In the second quarter of 2024, northern Delaware's office vacancy hit 18.5% thanks to Incyte's completed purchase of two former Bank of America buildings for $34 million.
Despite the state buying One Custom House, vacancy rates in Wilmington’s central business district have risen. Still, analysts see some warning signs.
Title: Senior Managing Director Workplace: Newmark Alma Mater: Duke University When it comes to Delaware’s office market, there are few as well connected as Newmark Senior Managing Director Wills Elliman. […]
Title: Senior Managing Director Workplace: Newmark Boards: Wilmington Alliance Q&A: What’s something interesting about you that isn’t on your resume? “I’m an avid offshore fisherman.” Since joining Newmark in 2001, […]
The overall vacancy rate for northern Delaware dropped to an adjusted 20.9% for the final months of the year, performing better than the surrounding region.
Premier Digital Partners
© 2024 Delaware Business Times
