New Firm Aims To Grow Its Stake In Wilmington's Industrial Real Estate
January 23, 2020
// WILMINGTON BUSINESS JOURNAL
WILMINGTON-A new commercial real estate investment firm has three Wilmington industrial properties in its portfolio and a possible industrial development on its way this year.
Tim Skender, principal at Edgewater, said the acquisition was a good opportunity in a submarket that is thriving. "We’re big believers in lifestyle office or neighborhood office," he said. "1800 Central is well-located, in a dynamic, growing (submarket) where the neighborhood is the amenity for the people who office there. There’s a lot of momentum in Plaza, broadly speaking."