Press Release brought to you by Patterson-Woods Commercial Properties/CORFAC International

Patterson-Woods Commercial Properties/CORFAC International Facilitates $1.08 Million Sale of a Retail Building in Wilmington, DE

10/08/2015

Patterson-Woods Commercial Properties/CORFAC International Facilitates $1.08 Million Sale of a Retail Building in Wilmington, DE

Wilmington, DEL. (October 8, 2015) - Patterson-Woods Commercial Properties/CORFAC International, a leading full-service commercial real estate provider serving the Mid-Atlantic market, today announced the completion of the sale of a 2,400 square-foot retail building located at 3805 Concord Pike in Wilmington, Delaware.

The property was sold by C & J Commercial, LLC  to Half Acre Cap, LLC of Delaware for $1.08 million.

Charles Woods, SIOR, Principal at Patterson-Woods, represented the buyer in this transaction. Long & Foster represented the Seller.

The property was formerly a 4-bay auto repair shop. Concord Pike is a prime submarket in Northern Delaware that is constantly in-demand, with retail centers lining the road from Wilmington to the Pennsylvania border. "It is unknown what the buyer intends to use this property for," said Woods. "Concord Pike remains the premier location for commercial ventures."

About Patterson-Woods/CORFAC International:

Patterson-Woods Commercial Properties/CORFAC International is a leading commercial real estate services firm specializing in the Mid-Atlantic commercial property markets. We have been providing the most complete selection of commercial real estate services to the communities of Delaware, Maryland and Pennsylvania for over 50 years. Patterson-Woods Commercial Properties is a second generation company well known for facilitating solutions to the needs of the business community and developers of real property. For more information on Patterson-Woods/CORFAC International, contact the company's Wilmington, Delaware headquarters at 302-622-3500 or visit www.pattersonwoods.com

About CORFAC International

CORFAC International is comprised of privately held entrepreneurial firms with expertise in office, industrial and retail, tenant and landlord representation, investment sales, multifamily, self-storage, acquisitions and dispositions, property management and corporate services. Chicago, IL-based CORFAC has 48 offices in the U.S., 7 in Canada and 24 offices internationally. Founded in 1989, CORFAC firms completed (in 2014) more than 10,000 lease and sales transactions totaling 400 million square feet of space valued in excess of $7.4 billion. For more information on the CORFAC network, call the Chicago headquarters at 224.257.4400 or visit www.corfac.com.

 

 

10/08/2015 - 14:00

Source

Patterson-Woods Commercial Properties/CORFAC International

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