Type to search

News Briefs

DSM acquires Concord Pike strip mall for $2.2M

Avatar photo
Share

DSM Commercial bought this Concord Pike strip mall for more than $2 million in July. | PHOTO COURTESY OF GOOGLE

WILMINGTON – DSM Commercial has purchased a Concord Pike strip mall for more than $2.2 million, according to county land records.

Two separate sales in July saw a subsidiary limited liability corporation managed by the Witting family, who lead the Wilmington-based, full-service commercial real estate development, construction and management firm, acquire the 8,710-square-foot shopping center at 2308 Concord Pike.

The sellers in the deal included Big Fred Investments LLC, managed by Fred Krapf III, and Concord Pike Property LLC, managed by John Scheuerman.

The retail center along the U.S. Route 202 corridor features Mattress Firm, Green Drop and China Inn as tenants. 

Dave Morrison and Jim O’Hara Jr., of NAI Emory Hill, represented all sides in the transaction. 

By Jacob Owens

jowens@delawarebusinesstimes.com

Get the free DBT email newsletter  

Follow the people, companies and issues that matter most to business in Delaware.

Tags:

You Might also Like

Leave a Comment

Your email address will not be published. Required fields are marked *

Premier Digital Partners

© 2022 Delaware Business Times

Holiday flash sale! Subscribe to Delaware Business Times and save 50%.

Limited time offer. New subscribers only.

Holiday flash sale!

Subscribe to Delaware Business Times and save 50%

Limited time offer. New subscribers only.