State: Delaware - DE

Commercial Observer A lender group led by Apollo Global Management and Pearlmark has provided $103 million of financing to fund the second phase of the conversion of the former DuPont headquarters in downtown Wilmington, Del., into apartments. The second phase ...

Lenox Group has paid $30 million, or $121.60/sf, for the 230,255-square-foot Eden Square retail property in the Wilmington, Del., suburb of Bear, Del. The Atlanta investor bought the property, at 100 Eden Circle, from Acadia Strategic Opportunity Fund IV, a ...

Commercial Real Estate Direct Staff Report Brandywine Realty Trust is planning to convert part of the 298,071-square-foot office building at 300 Delaware Ave. in downtown Wilmington, Del., into 232 apartment units. The 17-story building was just 50.6% occupied as of ...

REBusiness Online AMS Fulfillment has leased 181,074 square feet at the 366,770-sf industrial property at 710 American Blvd. in the Wilmington, Del., suburb of Bear, Del. The property, which is under construction, is owned by a venture of Davis Cos. ...

Commercial Real Estate Direct Staff Report Bellevue Park Corporate Center in Wilmington, Del., which has been struggling with a growing vacancy rate, hasn't generated enough cash flow to fully service its mortgage debt. As a result, the $50.87 million loan ...

Commercial Real Estate Direct Staff Report The $22.91 million CMBS loan against Delaware Corporate Center I & II, a 200,275-square-foot office property in Wilmington, Del., has transferred to special servicer Rialto Capital Advisors as it's not expected to be paid ...

Commercial Real Estate Direct Staff Report The 447,439-square-foot 1201 North Market St. office property in Wilmington, Del., whose $74.43 million CMBS loan had defaulted at its maturity last November, has been appraised at a value of $44.8 million, according to ...

Commercial Real Estate Direct Staff Report Arch Street Capital Advisors has bought itself more time to refinance the matured $50.4 million mortgage against the 283,069 square feet of office space at the Chemours Building in Wilmington, Del. The Greenwich, Conn., ...

Commercial Real Estate Direct Staff Report McConnell Johnson Real Estate, which owns the 447,439-square-foot 1201 North Market St. office property in Wilmington, Del., was unable to refinance the property's $74.57 million mortgage when it matured last month. So, it's been ...