HHA Names Dan Rattay Broker of The Year for 2013
February 18, 2014
Broker of the Year – 2013
Dan Rattay – CB Richard Ellis
Harvey, Hanna & Associates, Inc. (HHA) is pleased to announce that Dan Rattay of CB Richard Ellis (CBRE) has been selected as its “2013 Broker of the Year.” Since inception, this is the first time that any individual broker has won the award for two consecutive years.
In the midst of a recovering but still fragile real estate market, Mr. Rattay contributed to HHA’s continued success in 2013.
Mr. Rattay successfully negotiated the renewal of a multi-year lease for Zenith Products Corporation at 499 Ships Landing Way (235,000) at the Twin Spans Business Park, HHA’s premier 21st Century business campus. Zenith provides storage and organizational products to retail household and business markets. These products include, but are not limited to, bathroom supplies and fixtures, cabinets, plumbing supplies, and decorative accessories.
In a deft move, Mr. Rattay also facilitated the multi-year renewal of Lyon, Conklin, & Company, Inc., a Ferguson Enterprise, at 200 Anchor Mill Road (61,000 sq ft) at Twin Spans Business Park, thereby preserving local jobs and accommodating partially vacated space for new tenants in this building. Ferguson is the largest distributor of residential and commercial heating and cooling products, including world-class brands of ventilation equipment, grilles, registers, sheet metal, controls, water heaters, refrigerants, and more.
Twin Spans Business Park is routinely considered the premier distribution campus in the mid-Atlantic region, featuring 2 million sq ft of Class A commercial warehouse space spread across 135 acres of land along the Delaware River. Twin Spans offers further superior logistics throughout the mid-Atlantic region and points beyond, with immediate access to I-95, I-295, I-495, and the Delaware Memorial Bridge.
“Dan’s accomplishments were significant, again demonstrating his many attributes of grit, determination, innovation, and a commitment to excellence,” stated Thomas J. Hanna, HHA vice president and chief operating officer.
In recognition of Mr. Rattay’s achievements, HHA will donate $3,000 in the name of CB Richard Ellis to The Delaware KIDS (Kids In Distressed Situations) Fund. This charitable fund was established by HHA to support a wide array of causes for local youth, including specialized support for hunger, shelter, and tuition scholarships.
Special Points of Interest for 2013:
Capping a tremendously successful year, the Hyatt Place Hotel, the first-ever Hyatt brand in Delaware, officially opened in Dewey Beach on September 19, 2013, with Governor Markell and other dignitaries on hand. The Hyatt is part of the new Lighthouse Cove Resort complex (formerly Ruddertowne), a multi-phased multi-million dollar mixed use redevelopment project owned by Dewey Beach Enterprises, with managing partner HHA. The Lighthouse Cove Resort complex will ultimately include 105 luxury residential condominiums, 16 of which are oceanside penthouse condominiums atop the Hyatt Place Hotel; a future conference center; recreational baywalk and newly expanded public beach; garage parking to accommodate year-round activity; and world class restaurants and retail space. Of the 16 oceanside penthouse condominiums, more than half of these once-in-a-lifetime units have sold. The Lighthouse Cove Resort complex is already a legacy addition to the Delaware coastline and is contributing substantial new revenue to State, county, and town coffers.
WarpEx, Inc., a global logistics network firm founded in 2008, expanded its relationship with HHA and shifted its growing operations from 10,885 sq ft at the Delaware River Industrial Park (DRIP) to 31,000 sq ft at 599 Ships Landing Way at the Twin Spans Business Park in New Castle.
The Creekwood Corporate Center and immediate area experienced significant activity in 2013. HHA welcomed National Pump & Compressor to 900 West Basin Road (12,880 sq ft) in New Castle. Marking its first foray into the northeast region, National Pump & Compressor provides pumps, compressors, dryers and related equipment to businesses and municipalities. An expansion of the warehouse at 19 East Commons Boulevard made way for the addition of Worth & Company (12,657 sq ft), a full-service mechanical contracting firm; and the opening of a new regional store for Johnstone Supply (9,600 sq ft), a top nationwide wholesale HVAC distributor.
Building upon the company’s redevelopment activity in the Newport Industrial Park and the emergence of a new generation of tenants, HHA welcomed Café 24 (31,200 sq ft) to complete the fit-out of the new building at 500 Water Street along with previous tenant Total Trax. Café 24, also recognized as E-Tree, provides import-export services to numerous Asia Pacific markets. HHA reconfigured 405 East Marsh Lane to accommodate the new regional headquarters of Compassionate Care Hospice (CCH)(3,000 sq ft). HHA also welcomed Auto Part International (9,000 sq ft) to 401 East Marsh Lane to complement existing tenants Speedpro Imaging Company (3,000 sq ft), Sid Tool Company d/b/a MSC Industrial Direct Inc. (6,000 sq ft), and LP Logistics d/b/a Trial Transport (3,000 sq ft).
Hockessin Crossing shopping center enjoyed another exceptional year with continued acceleration in retail activity. HHA was pleased to welcome Dr. William Gonce, DDS PA (2,300 sq ft) and Schagrin Gas (3,510 sq ft) thereby joining Yale Academy (2,300 sq ft), a college preparatory center for high school students, and Hockessin Dance Center (1,600 sq ft), a dance studio versatile to all ages, to the newest building at Hockessin Crossing.
In total, HHA leased new space encompassing 121,897 sq ft and further extended leases in excess of 705,047 sq ft in 2013.
Past Winners of the “Broker of the Year” Award:
2000 – Steve Italiano, CB Richard Ellis
2001 – Peter Greenhalgh, Cushman & Wakefield
2002 – Bart Mackey, Patterson Woods
Dave Veldman, Veldman Commercial
2003 – George Gowen, Avir Realty Group
Fran Mahoney, Cushman & Wakefield
2004 – Greg West, Colliers L&A
Mark Chubb, Colliers L&A
2005 – Bill Goodwin, CB Richard Ellis
Mike Hines, CB Richard Ellis
2006 – Pete Davisson, Jackson Cross Partners
Cindy Fleming, Jackson Cross Partners
2007 – Harry Thomes, The Staubach Company
2008 – Patrick Gioffre, Jim O’Hara Realty Associates
2009 – Stan Danzig, Cushman & Wakefield
Jules Nissim, Cushman & Wakefield
2010 – Ken Parker, Newmark Knight Frank
2011 – Steve Italiano, CB Richard Ellis
Ken Musi, Musi Commercial Properties, Inc.
2012 – Dan Rattay, CB Richard Ellis
Harvey, Hanna & Associates, Inc. (HHA) is a full service Commercial Real Estate Redevelopment Company featuring 3,000,000 square feet of prime location commercial, retail, and industrial real estate in Delaware.