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Real Estate Journal — Commercial Office Properties — February 23 - March 15, 2018 — 11C
M id A tlantic
NAI E mory H ill
By Neil Kilian, CCIM, SIOR, NAI Emory Hill Transition from Single Tenant to Multi-Tenant: Delaware Developer’s Commitment is Paying Off
T
he Emory Hill Compa- nies are experiencing strong leasing activity
while wrap- ping up ex- tensive ren- ovations at Little Falls Centre I in western sub- urban Wilm- ington which will include
Little Falls Centre I & II
Little Falls Centre I interior
Neil Kilian
world class amenities that, when added to its existing premier location and property features, will truly make it shine amidst the ever-evolv- ing Delaware class A office market. The latest renovations were sparked by the departure of CSC, a global firm that moved from Little Falls I into its own newly constructed North American HQ building which is virtually across the street from Little Falls Centre. Less than six months after the renovations began, more than half of the building has already been leased to several major tenants including Invista, the world's largest integrated fiber, resin and intermediates company with 10,000 employ- ees in over 20 countries world- wide, and Cover + Rossiter, a local CPA firm. The Little Falls Centre campus is located on Center- ville Rd. near Lancaster Pk. (Rte. 48) and encompasses two glass-ensconced, 100,000 s/f, four-story office buildings with scenic overviews of both the downtown Wilmington city skyline and the surround- ing countryside. Built in 1987 with their serpentine-shaped granite and glass facades, marble lobbies and high-speed elevators, the original office buildings at Little Falls won several awards for their beau- tiful and innovative design and construction. Emory Hill, a full-service commercial real estate firm, immediately got to work plan- ning an overhaul of the build- ing with the help of local ar- chitects, Mitchell Associates. The newest amenities will include features that again break ground in the DE office scene including: a new kitchen and café with a coffee bar and self-serve food service; a newly expanded fitness center with upgrades such as a yoga room and new locker rooms; new restrooms; new common con- ference rooms with updated, state-of-the-art technology,
acoustics, writeable surfaces, contemporary lighting and decor; and newly remodeled lobbies and common areas. The campus also features 700-plus free surface parking spaces and has approval for a
parking garage with another 550 covered spaces and rooftop deck. Other amenities include public transportation access, on-site uniformed security of- ficers, electronic key fob access and alarm monitoring, and
the fact that there is no city wage tax. Other tenants at Little Falls include Morgan Stan- ley/Smith Barney, PNC, RBC Bank and Gunnip & Co. Cur- rent availability in Little Falls
I includes +/- 50,00 RSF on the second, third and fourth floors and +/- 3,485 RSF on the first floor at Little Falls II. Neil Kilian, CCIM, SIOR is a principal at NAI Emory Hill. n
Commercial Real Estate Services: Sales and Leasing Tenant & Landlord Representation Commercial Construction Property Management Maintenance All of your office needs under one roof!
Little Falls Centre I in Wilmington, DE is a newly renovated* 100,000 SF, four-story, Class A office building featuring world class
amenities including: • Fitness & Yoga Center • Cafe with Food Service • Shared Conference Facilities with State-of-the Art Technology
• New Lobbies, Elevators, Decor, Lighting • 24/7 Security and On-Site Management • Scenic Views, Plenty of Free Parking, More! *Renovations to be completed in Q2, 2018
For more information contact Neil Kilian, CCIM, SIOR: neilkilian@emoryhill.com
10 Corporate Cir., Ste. 100, New Castle, DE • 302-322-9500 18335 Coastal Highway, Lewes, DE • 302-827-4940 www.NAIEmoryHill.com
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