M id A tlantic Real Estate Journal —May 20 - June 16, 2022 — 15A
www.marej.com
Bancroft & Sussex County celebrate topping off
Orcino reps. landlord in 41,903 s/f lease Duke Realty Corporation Baltimore portfolio 100% leased
A
RLINGTON, VA — The Washington, D.C./Baltimore office
of Duke Re - alty Corpo - ration , one of the na- tion’s lead- ing domes- tic-focused, industrial- only property REITs (Real
Battista Orcino
Estate Investment Trust), announces that a current tenant, Ace Logistics, a Bal- timore-based warehouse and logistics services provider, has expanded its footprint in Chesapeake Commerce Center by inking a lease deal for an additional 41,903 s/f of space. Ace Logistics already occupies two facilities in Chesapeake Commerce Center and has leased additional space at 5901 Holabird Ave. “It was just a couple of years ago that Duke Realty announced a lease renewal and expansion deal totaling 351,000 s/f of space with Ace Logistics that included a build- to-suit facility in Chesapeake NEWARK, DE — LaMotte Company has chosen Newark as the site for its expansion. Sales growth has prompted LaMotte to increase its manu- facturing and research and development capacity. The company plans to invest $3.3M to build out lab space at its new location in Pencader Corporate Center. The 79,000 s/f site also will include office and production space. “We are working hard to make Delaware more com- petitive so that we can com- pete and win every day,” said Governor John Carney. “That means making sure we have the best environment so busi- nesses like LaMotte Co. can grow and thrive here in Dela- ware. We are excited for this expansion and the new jobs it will bring. This investment shows that Delaware remains in demand for manufacturing
5901 Holabird Ave.
class 2.4 million s/f, seven- building industrial park adja- cent to the Port of Baltimore. Over the past 15 years, Duke Realty redeveloped and trans- formed Chesapeake Commerce Center into a modern industrial hub with state-of-the art ware- house space. Its superior high- way access and proximity to the Seagirt and Dundalk Marine terminals have been beneficial to logistics companies with multiple transportation needs. Ben Meisels with JLL rep- resented the tenant and Orcino represented Duke Realty in lease negotiations. MAREJ
Commerce Center,” said Bat - tista Orcino , VP, leasing and development for Duke Realty’s properties in the Washington, DC, Baltimore and Raleigh. “Increased supply chain activ- ity has fueled Ace Logistics’ growth and need for additional warehouse and distribution space. Thanks to our trusted and lasting association, we were able to find the space they needed just steps away from their existing space — strengthening our landlord/ tenant relationship.” Duke Realty’s Chesapeake Commerce Center is a first-
Local leaders from Sussex County attend topping off ceremony
conference rooms, locker rooms, bunk rooms, fitness room, ware - house, garage, and related staff and support areas. The project also includes renovations to the existing facility’s kitchen, MEP systems, and lobby. At the ceremony, Bancroft’s regional director and project ex- ecutive, Rob Jadick , said, “We [Bancroft Construction] are very grateful and proud to be a part of this project. Our purpose is not only to build buildings but build relationships in the community. We are very proud to support Sussex County’s first responders.” The existing EOC facility will remain in operation through- out construction, requiring our construction team to work diligently with the County’s Public Safety logistics teams to ensure zero interruption and that services being provided are uninterrupted to residents of Sussex County. Construction is expected to be completed by mid-February of 2023. MAREJ
GEORGETOWN, DE — Lo- cal leaders from Sussex County came together with both the construction and design teams for a topping off ceremony to watch the last 30-foot steel beam of the new Sussex County Public Safety Building Addition be lifted into its final place. This ceremony symbolizes a significant project milestone, marking the halfway comple- tion point of the 20,000 s/f addition to the existing Sussex County Emergency Operations Center (EOC). The addition, designed by GMB Architects and RMF Engineering , will house all the County’s public safety re- sources in one location, creating a consolidated public safety complex for 911 dispatchers, paramedics, and other first responders. The new state-of- the-art training and education facility will allow more people to be trained in larger, more ef- ficient class sizes. It will also in - clude offices, simulation rooms,
LaMotte Company chooses Newark, DE for manufacturing and R&D expansion
SVN Miller Commercial closes Salisbury, Maryland free-standing office building
Pencader Corporate Center
caliber are especially rare as it presents a stable, long-term in- come through federal tenancy. Mears and Miller collaborated closely to ensure this off-market property was handled confiden - tially and securely. “It has been my pleasure to work closely with Brent and his buyer on this deal. Their professionalism and confidence in this property ensured a successful closing for all parties involved,” said Mears. MAREJ
SALISBURY, MD — Mere - dith Mears , advisor with SVN Miller Commercial Real Estate and Brent Miller , executive director have closed on 2112 Windsor Dr., Salis- bury. The property is a unique, single-tenant free-standing office building located in the Wicomico County Industrial Park. Mears represented the seller, a local investor, and Miller brought the buyer. Investment properties of this
and innovative development.” LaMotte will hire more than 50 employees immediately with future plans to have more than 100 people working at the site within three years. Positions will include skilled technicians, production line and warehouse workers, ad- ministrative positions, and engineers and chemists. Proximity to the intellectual resources of the University of Delaware was a key reason for
LaMotte’s choice of Newark, Delaware, over other Mid- Atlantic locations. The company intends to collaborate with the university’s College of Engi- neering and Lerner College of Business to develop an intern- ship and employee pipeline. It also plans to partner with Dela- ware’s vocational high schools and Delaware Technical Com- munity College to address its needs for technician and manu- facturing personnel. MAREJ
Made with FlippingBook Converter PDF to HTML5