Patterson-Woods Facilitates $1.55 Million Sale of Land in New Castle, DE

Category: Notable Transactions

Aerial Photo of 144-146 S DuPont Highway, New Castle, DEWilmington, DE (June 7, 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 3.19 acres of land located at 144-146 S DuPont Highway in New Castle, DE.

The property was sold to Premier A-2 NC, DE LLC for $1.55 million, who plans to build an 84,000 square foot fully climate controlled state-of-the-art self storage facility.

Patterson-Woods Principal, Greg Ellis, CCIM, represented the seller in this transaction and Dan Hudak, SIOR, of MacKenzie Commercial Real Estate Services represented the buyer.

The purchased land, consisting of three parcels, has 280’ of frontage on Route 13 and is near the 13 and Route 273 intersection.

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.

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