Mid Atlantic Real Estate Journal — September 14 - 27, 2012 — 19A GrosvenorAmericas acquires 120,000 s/f building for $43m in the building.
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Leasing assignment for a 204,000 s/f Class A building Patterson-Woods & Associates/ CORFAC International awarded
WASHINGTON, DC — Grosvenor Americas (GA) has acquired a 120,000 s/f medical office building in the Merrifield area of Fairfax for $43 million. Located at 3023 Hamaker Court, minutes from the new amenity-richMerrifield Town Center and Dunn Loring Metro station, the property includes a three-story park- ing structure and adjacent land entitled for development of a second 120,000 s/f build- ing. The seller was The Long Companies of Middleburg, which developed the building in 2009. 3023 Hamaker Court is 75 percent leased to a strong list of medical service providers led by Children’s National Medical Center. Four other medical practices are located
“This is an excellent acqui- sition for Grosvenor Ameri- cas due to the building’s exceptional quality and ac- cess, including substantial parking, as well as its pres- tigious tenants and proxim- ity to INOVA Fairfax, one of the country’s best hospitals,” remarked Scott Brody, vice president, Investments and general manager of Grosve- nor Americas’ Washington, DC office. “The only new medical of- fice building to be built in this submarket in the last decade, 3023 Hamaker is a best-in-class property. We look forward to leasing up the balance of the building’s space to additional medical practitioners whose special- ties complement those of our existing tenants.” ■
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ILMINGTON, DE — Patterson-Woods & Associates/COR-
Bart Mackey, vice president & partner, and Chris Lee, CCIM, vice president, of Patterson- Woods & Associates/CORFAC International will be managing the leasing assignment. “The high quality of the build- ing, the Central Business Dis- trict location and immediately adjacent dining and retail ame- nities make this building a pre- mier location within Downtown Wilmington,” said Bart Mackey. “Because the U.S. Bankruptcy Court is located within 824, many law firms have found tenancy in 824 to be incredibly convenient,” Mackey added. The building is a short walk from Amtrak’s Wilmington Train Station and 25 minutes from the Philadelphia Interna- tional Airport. ■
FAC International, a full-ser- vice commercial real estate provider serving the extended northern Delaware market, announced their leasing assign- ment for a 204,000 s/f Central Business District (CBD) office building with ground level retail space on behalf of prop- erty manager, Daymark Realty Advisors. The property, 824 N. Market Street, is a 10-story, class A, CBD office building with flex- ible space options available. Office suites are available from 1,000 s/f to entire floor plates, which are close to 20,000 s/f. The largest tenant in the build- ing is the United States Bank- ruptcy Court for the District of
824 N. Market Street
Delaware and the building is approximately 72% occupied.
NAI Emory Hill holds grand opening LEWES, DE — Delaware Economic Development of- fice secretary Alan Levin and several state legislators were on hand at the ribbon cutting ceremony which kicked off the Grand Opening celebration of the new NAI Emory Hill Lewes office.
The Ezra Co. inks DC office relocation for Union Privilege
Secretary Levin commended NAI Emory Hill on its com- mitment to bring business and more jobs to Sussex County and its long-standing business rela- tionship with the entire state of DE over the past 31 years. NAI Emory Hill hosted the celebration in conjunction with the DE State Chamber of Com- merce, sponsoring a networking luncheon as part of the event, which was attended by 60 people including Senator Gary Simpson and Representatives Peter Schwartzkopf and Har- vey Kenton. On behalf of co-owner Robert Hill and the entire staff, NAI Emory Hill president Carmen Facciolo Jr., thanked secretary Levin and the delegates pres- ent and introduced Brittany Danahy, the head broker of the new Lewes office. Danahy is currently the broker for over 25 property listings in Sussex County. Brittany comes to Emory Hill
Shown from left: Delaware Dept. of Economic Development Office Secretary Alan Levin, NAI Emory Hill brokerage dir. Jim O’Hara Jr., Del. Rep. Harvey Kenton, Del. State Chamber of Commerce Acct. Exec. Chuck James, Del. Senator F. Gary Simpson, Del. Rep. Peter Schwartzkopf, Emory Hill property management dir. Clay Hill, NAI Emory Hill/Lewes broker Brittany Danahy, Emory Hill owners Carmen Facciolo, Jr. and Robert Hill.
from Sperry Van Ness/Miller Commercial Real Estate where she specialized in the sale and lease of retail and professional office space throughout Kent and Sussex counties. She has also worked as a commercial realtor for OceanAtlantic Com- mercial, Grubb & Ellis/CBRE Commercial and Marcus and Millchap. She is a member of the ICSC (International Coun- cil of Shopping Centers), the Delaware, Lewes and Rehoboth Beach Chambers of Commerce,
and is a CCIM (Certified Com- mercial Investment Member) of PA/NJ/DE where she serves on the board as Education Chair. She is a graduate of the Univer- sity of San Diego, lives with her husband and two children in Rehoboth Beach and is also an active volunteer with the Cystic Fibrosis Foundation. Emory Hill opened its new- est location in Lewes to better serve the needs of its commer- cial real estate clients in Sussex County. ■
1100 1st St. NE
client will occupy space in an “A-quality building under ex- tremely favorable terms.” Located in the heart of the emerging NoMa neighbor- hood, 1100 1st St. NE is a 347,608 s/f, class A property owned by New York-based Tishman Speyer that has achieved LEED Gold Certifi- cation. ■
WASHINGTON, DC—Ezra Company announces that Glenn Meltzer, president, negotiated on behalf of Union Privilege in a 13,755 s/f lease relocation at 1100 1st St. NE in the District of Columbia. Currently at 1125 15th St. NW, Union Privilege is set to move in October of this year. Meltzer notes that his
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