Downtown Wilmington Office trades for $84 Million

Downtown Wilmington Office trades for $84 Million

Adrian Ponsen, Director of Market Analytics and Senior Real Estate Economist at CoStar, breaks down the recent sale of the 283,000 square foot Chemours office condo in Wilmington DE.

Buccini/Pollin Group sold the portion of their 950,000 sf DuPont office building to an international private equity fund at a record price of $297/sf, signaling a desire for long-term office tenants in the Wilmington market.

Full Story Here >>>