Recent Transactions from Patterson-Woods Commercial Properties/CORFAC International – June 2015

Wilmington, DE (July 1, 2015) – Joe Latina represented both the seller, Culinaria Restaurant/The Reynauld Group, Inc., and the buyer, Fang Sun, in the sale of the North Wilmington restaurant business, Culinaria, at 1812 Marsh Road. Culinaria, open since 1999, features modern and creative twists on American cuisine. Latina also represented the seller in the sale of the restaurant business Firestone Roasting House at 110 South West Street in Wilmington, DE. To view the full press release of that transaction, click here.

Rich Dudek represented the landlord, Newark Development Group, LLC, in the lease of a 1,500 SF office space at 284 East Main Street in Newark, DE. The tenant, Exodus Escape Room, will offer interactive, 60-minute action packed “escape” rooms, with themes like “Sherlock’s Study,” “Trap Room,” and “Masquerade Mayhem.”

Chris Moore represented the seller, Servco, Inc. c/o Citizens Bank, N.A., in the sale of a 2,298 office space at 1401 Foulk Road. This was the last remaining space available in North Wilmington’s Foulkstone Medical Plaza.

Other transactions this month include:

A 1.21 AC parcel of land at 202 United Drive in Middletown, DE. Greg Ellis, CCIM, represented the Buyer, Pointe 61, LLC.

A 4,500 square foot office building at 1211 Milltown Road in Wilmington, DE. Rich Dudek represented the seller, Revocable Trust of Donna L Schoenbeck, in this transaction.

A 990 square foot office space at 724 Yorklyn Road. Dan Lesher represented the Landlord in this lease buyout.

An 800 square foot office space at 913 N Market Street in Wilmington, DE. Joe Latina represented the tenant, Gellert Scali.