Prominent Downtown Wilmington Building Sold
Wilmington, DE - 927 Orange Street, located on the highly visible corner of 10th and Orange Streets in Downtown Wilmington, has been sold. The buyers are WT Partners LLC, a local investment group who plans extensive renovations to the property.
The mixed-use building features long established retailers Downtown Cleaners and the Benjamins on 10th Restaurant as ground floor tenants. The new owners will construct and deliver 6 newly renovated apartment units on the upper three floors.
The building is ideally located directly across from the Nemours Building and caddy-corner to the Hotel DuPont. The seller, Tsaganos Brothers Investments LLC had owned the property since 1983. Jon Hickey of NAI Emory Hill was the sole broker in the transaction.
For more information contact: JonHickey@EmoryHill.com, 302-322-9500
About NAI Emory Hill
NAI Emory Hill represents NAI Global in Delaware and Cecil County, Maryland and is a division of the Emory Hill Companies, which provides Delaware and the Mid-Atlantic region with commercial real estate brokerage, construction, property management, maintenance and residential real estate sales. Complete information is available at: www.emoryhill.com