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Author Archives: Nick

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Recent Lease Transaction – 219 Station Road

Category : Lease Announcement

ECCRE is excited to announce the recent lease signing by Prestige Scientific for a new office space location at 219 Station Road. The New Facility will allow for the company to expand. They signed a long term lease for the office suite, which they plan to grow into.

Brokers Nicholas Silivanch and Barry Padgett Represented the tenant in the lease.

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When Grocery goes bad – Case In Point on Development Hazards

Category : Market Knowledge

When a site makes sense for a developer, it is hard to pass up. When a site has a tenant or occupier who is interested as well in the site, its almost perfect. That is the case study here on the Lidil deal on 17th street where the developer had once of the users for the property lined up. Went through the process for permitting, made the hurdles with the city and then lived up to their part of the contract. Sadly the end user didn’t live up to theirs and as a result this is what happens.

Click here for more information on what happens when development goes south.

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ECCRE Helps Axes Fly in Wilmington … Literally

Category : Lease Announcement

LEASED – 1122 S 3rd Street – The new location for Axes and Allies

ECCRE is excited to announce the following transaction brokered by Julie Stephenson.

The property formerly known as Red Barn Theater will now become Axes and Allies, a Axe throwing venue serving wine and beer. For more details check out the Greater Wilmington Business Journal Article here.