M id A tlantic Real Estate Journal — June 17 - July 21, 2022 — 11A
www.marej.com
The 161,000 s/f structure houses tenants Nemours Sports Medicine & Titus Sports Academy BPG celebrates naming partnership of Chase Fieldhouse with ribbon cutting
W
ILMINGTON, DE — The Buccini/Pol- lin Group (BPG),
JPMorgan Chase and Harris Blitzer Sports & Entertain- ment celebrated the official ribbon cutting and naming cer- emony of the Chase Fieldhouse on Friday, May 10th at 401 Garasches Lane in Wilmington. To kick off the event in 76ers fashion, the ringing of the of- ficial pregame bell commenced the line up of speakers. The crowd heard from an array of speakers including Delaware Governor John Car- ney, Wilmington Mayor Mike Purzycki, representatives from JPMorgan Chase, Blue Coats president Larry Meli, and Buccini/Pollin Group co- president Robert Buccini . After the speakers had con- cluded the crowd was treated to food and games for the rest of the event. Attendees were also treated to appearances from Philadelphia Union and 76ers players afterwards. The state-of-the-art sports venue has been a pillar in the athletic and socioeconomic
Chase Fieldhouse
community of Wilmington since its opening three years ago. Formerly the 76ers Fieldhouse, it completed the official name change during the pandemic, however, just now deemed it appropriate and safe for a ribbon-cutting to officially celebrate the new partnership. “Chase Fieldhouse serves a vital role across the Philadel- phia 76ers basketball, business, and community engagement landscapes,” said Philadelphia 76ers president Chris Heck. “This world-class facility and home to our Blue Coats is be-
fitting of a major partner in JPMorgan Chase. Delaware is a huge part of the 76ers footprint, and this partnership will further strengthen our commitment to do good in the communities where we live, work, and play.” “The newly renamed Chase Fieldhouse has been part of the Wilmington community for three years now, and we’re continuing to look for new ways to invest in initiatives and op- portunities that help us create a deeper engagement with our athletes and community,” said
Rob Buccini. “The Chase team is proud of our partnership with this sig- nificant venue, which brings our diverse communities together across the tri-state region,” said Tom Horne, head of consumer branch banking and Delaware market leader for JPMorgan Chase. “Serving our customers and community and providing opportunities for both is espe- cially important for us and to our commitment to Delaware and the City of Wilmington.” The Chase Fieldhouse em - blem adorns both the north
and south sides of the 161,000 s/f structure, which also houses tenants Nemours Sports Medi- cine and Titus Sports Academy, in addition to extensive inte- rior signage. The Philadelphia 76ers logo will remain on the west façade facing the Wilm- ington Riverfront. Recently this year the Chase Fieldhouse has been seen on ESPN on nu- merous occasions including the NBA G-League finals featuring The Delaware Blue Coats as well as the host of the Atlantic 10 Women’s Basketball Cham- pionship. MAREJ
CCIM, an investment spe- cialist in Marcus & Millichap’s Washington, D.C. office, has W Marcus & Millichap Capital Corporation’s Cassidy will arrange acquisition financing for the buyer Lorenzo Wooten, Jr. of Marcus & Millichap lists mixed-use redevelopment site in Washington DC ASHINGTON, DC — Marcus & Mil- lichap , one of the © PGN Architects
the listing to market the property on behalf of the seller, Pas- tor Steve Young of Holy Chris- tian House of Praise. Ad- ditionally,
leading com- mercial real estate bro- kerage firms specializing in investment sales, financ - ing, research and advisory services, an- nounced the
Lorenzo Wooten, Jr.
Jared Cassidy
Jared Cassidy of Marcus & Millichap Capital Corporation will arrange the acquisition financing for the buyer. The subject redevelopment site is situated on two MU-3A zoned parcels totaling 1.65 acres in the thriving Deanwood neighborhood. An investor can convert the parcels into MU-5A
listing of a mixed-use redevel- opment site located at 5110- 5120 Nannie Helen Burroughs in the Deanwood neighborhood of Northeast Washington, DC. The asset is currently unpriced, according to Brian Hosey , di- visional manager of the firm’s Mid-Atlantic offices. Lorenzo Wooten, Jr.,
5110-5120 Nannie Helen Burroughs potential redevelopment rendering
zoned parcels, which allows up to 356 multi-family units and 24,000 s/f of retail space on the first level. Currently, the site houses an 18,633 s/f church building and a 1,100 s/f former
retail store. Deanwood is experiencing an urban renaissance due to its commercial and retail de- velopment, proximity to the downtown core and excellent
public transportation access. The subject site’s corridor is supported by the “Great Streets Initiative,” a grant program that provides up to $50,000 to small businesses. MAREJ
Made with FlippingBook Ebook Creator