 12:00 PM.
Latina will join several other local real estate professionals and developers on the panel, who will discuss updates and trends in the retail, industrial, office and multifamily markets in Delaware.
Latina specializes in retail and investment commercial real estate with a strong emphasis in the food and beverage sector. He has been named several times to the “Dozens” National Sales Award, which includes the top 5% of producing brokers nationwide. He has been awarded Delaware Today Magazine’s Five Star Real Estate Award for Customer Service every year consecutively since 2010. In addition to being a member of the Executive Committee, Latina is an active participant in CORFAC’s Retail Services Group and is a member of the CORFAC Executive Committee.
To register, please visit https://www.cvent.com/events/delaware-commercial-real-estate-forecast-summit-state-of-the-market/registration-67de639d09bd45e5827500a48db6f5f0.aspx
Early Bird Rate $109 through Monday, May 16
Regular Rate $129
Day of Event $149
Greg Ellis, CCIM represented the buyer, Medori Enterprises, in the purchase of a 54 acre industrial parcel in Bear, DE.
Chris Moore and John Osborn represented the seller in the sale of a 12,000 SF special use building in Boothwyn, PA.
Greg Ellis, CCIM, represented the seller, Goldstein Estate, in the sale of an 11,000 SF building at 805 N Shipley Street in Wilmington, DE.
Rich Dudek represented both the landlord, Newark Development Group, and the tenant, Exodus Escape Rooms, in the lease of a 3,200 SF space at 280 E Main St in Newark, DE. He also represented Exodus Escape Rooms in the lease of a 2,876 SF space at The Shops of Sun Coast in Rehoboth, DE.
Greg Ellis, CCIM, represented the landlord, Blessings Real Estate, LLC, in the lease of a 2,685 SF office space at 4543 Mermaid-Stoney Batter Road in Wilmington, DE.
Rich Dudek represented the tenant, Primo Hoagies, in the renewal of a 2,010 SF retail space at 3616 Kirkwood Highway. Michael Woods represented the landlord.
Rich Dudek represented both the tenant, ADAR Services, LLC, and the landlord, Persus Group, LLC, in the lease of an 1,824 SF office space at 100 Becks Woods Drive.
Chris Moore represented the Landlord in placing Girls, Inc. into 3,648 SF of office and instructional space for a 7 year deal at 1501 N Walnut Street.
Chris Moore represented both the Landlord and Tenant The Davey Tree Expert Company in leasing their new 3,622 SF office and 7,000 SF warehouse with service buildings and yard space at 6515 Governor Printz Blvd Wilmington DE 19809
Vincent White represented the landlord, New Venture Fund/Upstream, in the lease of a 572 SF office space at 300 Water Street in Wilmington, DE.
Chris Moore represented the tenant, Bancroft Behavioral Health, Inc., and The Counseling Center in the lease of a 1,367 SF office space at Drummond Plaza Office Park in Newark, DE.
Chris Moore and Michael Willey completed a 980 SF office lease for Hearts in Mind Counseling Services at 1601 Milltown Road in Wilmington, DE.
Michael Willey and Greg Ellis, CCIM, represented the tenant, Incorp Services, Inc., in the lease of an 894 SF office space at 919 N Market Street in Wilmington, DE.
Michael Willey and Greg Ellis, CCIM, represented the tenant, ABEIG, LLC, in the renewal of an 824 SF retail space at 1201 N Market St in Wilmington, DE.
Wilmington, DE (April 14, 2016) – Patterson-Woods Commercial Properties/CORFAC International today announced that it has been named a "Top Commercial Real Estate Brokerage" by the Philadelphia Business Journal. In addition to ranking 20th among Philadelphia brokerages, including three national firms with Philadelphia locations, it is the only Delaware-based brokerage to make the list.
Brokerages on the list are ranked by total local square feet of real estate leased and sold in 2015.
To view the list, Click Here. (Subscription Required)
Wilmington, DE (April 7, 2016) – Duncan Patterson, CCIM, President of Patterson-Woods Commercial Properties/CORFAC International, will be instructing a two-session online CCIM Course titled “Making Transactions Happen with Real Estate Gifting.”
The virtual sessions will take place on Tuesday, April 12 and Thursday, April 14 from 2:00 p.m. to 4:00 p.m. Central time.
The course will cover the topic of charitable gifting of real estate and the many opportunities it presents for real estate professionals who work with donors as well as the recipient charitable organizations. At the end of the course, students will be able to create client solutions, leverage the CCIM network and CCIM Foundation, understand the use of the real estate gifting process as a tool for disposition, and handle transactions that benefit both the donor and the charitable organization.
Patterson is part of Real Estate Gifting Realized, a not-for-profit charitable foundation administered by the CCIM Foundation that works to advance knowledge and professionalism in the field of commercial investment real estate. Real Estate Gifting Realized is run by a select team of professionals who are specialists from all real estate disciplines, from financial to compliance. Patterson will join fellow member, Mary Stark Hood, J.D., CFP ®, in teaching these sessions.
To register, click here.
Tuition:
$165 for CCIM Institute Members
$178 for REALTORS
$190 for non-members
Wilmington, DE (April 4, 2016) – Rockford Capital Partner & Patterson-Woods Commercial Properties/CORFAC International principal, Greg Ellis, CCIM, has been invited to be a panelist at the CFA Society of Philadelphia Annual Real Estate Panel and Luncheon.
The event will take place at The Raquet Club of Philadelphia on Wednesday, April 6 from 12PM – 1:30PM.
Topics will include the improvements in the housing and commercial real estate markets in 2015, the pressing issues facing the U.S. real estate markets, and panelist’s views on investment strategies in the real estate sector.
Ellis brings more than 19 years experience in commercial real estate. He is a founder of Rockford Capital Partners, a private real estate firm specializing in the acquisition, repositioning and management of small to mid-size commercial real estate assets throughout the eastern US. He is also a Principal at Patterson-Woods Commercial Properties/CORFAC International, a leading commercial real estate services firm specializing in the Mid-Atlantic Commercial property markets. He will join two other panelists at this event – Jamie Biddle, Partner and CEO of Verdis Investment Management, and Geoffrey Gardner, Partner & CEO of Patriot Equities.
To register, visit https://www.cfasociety.org/philadelphia/Pages/EventCalendar.aspx
CFAP Members: $25
Non-Member: $40
Wilmington, DE (Mar 14, 2016) – Patterson-Woods Commercial Properties/CORFAC International, a leading full-service commercial real estate provider serving the Mid-Atlantic market, today announced the completion of a 4,563 square foot office lease on behalf of 5301 Properties, LLC at 5301 Limestone Road in Wilmington, DE.
Meridian Bank will be expanding and relocating into a larger suite on the second floor of the 45,399 square foot office building. Meridian anticipates moving into their new office in July.
Greg Ellis, CCIM, Principal at Patterson-Woods, represented the landlord in the lease negotiations.
“5301 Limestone is the highest quality office building in the area and that is reflected in the number of tenants who have chosen to renew their leases or expand their offices in the building, and the fact that the building is fully leased,” said Ellis.
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, tenant and landlord representation, investment sales, multifamily, self-storage, acquisitions and dispositions, property management and corporate services. CORFAC has 49 offices in the U.S., 7 in Canada and 25 offices internationally. Founded in 1989, CORFAC firms completed (in 2014) more than 10,000 lease and sales transactions totaling 400 million square feet of space valued in excess of $7.4 billion. For more information on the CORFAC network, call the Chicago headquarters at 224.257.4400 or visit www
Wilmington, DE (March 7, 2016) – Greg Ellis, CCIM, and Joseph Latina, Principals at Patterson-Woods Commercial Properties/CORFAC International, recently attended the CORFAC International 2016 Spring Summit in New Orleans, LA.
CORFAC, a global company comprised of privately held entrepreneurial firms with expertise in real estate leasing, investment sales, acquisitions, dispositions, property management, and corporate services, organizes a Fall and Spring summit annually. The Spring summit took place from February 24 through February 26 and hosted both domestic and international members of the organization.
Participants took place in networking activities such as Mardi Gras and Garden District walking tours, as well as attended panels discussing professional development topics including emerging real estate trends and best practices in CRE technology.
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