State: Delaware - DE

A venture of the Meridian Group and Martin-Diamond Properties was the buyer of five JCPenney stores with nearly 900,000 square feet in the mid-Atlantic region. As previously reported, Copper Property CTL Pass-Through Trust sold the five stores for $53 million. They ...

Equus Capital Partners Ltd. has paid $28.4 million, or $117/sf, for 399 and 411 Churchmans Road, a pair of neighboring industrial buildings with a total of 242,800 square feet in New Castle, Del. The two buildings are 48 percent leased, ...

Lender 3650 REIT has provided $85 million of permanent mortgage financing against the WSFS Bank Center, a 371,222-square-foot office building in Wilmington, Del. The loan, funded through the lender's stable cash-flow investment platform, has a 10-year term and allowed the ...

Philadelphia Business Journal MRA Group Inc. has paid $40 million, or $51.28/sf, for Dupont Chestnut Run Plaza, a 780,000-square-foot office and laboratory property in Wilmington, Del. The Horsham, Pa., developer bought the 14-building complex from DuPont Corp., which at one ...

Philadelphia Business Journal Westover Cos. is planning to convert the 112,000-square-foot office building at 901 North Market St. in Wilmington, Del., into an 82-unit apartment property. The King of Prussia, Pa., company bought the 14-story building at a 2017 auction ...

Philadelphia Business Journal Buccini/Pollin Group Inc. plans to build the 203-unit Crosby Hill apartment complex in Wilmington, Del. The three-building property is being planned for a former parking lot site at 517 Shipley St. It will include 124 underground parking ...

Dwight Capital has provided a $50.7 million loan under the U.S. Department of Housing and Urban Development's 223(f) program for the 214-unit Residences at Justison Landing apartment property in Wilmington, Del. The loan allowed the property's owner, a venture of ...

Philadelphia Business Journal Farmers Insurance Group is planning to vacate 210,975 square feet at 3 Beaver Valley Road, a 263,503-sf office building in Wilmington, Del. The company's lease expires at the end of 2024, but it has the option to ...

Dwight Capital has written a $28 million loan under the U.S. Department of Housing and Urban Development's section 223(a)(7) against the 300-unit Middletown Apartments in Middletown, Del. The loan allowed the property's owner, an affiliate of Lenape Properties Management Inc., ...