Real Estate Journal — March 30 - April 12, 2018 — The Best of 2017 — 13C
www.marejournal.com
M id A tlantic
The Largest Land Sale of 2017
Cushman & Wakefield NJ Rockefeller Group Logistics Center Piscataway, NJ
NAI Emory Hill 11th & Jefferson Streets Wilmington, DE
Michael Baxter & Associates New Ventures Comm’l. Park Blakeslee, PA
Jon Hickey
Jim O’Hara Jr.
Andrew Merin
David Bernhaut
Brian Whitmer
Gary Gabriel
Size: 228 acres Brokers: Andrew Merin, David Bernhaut, Gary Gabriel, and Brian Whitmer The Cushman & Wakefield team presented Rockefeller Group with an opportunity to acquire one of the last re- maining parcels along I-287 – the next frontier for re- gional industrial development – for $57 million. Beyond brokering the transaction, the team advised on Rockefeller Group’s plans for the site: a $225-million, 2.2 million SF logistics hub, dubbed the Rockefeller Group Logistics Center. The firm was also retained by Rockefeller Group to exclusively handle the marketing of the six planned build- ings for lease or sale. Upon its completion, the project will offers prospective users a level of flexibility that is cur- rently unparalleled in New Jersey.
229 acres in New Ventures Commercial Park with approv- als for two warehouse distribution buildings totaling over 2,000,000SF. Sold to Exeter Blakeslee Lot 100 Land LLC who is building a 1,000,000 SF distribution center to be tenanted by American Tire Distributors. “This sale has been a decade in the making. After working with all local, state and federal agencies, the sellers were finally able to provide a shovel-ready site which allowed us to attract the right buyer and tenant. The project is par- ticularly gratifying for me, not only as the broker, but also as the Vice Chairman of the Board of Directors for The Pocono Mountains Economic Development Corporation. Hundreds of jobs will be created and make a significant contribution to the economy of Monroe County and North- east Pennsylvania.”
Brokers: Jon Hickey, and Jim O’Hara Jr. NAI Emory Hill agents Jon Hickey and Jim O’Hara Jr. rep- resented the seller, a group of local investors, in the $10 million sale of a downtown Wilmington site at the corner of 11th and Jefferson Streets to Delle Donne Associates of Newark, DE. One of the largest development parcels in Wilmington’s CBD, the site can accommodate a building of over one million SF.
Thank you for recognizing the Emory Hill Companies for Best Land Sale and “Green” Construction Awards! We are proud of our achievements and pleased to win the Mid-Atlantic Real Estate Journal “Best of 2017” Awards
BEST LAND SALE AWARD: 11th & Jefferson Streets, Wilmington, Delaware NAI Emory Hill Agents Jon Hickey and Jim O’Hara, Jr. represented the landlord.
BEST GREEN AWARD: Sultana Education Foundation Richard & Virginia Holt Center in Centerville, Maryland Awarded LEED Platinum Certification and also winner of the 2017 DCA and ABC of Delaware Awards!
Commercial Brokerage, Construction, Property Management Maintenance and Residential Real Estate LET US PUT OUR EXPERTISE TO WORK FOR YOU!
10 Corporate Circle, New Castle DE 19702 | 302.322.9500 18335 Coastal Highway, Lewes, DE 19958 | 302.827.4940 www.emoryhill.com
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