Retail Sale in Claymont, DE by NAI Emory Hill
Claymont, DE - PennTex Ventures out of Greensburg, PA, a regional developer for several retail chains, recently purchased 2605 Philadelphia Pike in Claymont for the development of a retail store.
NAI Emory Hill agents Beck y Harrington and Lorraine Sheldon represented the seller, Crerand-Olson, LLC. The .89-acre property, now vacant, was formerly home to the Coach House restaurant. MSC Retail represented the Buyer.
Plans are for a 7,225 SF store to be built on the property. PennTex is a family-owned and operated full service real estate development company founded in 2009 and its development activities are primarily located in Pennsylvania, Maryland, Ohio, West Virginia and Delaware. PennTex is a development partner for a growing list of national brand retailers such as Dollar General, ALDI, Buffalo Wild Wings, Pet Smart, Aspen Dental and others.
“As a member of the Claymont Board of Directors as well as a commercial real estate agent, I am excited that our town is growing and continues to attract businesses that will boost the economy and provide jobs,” Lorraine Sheldon said. “We are thrilled to be part of this growth and are thankful that firms like PennTex see the value in our community.”
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