Patterson-Woods Leases Kirkwood Highway Restaurant; New Concept

Category: Notable Transactions

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.