Patterson-Woods Commercial Properties/CORFAC International Facilitates Sale of 2,000 Sq. Ft. Building to Waffle House, Inc.

Wilmington, DE (February 19, 2020) – 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 sale of a 2,000 sq. ft. building at 1450 Pulaski Highway in Newark, Delaware. The building, which was previously used as a medical office, will be converted into a Waffle House restaurant.

Patterson-Woods Principal, Rich Dudek, represented the seller, Maggie Group Inc., in the sale negotiations. Waffle House Inc. purchased the building and ground.

Waffle House will join other businesses, including Game Changers Sports Bar & Grille and Paul Mitchell School of Cosmetology, in the retail and office center known as Elizabeth Plaza. Waffle House plans to do a ground up development and open to the public by the end of 2020. This will be their fourth location in Delaware, with others in Middletown, Smyrna, and Dover.

"It was a pleasure to work with the Waffle House real estate team – they were patient and professional every step of the way. On behalf of the ownership of Elizabeth Plaza, we look forward to the addition, and I am sure the neighborhood looks forward to a family name that has been in the breakfast industry since 1955," said Dudek.

Dudek is the exclusive listing agent for properties in Elizabeth Plaza. There are other spaces currently available, including a 1,350 sq. ft. laundromat for lease and a proposed 16,000 +/- sq. ft. building for sale or lease that has the potential to be subdivided into separate units. For more information, please contact Rich Dudek at 302-656-6870 or by email at dudek@pattersonwoods.com

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, please visit our website at www.pattersonwoods.com 

About CORFAC International

CORFAC International is comprised of privately held entrepreneurial firms with expertise in office, industrial and retail brokerage, tenant and landlord representation, investment sales, multifamily, self-storage, acquisitions and dispositions, property management and corporate services. Founded in 1989, CORFAC has 50 offices in the U.S., 5 in Canada and 22 in International markets, including Australia, Colombia, France, Germany, Ireland, Italy, Japan, Malaysia, Mexico, Netherlands, Romania, Russia, Singapore, South Korea, Switzerland, Thailand, United Arab Emirates and the United Kingdom. CORFAC offices completed more than 10,000 lease and sales transactions totaling 620 million square feet of space valued in excess of $8.2 billion in 2018. For more information, visit www.corfac.com

Click to View our Recent Transactions (January 2020)

Joe Latina and Mary Ann Heesters represented both the seller and the buyer in the sale and purchase of The Perfect Cup Café in Hockessin, Delaware. The establishment has been in business for over 20 years and is a local favorite. It was sold to a former employee, Gleidson Alencar. It reopened for business on December 21.

Click to View The Perfect Cup Website

Patterson-Woods Commercial Properties/CORFAC International Leases 47,414 Square Feet of Industrial Space a 3030 Bowers Street in Wilmington, Delaware

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 47,417 square foot warehouse lease at 3030 Bowers Street in Wilmington, Delaware. 

Patterson-Woods Principal, Richard Dudek, represented the landlord, Opportunity Center, Inc., known as ServiceSource, in the lease negotiations. ServiceSource is a 501(c)(3) nonprofit organization with a mission to facilitate services and partnerships that support people with disabilities, their families, their caregivers, and community members in order to build more inclusive communities. Prior to leasing their Bowers Street space, Rich helped to relocate ServiceSource to their new location at 13 Reads Way in New Castle, Delaware. 

Patterson-Woods associate, Will Minster, represented the tenant, Second Chances Farm, LLC, in the site location. Second Chances Farm will convert the one-story warehouse into an eco-friendly plant factory by installing an indoor hydroponic vertical farming system that will grow pesticide and herbicide-free produce. In addition to their agriculture initiatives, Second Chance Farms also maintains a social initiative by employing ex-offenders and supporting them in their re-entry and recidivism into the community.  

Second Chances Farm will occupy the entire building in a long-term lease. They plan on constructing the hydroponic farming system in September and begin operations immediately. 

“I was thrilled to represent Second Chances Farm and founder, Ajit Matthew George, in locating a site within the City of Wilmington, particularly in an Opportunity Zone and a termed distressed area that enables them to begin their social impact mission,” said Minster. “We evaluated numerous locations and determined that 3030 Bowers Street was perfect for this revolutionary venture.”

“When we discovered the intended use was a sustainable business that would bring locally grown organic, herbicide, pesticide free produce to our local restaurants and specialty stores it immediately grabbed our attention,” said Dudek. “The landlord, being a non-profit that has been helping the underserved out of this location since the 1960’s, was excited that Second Chances Farms would be able to create a unique product and also employ those trying to get back on their feet. We knew we wanted to try to make this work for everyone and this falls in line with the mission of ServiceSource.”

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 brokerage, tenant and landlord representation, investment sales, multifamily, self-storage, acquisitions and dispositions, property management and corporate services. Founded in 1989, CORFAC has 49 offices in the U.S., 5 in Canada and 17 in international markets, including Australia, Colombia, France, Germany, Ireland, Israel, Italy, Mexico, Netherlands, Romania, Russia, South Korea, Switzerland and the United Kingdom. CORFAC offices completed more than 10,000 lease and sales transactions totaling 620 million square feet of space valued in excess of $8.2 billion in 2018. For more information, visit www.corfac.com.

Click to View the Full Article on DelawareBusinessNow.com

Wilmington, DE (April 2, 2019) – 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 7,344 square foot retail lease at 1130 Capitol Trail in Newark, Delaware.

Captain Crab and Seafood, LLC, dba Captain Crab and Seafood, will occupy the free-standing turn-key restaurant space, which is owned by Exponential Growth Real Estate, LLC.  

Patterson-Woods Principal Joseph Latina, together with associate Mary Ann Heesters, represented both the tenant and the landlord in the lease negotiations.  The tenant, Guang Chen, was previously involved with the local Hibachi restaurants. 

Captain Crab and Seafood will showcase a unique approach to hosting and serving as customers will be greeted by robots. The 4-foot robots will be able to show customers to their tables and bring them their meals via built-in shelves. A wait staff will still be required; however, the robots will be used to make the food-to-table process more efficient. 

The restaurant was previously home to popular Soffritto Italian Grill for many years, and more recently the Italian restaurant, Evero. Chen plans to open his restaurant by midsummer.

“We believe Captain Crab and Seafood will bring a new product to this area and will be well-received by the community,” said Latina. “We are very excited about this new concept and it was a pleasure to help Mr. Chen find the perfect space. We wish him much success.”

Latina is a premier restaurant broker in the area. For more business and restaurant opportunities, please visit pattersonwoods.com/main/businesses 

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. www.pattersonwoods.com 

About CORFAC International: 

CORFAC International is comprised of privately held entrepreneurial firms with expertise in office, industrial and retail brokerage, tenant and landlord representation, investment sales, multifamily, self-storage, acquisitions and dispositions, property management and corporate services. Founded in 1989, CORFAC has 46 firms in the U.S., 6 in Canada and 27 in international markets, including Australia, Colombia, France, Germany, Ireland, Israel, Italy, Mexico, Romania, Russia, South Africa, South Korea, Switzerland and the United Kingdom. CORFAC offices completed more than 10,000 lease and sales transactions totaling 500 million square feet of space valued in excess of $8.0 billion in 2017. Contact Jonathan Salk, CORFAC Executive Director, at (224) 257-4400 or jonathan@corfac.com or visit www.corfac.com.

The City of Wilmington celebrated the grand opening of a new Dunkin' location at 701 N Market Street in Wilmington, Delaware on March 22. 

The Dunkin' owners, Bhupan and Fulgani Patel, commemorated the opening during a ribbon-cutting ceremony with Mayor Mike Purzycki, Michelle Harlee – City Council Member (4th District), Downtown Visions Executive Director Martin Hageman, and other community members. The corner property sits across from Bardea Italian Restaurant, Starbucks and DCAD dorms.

Patterson-Woods associate Will Minster represented the landlord, Kwang Lee, in the lease of this 2,232 sq. ft. retail space. 

Minster has been involved in the revitalization of Downtown Wilmington since 2011, previously holding dual roles at Wilmington's Downtown Business Improvement District, also known as Downtown Visions, and as Director of Business Development and Program Manager for Main Street Wilmington. He was also a founding member of Main Street Wilmington.

Patterson-Woods has several prominent retail locations and development opportunities on Market Street. Minster currently has two other retail listings on Market Street, including 405-411 N Market Street and 415 N Market Street.

Image Source: City of Wilmington

About Patterson-Woods

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 comunities 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. www.pattersonwoods.com

About CORFAC International

CORFAC International is comprised of privately held entrepreneurial firms with expertise in office, industrial and retail brokerage, tenant and landlord representation, investment sales, multifamily, self-storage, acquisitions and dispositions, property management and corporate services. Founded in 1989, CORFAC has 46 firms in the U.S., 6 in Canada and 27 in international markets, including Australia, Colombia, France, Germany, Ireland, Israel, Italy, Mexico, Romania, Russia, South Africa, South Korea, Switzerland and the United Kingdom. CORFAC offices completed more than 10,000 lease and sales transactions totaling 500 million square feet of space valued in excess of $8 billion in 2017. www.corfac.com

Middletown, Delaware (August 24, 2018) – Patterson-Woods Commercial Properties/CORFAC International, a leading full-service commercial real estate provider serving the Mid-Atlantic market, today announced the completion of the sale of an office building located at 1050 Industrial Drive in Middletown, DE. The 20,160 square foot, two-story suburban office building sits on 1.48 acres.

The property was sold by Sherman Financial to Middletown Business Center, LLC, for $1,700,000.

Joseph Latina, Principal at Patterson-Woods, represented the buyer in this transaction. The Flynn Company represented the seller.

The property, known as Middletown Business Center, was built in 2007. It sits near the Amazon Fulfillment Center just off of Middletown Warwick Road (301). Tenants include the Middletown Chamber of Commerce, Premier Physical Therapy, National Mentor, Tri-M Group and Century Engineering.

The 1^stfloor of the building will be the new headquarters of the buyer’s commercial property management and development company, Secure Management, Inc. In addition to moving to Middletown, the company is building a new shopping center, known as Hedgelawn Plaza, nearby on Route 301 just off the new Route 310 Bypass offramp. The new, state of the art, 56,000 square foot shopping center is currently under construction. Dairy Queen has opened for business with the 2^ndphase slated for delivery in October 2018.

“It was a pleasure to, once again, work with Principal Shane Malek and his team at Secure Management as they continue to grow their footprint in the rapidly growing Middletown market,” said Latina.

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 brokerage, tenant and landlord representation, investment sales, multifamily, self-storage, acquisitions and dispositions, property management and corporate services. Founded in 1989, CORFAC has 46 firms in the U.S., 6 in Canada and 27 in international markets, including Australia, Colombia, France, Germany, Ireland, Israel, Italy, Mexico, Romania, Russia, South Africa, South Korea, Switzerland and the United Kingdom. CORFAC offices completed more than 10,000 lease and sales transactions totaling 500 million square feet of space valued in excess of $8 billion in 2017. Contact CORFAC at (224) 257-4400 or www.corfac.com.

Local Press contact: Allison Terranova | 302.622.3506 | terranova@pattersonwoods.com

As Seen in Delaware Business Times: View Article

Wilmington, DE (June 13, 2018) – 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 43,625-square foot industrial lease on behalf of FS.com at 300 Centerpoint Boulevard in New Castle, DE.

FS.com is a leading communications systems integrator and optical solutions provider based in Renton, Washington. The company will occupy office and warehouse space in the 119,890-square foot building, which is owned by Centerpoint 300, LLC. This is their first location on the east coast.

Greg Ellis, CCIM, Principal at Patterson-Woods, represented the tenant in the lease negotiations. He was referred to FS.com by Arne Svendsen of The Andover Company, Inc., a brokerage in Renton, Washington. The brokerages connected due to their memberships with CORFAC International, an organization comprised of privately held entrepreneurial firms in 73 markets nationally and internationally.

"The ideal location, ceiling heights and flexibility and responsiveness of the landlord, McConnell Development Inc., made this a desirable choice for the tenant," said Ellis. "We evaluated many options in the area and determined 300 Centerpoint provided the best solution for the needs of this company."

300 Centerpoint Boulevard is part of a larger warehouse/industrial park, Centerpoint Industrial Complex. It is convenient to the New Castle County Airport, I-95, and Routes 13 and 273.

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 brokerage, tenant and landlord representation, investment sales, multifamily, self-storage, acquisitions and dispositions, property management and corporate services. Founded in 1989, CORFAC has 46 firms in the U.S., six in Canada and 27 in international markets, including Australia, Colombia, France, Germany, Ireland, Israel, Italy, Mexico, Romania, Russia, South Africa, South Korea, Switzerland and the United Kingdom. CORFAC offices completed more than 10,000 lease and sales transactions totaling 500 million square feet of space valued in excess of $8.0 billion in 2017.