Commercial Real Estate News | Harvey Hanna


The Boxwood Project Update – September 2018 Edition

September 20, 2018

Harvey Hanna & Associates continues to make progress on its mission to transform the former General Motor plant on Boxwood Road into a modern business and distribution campus that can serve as a new and lasting economic engine for Delaware. While that process moves forward, however, there has been no shortage of activity at the property.

Recently, heavy rains caused the Red Clay School District’s bus depot to flood, leaving no place to store and deploy its fleet. Thankfully, Harvey Hanna was able to offer them the Boxwood property in its place, and we welcomed more than 90 school buses throughout the coming weeks.

Harvey Hanna offers Boxwood parking lot to Red Clay due to flooding.

In late July, Wilmington’s Five Points Fire Company hosted a training for area fire companies at the property, where firefighters learned self-survival skills and forcible entry techniques. Using the empty former plant, they trained using high rise packs and employed different tools in mock firefighting scenarios that could not be performed without a large and spacious building at their disposal. In March, we welcomed police officers from the Delaware State Police and local agencies for several days as they conducted their regular police K-9 training sessions.

Five Points Fire Company’s training held at Boxwood.

As longtime members of the community, Harvey Hanna knows first-hand what the former plant has meant to so many of our residents over the last six decades. While the process of redeveloping and revitalizing such a large property is a lengthy one, we are taking every step we can to ensure the plant property remains a valuable asset for the community along the way.




Study Finds Redevelopment of Former GM Plant in Wilmington, Del. To Create More Than 2,100 Permanent Jobs

May 31, 2018

MEDIA CONTACTS:
Dan Ivers
201-509-2913
divers@beckermanpr.com
FOR IMMEDIATE RELEASE

 

Study Finds Redevelopment of Former GM Plant in Wilmington, Del. To Create More Than 2,100 Permanent Jobs

Harvey Hanna & Associates’ Plan for Modern Distribution & Business Campus Holds Potential for $281 Million in Economic Impact Per Year

 

Wilmington, Del. (May 30, 2018) — Harvey Hanna & Associates, Inc., a leading Delaware-based commercial real estate redevelopment firm, today announced the results of a study commissioned to measure the economic impact of its planned redevelopment of the former General Motors plant in Wilmington, Del. into a thriving, state-of-the-art business, fulfillment and distribution campus.

The report, prepared by Philadelphia-based Econsult Solutions, found that upon completion, Harvey Hanna’s exploratory plan for the property would produce more than $281 million in annual impact, largely through the creation of more than 2,100 permanent jobs in logistics, distribution, engineering, transportation and an array of support industries and services. The project would also create another 160 jobs annually over an estimated nine-year construction period.

“Since purchasing the former GM plant in 2017, Harvey Hanna’s plans for the property have been focused on a singular mission to create thousands of lasting, 21st century jobs for the residents of Wilmington, New Castle County and greater Delaware,” said Thomas J. Hanna, President of Harvey Hanna & Associates. “This study affirms our belief that creating a modern distribution and business campus can help restore this property’s long history as a vital source of employment and a nucleus for the local economy.”

According to the study, construction of the new business and distribution campus would generate a total of $6.8 million in taxes for the state of Delaware. Once construction has been completed, the reimagined property would also generate more than $7.6 million in annual revenue through personal and business taxes, as well as $2.4 million in new property taxes annually for the Red Clay School District and New Castle County.

In addition, the study found Harvey Hanna’s transformation of the former plant will also have a positive impact on property values in its immediate vicinity, driving the median home price up roughly 14 percent from $215,000 to $245,000 or higher, exclusive of inflation.

“We must win the future,” said New Castle County Executive Matt Meyer. “This is further proof that Harvey Hanna’s redevelopment vision could create thousands of jobs and transform our largest shuttered factory into an economic engine for generations to come.”

Filed with the New Castle County Department of Land Use in April, Harvey Hanna’s Brownfield Redevelopment concept plans call for the complete demolition of all dormant buildings on the 142-acre property, to be followed by the construction of 3 million square feet in new commercial space spread across four buildings with a lower overall footprint than the previous structure. If approved, the buildings would be constructed in multiple phases, with additional green space, improved storm water management and new landscaping buffers added to the new business and distribution campus. The plans are conceptual in nature, and must be reviewed and approved by New Castle County as well as other state regulatory agencies.

“The transformation of the former GM plant from a vacant brownfield to a thriving center of jobs and commerce holds the potential to create economic impact far beyond the property itself,” said Hanna. “By generating new jobs, raising property values and creating additional tax revenue, we hope to serve as a catalyst for the revitalization of downtown Newport and other communities across the region.”

The economic data does not reflect other redevelopment efforts planned by Harvey Hanna as part of a wider effort by Harvey Hanna to transform underutilized areas of New Castle County, specifically in and around the greater Newport area. The firm is currently pursuing $150 million in transit-oriented development of 400,000 square feet of mixed-use commercial transit oriented development around the SEPTA rail station in downtown Newport, Del., where future employees at the Boxwood Road property can live, eat, shop and play. Harvey Hanna’s plans for the Newport development also include an environmental center advocated by town officials, as well as a Riverwalk trail that will connect with the New Castle County bicycle and pedestrian trail network currently under construction.

Harvey Hanna acquired the Boxwood Road property in 2017 with the goal of redeveloping its more than 3 million square feet of industrial and office space. The longtime former home of a General Motors automotive plant, the property is strategically located along the I-95 corridor and is set in one of the country’s major population base, making it an ideal setting for distribution, fulfillment and logistics users and businesses. Offering easy access to major markets including Philadelphia, New York City, Baltimore and Washington, D.C, the property is a springboard to multiple major U.S. highways, including I-95, I-295 and I-495.

The property is also equipped with full access to area rail lines, allowing distribution or fulfillment companies to both ship and receive goods from across the region, and is just minutes from the growing Port of Wilmington, which handles more than 400 ship calls and 6.8 million tons of cargo each year.

About Harvey Hanna & Associates, Inc.
Founded in 1998, Harvey Hanna & Associates, Inc. is a Newport, Delaware-based real estate development company with a significant record of success related to the acquisition, redevelopment and repopulation of underutilized properties in the Mid-Atlantic region. Led by Thom Harvey and Thomas Hanna, the company has acquired and developed more than 5.2 million square feet of space, including 2.8 million square feet of industrial space. Harvey Hanna has deep personal and professional roots in Newport and the surrounding Delaware community, and the company’s comprehensive understanding of both the Boxwood property’s history and the Newport community has helped shape its vision for a first-class commercial campus that will become a critical economic driver for the region.

###
Read Boxwood Site Economic Impact Study




The Delaware River Industrial Park is Now Leasing 100,000 S.F. Warehouse

February 20, 2018

Harvey Hanna is NOW LEASING its brand new 100,000 SF building at Delaware River Industrial Park that is conveniently located in New Castle, Delaware. The fully improved 45 acre park offers quick access to the entire northeast corridor –Delaware Memorial Bridge, I-95, I-295 and I-495.

The Delaware River Industrial Park is 34 miles from Philadelphia and minutes from the Port of Wilmington, which is the top banana port in the United States. It’s also the nation’s biggest fruit and juice concentrate importer with the largest dock-side refrigeration business.

It is located within a ‘targeted zone’ offering comparably low property taxes and other possible credits and incentive. The brand new park offers modern construction with ample load and trailer storage. Delaware is the rated #1 in ‘business friendliness’ according to CNBC’s 2014

It features 6.45 acres of 100,000 square feet of space zoned “HI”, allowing for a wide array of uses including warehouse, manufacturing, R&D or laboratory. The building has a 32 foot clear ceiling height, ESFR sprinkler system and 4 loading docks.

The park is completely improved with heavy-duty roadways and all utilities including, electric, gas, water and storm water retention. Special improvements at the park include a fire control system with a 312,000 gallon on-site water tank and high flow fire pump.

Delaware is centrally located on the northeast corridor with easy highway access. This, along with Delaware’s lower property taxes and skilled labor force, makes it attractive to the national and regional companies.

“The logistics industry can be a very, very strong source of growth for Delaware because of our workforce. Those people who lost their jobs at Chrysler and GM when those plants closed and the people who were downsized in the Dupont Corp., a lot of those folks are still here. They didn’t go away. If we’re wise about handling it, logistics can really provide a source of employment for those people,” Hanna said.

Harvey Hanna already owns 2.58 million square feet of warehouse, distribution and logistics space in the Delaware, ranging from 5,400 square feet to the 430,000-square-foot former Five Below distribution center in their Twin Spans Business Park in New Castle.

For more information call: Thomas J. Hanna (302) 323-9300 Ext.112 thanna@harveyhanna.com / www.harveyhanna.com




HHA Looking for a Marketing Assistant

February 13, 2018

Harvey, Hanna & Associates, Inc.

Marketing Assistant 

Job Summary:

A dynamic full service commercial real estate and redevelopment firm located in Wilmington, Delaware is seeking a qualified and experienced individual for a marketing assistant position for a successful full-service real estate development firm and its various entities.

The Marketing Assistant will be working with the Director of Marketing and Commercial Leasing Associate to help achieve all company marketing, advertising, public relations and general leasing objectives.

Essential Duties and Responsibilities

  • Draft and develop custom proposal and presentation packages for the lease and sale of commercial real estate assets
  • Maintain brand consistently by applying templates to produce marketing materials including flyers, proposals, and presentations
  • Create and improve standard processes and related checklists
  • Drive investor interest through marketing via Constant Contact and other online marketing systems
  • Create and manage custom email marketing campaigns
  • Maintain and organize marketing timelines and deadlines
  • Update and maintain databases
  • Manage all social media platforms
  • Assist with vendor and tenant relations
  • Assist with coordination of business development events
  • Assist in generating leads for commercial real estate, which consists of researching, cold-calling, postcard mailers, advertisements, (Costar, Loopnet, & other websites) marketing packages, property showings and prep, etc.
  • Attend trade events on behalf of the Company

Qualifications

  • Experience of Adobe InDesign and Photoshop required
  • Proficiency in Microsoft Office, including Word, Excel and Power Point
  • Commercial Real Estate and/or Residential Real Estate industry experience a plus
  • Proficiency across marketing channels including online, print, social and events
  • Strong creative writing and editing skills, i.e., spelling, grammar, punctuation
  • Detail oriented and deadline driven
  • Energetic, motivated and inspired

Minimum Requirements

  • Two years of marketing, design and public relations experience
  • College Degree- Marketing, Communications or other relevant discipline

Favorable salary, 401K health benefits and paid vacations for those qualified applicants

 


12 Snow and Ice Removal Tips for Commercial Property Owners

8 Tips to Safely Maintain Your Business Workplace This Winter

February 6, 2018

When freezing temperatures occur and the white stuff starts falling, commercial property owners face many challenges. Keeping a commercial property safe is a job many commercial property managers  dread this time of year.

Experienced property managers understand the need to implement risk-management in order to avoid costly law suits and to protect their tenants. It is wise to assess property needs and repairs well before winter arrives.

Snow and ice present some serious hazards that can be mitigated when properly handled. Not only will it protect your tenants and visitors, but it will protect your property. Preventing caustic substances from entering your building will protect flooring and lessen the chances of slips and falls.

Harvey Hanna and Associates, a Delaware Commercial Development Company, creates plans for all of its commercial properties in order to provide safety and comfort to its building’s tenants and visitor. Check out our winter safety tips below.

8 Winter Safety Tips:

 

1. Monitor Your Space Heaters– Portable space heaters are a safety hazard. Be sure to educate employees about safe space heater practices, such as keeping space heaters out of high traffic areas and to avoid sharing the outlet withy other electrical devices. Always turn off and unplug every space heater at the end of the work day.

2. Install Door Mats at All Entrances– This will help to keep the dirt, snow and mud outside. Quality door mats will reduce the possibility of slips. Protect your employees and customers. It’s not only the right thing to do, it’s the law!

3. Salt & Treat Entryway and Parking Lots– Ice melting mix solutions, such as salt, plays a major role in reducing slip-and-fall accidents. Even a light dusting of snow can lead to slippery conditions. Be sure to stock up early, as supplies can be hard to locate right before forecasted winter storms.

4. Protect Electronics and Data – Power outages can be critical if you fail to back-up company and client data daily, either onsite or through a hosted, off-site cloud service.  Always check to make sure your back-up system is working properly before a storm hits.

5. Avoid Electrical Shutdowns – If an outage occurs during business hours, turn off all computers and other equipment as a precaution against the sudden increase in voltage when power is restored.  Use surge protectors to absorb excess electrical energy and prevent it from reaching connected equipment once the power is restored.

6. Maintain HVAC Equipment– Proper maintenance of all HVAC units will lead to the best possible outcome for your building, not only in the winter, but throughout the year adding comfort, improved air quality, extended equipment life and cutting energy costs.

7. Winterize your Roof– The most common cause of winter damage to a roof is the continuous freeze/thaw cycle which can exacerbate any defects in the roof. While certain conditions are unavoidable, making sure you fix any current leaks, faulty flashing, loose shingles or metal sheets can make your roof better prepared to handle the freeze/thaw/freeze cycle.

8. Drains & Downspouts – Be sure to repair and clean out any drains or downspouts and ensure that they are not draining improperly into walkways, patios or parking lots.


About Harvey, Hanna & Associates- Established in 1997, HHA is a full service Commercial Real Estate Redevelopment Company featuring prime located commercial, retail, and industrial real estate in Delaware. After decades of sustained relationships with tenants of our commercial and industrial properties, Harvey Hanna & Associates has grown to be more than a landlord. Now a full-service Commercial Real Estate Development Company, offering 5.2 million square feet of prime-location real estate to the mid-Atlantic region, our occupancy rate exceeds 95% with an employee retention of 100%.


HHA Welcomes American Driver Training Academy to Delaware River Industrial Park

HHA Welcomes American Driver Training Academy to Delaware River Industrial Park

March 23, 2017

 

Harvey, Hanna & Associates, Inc. (HHA) is pleased to welcome American Training Driver Academy to the Delaware River Industrial Park in New Castle.

American Driver Training Academy recently celebrated the opening of their new facility by hosting an open house and ribbon cutting celebration on Friday, February 24th with the New Castle County Chamber of Commerce. Local businesses, clients and vendors attended the event which also featured truck demonstrations, door prizes, giveaways, food and refreshments.

“We are excited to welcome American Driver Training Academy to the Delaware River Industrial Park. Their business concept is an ideal fit with its immediate proximity to the Port of Wilmington, Delaware Memorial Bridge and access to the full interstate interchanges of I-95, I-295 and I-495,”said Thomas J. Hanna, COO / managing director, HHA.

American Driver Training Academy recently opened the new training facility by leasing 4,685 sf of office and 1.5 acres of training space at 618 Lambson Lane located at the Delaware River Industrial Park (DRIP) managed by HHA in New Castle, Delaware.

American Driver Training Academy is one of the premier truck driving academies in the region, specializing in CDL-A license truck driving training for drivers in Delaware, New Jersey, Pennsylvania and Maryland. From their experienced trainers to their modern truck fleet and state-of-the-art training center, American Driver Training Academy has a 97% graduate employment rate and offers lifetime job placement opportunities. American Driver Training Academy has placed jobs for graduates with over 100 companies nationwide. Key clients include Homeland Security and the Transportation Safety Administration. American Driver Training Academy also serves as the only on-site certification facility for the TWIC® (Transportation Worker Identification Credential) Card in Delaware on behalf of the Transportation Security Administration. To learn more about American Driver Training Academy, visit: http://www.americandrivertraining.com/


Harvey Hanna Commercial Real Estate DeawareAbout Harvey, Hanna & Associates- Established in 1997, 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.




HHA Congratulates 2016 Broker of the Year Dan Rattay

February 21, 2017

Dan Rattay - 2016 Broker of the Year
Dan Rattay

Harvey Hanna & Associates is pleased to announce that Dan Rattay , a Senior Associate at CBRE, has been selected as its ‘2016 Broker of the Year’. Rattay, a four time winner of the award, demonstrates a mastery of his position and a keen understanding of his clients’ needs.

Rattay specializes in sales and lease of industrial and office properties and was instrumental in bringing Hermann Total Distribution Services (TDS), to a major Delaware distribution hub. Hermann Total Distribution Services, a 4th generation family-owned business is leasing 125,000 square feet of warehouse, office and distribution space at HHA’s premier 21st Century business campus in New Castle, the Twin Spans Business Park.

In recognition of Mr. Rattay’s accomplishments, a donation of $3000 in the name of CB Richard Ellis will benefit the Delaware KIDS Fund, a non-profit organization founded by Thomas J. Hanna, VP of HHA in 2008. Delaware KIDS Fund is an acronym for ‘Kids in Distressed Situations’ that helps at-risk children in Delaware who may face violence, abuse, family financial troubles, or other distressing situations.

Mr. Rattay’s accomplishments extended into the Newport Industrial Park as well, helping HHA secure New Genzyme Inc. (31,000 sq ft) at the newly created 500 Water Street complex.  New Genzyme is an innovative manufacturer of soy-based food grade products and intermediates using proprietary technologies.

 

“Dan’s accomplishments are a significant part of our success, and further demonstrate his many attributes of grit, determination, innovation, and a commitment to excellence,” stated Thomas J. Hanna, HHA vice president and chief operating officer. Our firm was fortunate to have leased almost 600,000 square feet of space in 2016, and Dan played a significant role in our success”.

 

About Harvey, Hanna & Associates- Established in 1997, 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.

Read the Press Release


12 Snow and Ice Removal Tips for Commercial Property Owners

12 Snow and Ice Removal Tips for Commercial Property Owners

January 24, 2017

 

Keeping a commercial property safe when the white stuff starts falling and the temperatures dip is a job many commercial property managers  dread each winter. However,  it is wise risk-management to assess property needs and repairs well before winter arrives.

Snow and ice removal is serious business and developing a snow preparedness plan tsnow and ice managementhat provides for a safe and non-disruptive environment for building tenants is not something  those of us at Harvey Hanna & Associates take lightly.

We understand the importance of having our property and grounds ready to face the challenges that winter can bring.  HHA creates a fully comprehensive winter management plan well ahead of time.

Risk management should be at the forefront of each Snow and Ice Preparedness plan. Simple mistakes can cost a commercial property manger a great deal of money and be harmful to tenants. We have developed this Snow and Ice Preparedness Checklist to help get your commercial property compliant and ready to face even the fiercest weather this winter.

12 Snow and Ice Preparedness Tips for Commercial Property Managers:

  1. Create a Slip, Trip and Fall Prevention plan, including use of weather proof floor Mats and Warning Signage
  2. Set up and/or review snow removal contracts and assure you have adequate protection.
  3. Have a plan in place to keep sidewalks and parking lots free of ice and snow accumulations.
  4. Be prepared: stockpile now for ice with salt, ice melt and shovels. It’s always a good idea to have a bucket stocked near entry ways all season long.
  5. Get all snow blowers, plows and shovels ready for use.
  6. Assess all exterior lighting to ensure it is illuminating all walkways properly
  7. Examine all downspouts and roofs for proper drainage.
  8. Eliminate water drainage across key walking areas from downspouts and roofs.
  9. Plan to control wet walking surfaces inside and out with appropriate mats and warning signs.
  10. Create a weather emergency plan – assemble flashlights, batteries, emergency weather radio and an emergency contact list.
  11. Create a plan for loss of power, including considerations for maintaining heat and preventing frozen pipes. Establish safe equipment shut down procedures
  12. Guard Your Technology and Data – Fully test and service generators to ensure they are ready for use. Winter weather always has the potential to cause power outages due to ice and wind. It is critical to back-up all company and client data daily, either onsite or through cloud based software.

ABOUT US

Harvey Hanna of Delaware is pleased that you have taken the time to read our Winter Safety Tips and look forward to hearing what you think or tips that you can share with us. Please check in with us on Facebook, we would love to discuss this subject further.




TKo Hospitality Company Awards Associates

January 19, 2017

TKo Hospitality Company Awards AssociatesAs a hospitality company active in the Mid-Atlantic region hotel industry, TKo Hospitality management understands the importance of customer service and actively recognizes associates that excel at their various positions within the company. Congratulations to all the winners!

This past month they honored several employees by presenting them with the TKo ‘Knockout’  Award. The following were recognized; Hyatt Place Dewey Beach gallery host Jeffrey Straub, housekeeping host Jessica Granger, housekeeping host Cecil King, Sales and Catering Manager Mary Beth Furjanic-Barbic and Executive Director of Corporate Projects Alexandra Kennedy.

tko hospitality management company in delawareAccording to partners, E. Thomas Harvey III, Kostas Kalogeropolous and Vince DiFonzo, these outstanding associates actively embraced the company culture of C.A.R.E.: Commitment to delivering exceptional results, Accountable to partners, Respect for each other and Excellence in all we do.

In addition to receiving the TKo Knockout Award, Kennedy was one of 10 worldwide recipients of the Why Settle Spirit Award presented by Hyatt Hotels and Resorts. Recipients are team members who display exceptional devotion to guests and colleagues alike, and convey a consistent “why settle?” attitude and spirit of excellence.

TKo Hospitality, active in the hotel industry around the Mid-Atlantic region, launched late 2014 and based in Newport, Delaware. The company develops hotels throughout the mid-Atlantic region.

TKo Hospitality is an affiliate of Harvey Hanna & Associates and E. Thomas Harvey, III also heads Dewey Beach Enterprises (DBE), the development company of Lighthouse Cove , a multi-use facility that encompasses the Hyatt Place Hotel; penthouse and bayside residential condominiums; retail stores, restaurants; conference center; and an array of public amenities.

 


Commercial Property Winter Safety Tips

Winter Safety Tips for Your Delaware Commercial Property

December 20, 2016

Winter Safety Tips for Your Delaware Commercial Property

Our Property Management Team at HHA is preparing for a busy winter season. We are committed to quality through superior property management services. Consistent and reliable maintenance repairs, improvements and upgrades will ensure the safest workplace environment for your organization during the challenging winter months. Our field team would like to offer the following work place winter safety tips.

Salt and Sand

Having enough salt and sand on hand will always help keep walkways clear of ice and snow. It’s always a good idea to have a bucket stocked near entry ways all season long.

Floor Mats and Warning Signage

Make sure heavy traffic entrances have weather proof mats properly installed and labeled to remind employees and guests to watch their steps to avoid slips and falls. This practice also helps keep all outside elements and debris from coming into your office space – keeping it clean, professional and safe.

HVAC Settings

Unless you experience extremely cold conditions, try to keep your thermostat set to the same temperature. This helps prevent the heating and cooling system from unnecessary use and conserves energy. As a general rule of thumb, never have your thermostat programmed lower than 55 degrees. Doing so will eliminate the potential for frozen pipes or other heating accessories within your HVAC system.

Downspouts & Drainage

Report any issues with downspouts or drainage areas immediately. Keeping these mechanisms clear and operational will eliminate or alleviate roof leaks and excess snow or ice from piling up on the roof of the building. 

Guard Your Technology and Data

Winter weather always has the potential to cause power outages due to ice and wind. It is critical to back-up all company and client data daily, either onsite or through cloud based software. Always make sure your data-back up system is working properly. If you don’t have an existing IT provider – feel free to contact us and we will gladly share a few of our preferred vendors. 

Bathrooms Stocked

With winter storm season comes cold season – keep soap and ample towels available in employee bathrooms for cleaning hands so you can minimize the spread of germs throughout the office.

Along those same lines – make sure your office is stocked with tissues and hand sanitizer. Seasonal germs and diseases often spread through the office by coughing and sneezing. It is never fun being “under the weather” and preventative measures will decrease illness-related absences.

By taking these steps to ensure your commercial property is ready for the approaching winter, you are protecting visitors and employees from avoidable physical and health hazards. Your effort to ensure that your buildings and grounds are ready for whatever Mother Nature has to through at you is smart risk management.

Harvey Hanna of Delaware is pleased that you have taken the time to read our Winter Safety Tips and look forward to hearing what you think or tips that you can share with us. Please check in with us on Facebook, we would love to discuss this subject further.


About Harvey, Hanna & Associates- Established in 1997, 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.


Delaware KIDS Fund Annual Appeal

Support Delaware KIDS in Need this Holiday Season

December 13, 2016

Delaware KIDS Fund Annual Appeal 2016

The Delaware KIDS Fund and Harvey, Hanna & Associates Family invites you to help fight childhood hunger in Delaware. Half of Delaware’s food insecure population is children. We believe that every child needs food security and adequate nutrition in order to flourish and live up to his or her potential. Your gift will have an amazing impact on the front-line battle against hunger.

Established in November 2008 by Thomas J. Hanna, The Delaware KIDS Fund an acronym for ‘Kids in Distressed Situations’. It is geared around assisting Delaware area kids that are at risk or in need for whatever reason. Delaware KIDS Fund is a non-profit organization dedicated to providing goods and services such as; clothing, food, shelter, scholarships, educational grants, counseling and mentoring.

Sadly, one in five kids in Delaware is struggling to get a consistent meal. Taking care of our next generation is paramount to providing our community with safer streets, brighter futures and a better functioning society. It all begins at the family table.

Looking to add meaning and value to your holiday season?

Delaware KIDS Fund Annual Appeal 2016Please consider giving the gift of food security by making a tax-deductible gift to the Delaware KIDS Fund. Your gift will have an amazing impact as the demand at Delaware food banks continues to mount with demand exceeding supply!

In Delaware, over 122 thousand adults and children do not have sufficient food – each day, every day – half of whom are children at risk.

Over the last eight years, the fund has disbursed over $84,000 to worthy organizations and crisis needs in Delaware. Organizations such as ‘The Bridge of Hope Food Bank’ in Wilmington, ‘Student Backpack Program’ of NCCC, ‘Cape Henlopen Food Bank’, ‘Our Lady of Grace Orphanage’ in Newark, ‘The Delaware Food Bank’, ‘Limestone Presbyterian Church’, ‘Family Promise’ of northern NCC and the ‘Sunday Breakfast Mission’, to name a few. Founding partner Harvey, Hanna & Associates has donated over $1 Million dollars to Delaware causes since 1997.

On Behalf of the entire Harvey, Hanna & Associates team, we thank you for your kindness and generosity in this season of giving.

Please Make Checks Payable to: The Delaware KIDS Fund

The Delaware KIDS Fund
405 East Marsh Lane, Suite 1
Newport, DE 19804

Or donate online @  www.dekidsfund.org

Every $10 you give will provide 20 meals to a child in need.

Your gift of $40 will feed a family of 4 with 3 meals per day for one week.
Your gift of $160 will feed a family of 4 with 3 meals per day for a month.

For more information, please visit www.dekidsfund.org or contact us at (302) 323-9300 ext. 17 or info@dekidsfund.com.


ribbon-cutting-lighthouse

Lighthouse Cove Entering Next Phase of Redevelopment

October 25, 2016

October 7th, marked the groundbreaking for the next phase of the multi-use Lighthouse Cove Dewey Beach.

Lighthouse Cove Entering Next Phase of RedevelopmentThe Lighthouse Cove Development Company (LCDC) recently announced that the next phase of development of the multi-use Lighthouse Cove Resort project to commence this month, adding 27 additional bayside luxury condominium units, known as The Residences at Lighthouse Cove, expanded parking garage, a sunset Gazebo on the expanded Van Dyke public bayside beach and rooftop pool.

The Lighthouse Cove, situated on the bay side in Dewey Beach, is just one block from the Atlantic Ocean and offers beautiful views of Rehoboth Bay. As recently as 2006, the site was slated to become a gated, closed townhome community that would have forever precluded public access to Rehoboth Bay.   At that time, the Town of Dewey Beach invited our company, Dewey Beach Enterprises/Lighthouse Cove Development Company, to consider alternatives, including a mixed-use commercial-and-residential resort project that would concurrently incorporate amenities the Town had sought for decades and would align with the Town’s comprehensive plan.

E. Thomas Harvey, III spoke at the ground breaking

Thomas Harvey, III spoke at the ground breaking, sharing, “This is an exciting time to own property in Dewey Beach, because, as is famously said, ‘A rising tide lifts all boats.’ Shoulder season activity has accelerated in conjunction with the collaborative marketing efforts of the Town of Dewey Beach, the Dewey Business Partnership, and our Hyatt Place sales and marketing team. We are proud to be part of this shared effort.”

The mixed-used redevelopment project has already had a great impact on the community, and LCDC is happy to have award-winning, family-owned-and-operated Nason Construction, Inc serving as the General Contractor of the Lighthouse Cove project’s next phase.

Nason Construction, Inc serving as the General Contractor of the Lighthouse Cove project’s next phase.“We are excited and proud to be working with such a quality company like Nason Construction,” said E. Thomas Harvey III, President of LCDC. He went on to share, “Their vision and commitment to quality, integrity and customer service is consistent with our business principles. This collaboration will continue our delivery of a quality product for Dewey Beach and the regional tourism industry.”

Nason Construction has been providing construction management, design-build and general contracting services since 1922 across three Mid-Atlantic regions (Wilmington DE, Philadelphia PA and the Delmarva Peninsula). The company’s impressive portfolio encompasses a wide range of sectors; educational, medical, corporate, government retail and more.

M&T Bank’s Manager of Commercial Real Estate in Delaware, Allison Kerwin said, “The Lighthouse Cove project is an exciting development in Dewey Beach that will transform part of the waterfront along Rehoboth Bay. As a community-focused bank, we are pleased to support development like this that provides quality residential options.”

M&T Bank will be providing the financing for this next stage of the redevelopment project.

The Residences at Lighthouse Cove experienced great success with its initial phases.  The First phase of luxury condos are sold out – which has created a strong demand for the new units currently under construction.  To date, 23 units have sold.

The multi-phased project is comprised of new luxury bayside condominiums and a world-renowned “award-winning” Hyatt Place Hotel (2016 Best Hotel in Sussex County- Coastal Style Magazine), two award-winning restaurants (Que Pasa Mexican Restaurant and The Lighthouse Restaurant) and commercial retail space. The Hyatt Place Hotel offers five-star accommodations, a 21st century conference center with banquet facilities and meeting space, and ample parking.

The Lighthouse Cove project has expanded the public bayside beach and brought hundreds of full-time, part-time and seasonal jobs to the community. It has added some quality restaurants, increased the community’s revenues and introduced resort-style living to the Dewey Beach area formerly known as Ruddertown.

Dewey Beach is an ideal blend of beach cottages, boutique shops and fine dining establishments. Dewey Beach, known for its family friendly beaches and award winning water quality, offers a way of life for all ages.

The Residences at Lighthouse Cove has brought new life to the area. Enjoy summer in style at The Residences at Lighthouse Cove.  Call to set 302-212-0002 up a private showing or visit: www.theresidencesde.com


DE KIDS 5K Race 2016

Delaware KIDS Fund 5K Runs a Great Success!

September 1, 2016

DE KIDS 5K Race 2016

Delaware KIDS Fund 5K had 234 runners and walkers of all ages participate in the Newport race that took place Saturday, August 6th. The race organizers added a second event for beach-goers this year: the inaugural Que Pasa 5K for the Delaware KIDS Fund in Dewey Beach took place the following Saturday, August 13th with 244 runners and walkers participating.  The two races raised $35,000.

For race results, Click Here – Races2Run.com

This is the seventh year for the highly anticipated Delaware KIDS Fund 5K that takes place in Newport each summer and the first year for the KIDS Fund Que Pasa 5K Race. The race was presented by Harvey, Hanna & Associates, Hyatt Place Dewey Beach, My Sherpa, AWE Oil, M&T Bank and Rehoboth Beach Running Co. The events were supported by 54 corporate sponsors , as well as 478 runners and walkers of all ages and abilities.

DE KIDS 5K HHADelaware KIDS Fund is an acronym for ‘Kids in Distressed Situations’ and helps at-risk children in Delaware who may face violence, abuse, family financial troubles, or other distressing situations. It is a non-profit organization founded by Thomas J. Hanna, VP of Harvey Hanna & Associates, a commercial real estate company. Proceeds from the event go directly to various youth emergency food relief programs throughout Delaware.

DE KIDS 5K Newport Race 2016Both races had many post-race activities. The Newport race had face painting for children, a moon bounce, on-site massages, race photo booth and music. There was a large variety of food and beverages including beers from the local Twin Lakes Brewery.  The Blue Rock’s mascot, Rocky Blue Winkle and University of Delaware mascot, YoUDee cheered runners as they raced towards the finish line.

DE KIDS 5K Que Pasa Race 2016The Que Pasa 5K post-race festivities took place at Que Pasa Mexican Restaurant and with a large variety of amenities for the kids and music. Again, there was plenty of food and beverages, including a Que Pasa Taco Bar and post-event beach party on The Rehoboth Bay.

“We are immensely grateful to our many sponsors without whom this would not be possible,” said Ryan Kennedy with Harvey, Hanna & Associates. “And we were so excited to bring this race to Dewey Beach where we had another fantastic turnout.”

Visit the Delaware KIDS Fund Facebook page to see all the pictures from the races!




Sign Up for the 7th Annual Delaware KIDS Fund 5K Run/Walk Today!

August 2, 2016

DEKIDS5K2016

The 7th Annual Delaware KIDS Fund 5K is almost here! Help fight childhood hunger by supporting our Delaware KIDS in NEED this summer, a time when they need it most. Since it started, the race has raised $60,000 to help children throughout Delaware. This year there will be two Races; the ‘7th Annual Delaware KIDS Fund 5K’ race will take place in Newport, DE on August 6th and the ‘Inaugural Que Pasa 5K’ race will happen at Que Pasa Restaurant in Dewey Beach, DE  on August 13th.

Did you know that 1 in 5 children in Delaware face hunger? According to Ryan Kennedy, the Community Outreach and Business Developer coordinator for the Delaware KIDS Fund, the issue is worse in the summer which is why the run is held in August to raise awareness.

HHA DEKIDS5KDelaware KIDS Fund is an acronym for ‘Kids in Distressed Situations’ helps at-risk children in Delaware who may face violence, abuse, family financial troubles, or other distressing situations. It is a non-profit organization founded by Thomas J. Hanna, VP of Harvey Hanna & Associates, a commercial real estate company. Proceeds from the event are donated directly to various youth emergency food relief programs throughout Delaware.

The race is presented by M & T Bank, Rehoboth Beach Running Co., AWE Oil, MySherpa, Hyatt Place Dewey Beach and Harvey, Hanna & Associates.

As the popularity of the race grows, so does the list of corporate sponsors which helps to make the 5K possible. The Delaware KIDS Fund is thankful for the support of all of the local companies.

DEKIDS5K Race SponsorsDEKIDS5K Race Sponsors2

DEKIDS5K Race Sponsors3

 


Event Features:

Newport, DE – Harvey, Hanna & Associates, Inc. and The Delaware KIDS Fund are excited  to announce the details for the Delaware KIDS Fund 5K Series featuring races in Newport, DE (7th Annual) and Dewey Beach, DE (Inaugural). The 7th Annual event for Newport will take place on Saturday, August 6th while the Inaugural Que Pasa 5K to benefit KIDS in Dewey Beach event will take place on Saturday, August 13th.

Race Details

  • Newport – Saturday, August 6th

Registration Opens: 7:30 AM ($25 prior to event / $30 day of)

Race Starts: 8:30 AM

Register at: www.races2run.com  or www.dekidsfund.org

Registration and post-race festivities will take place in the grass lot directly across the street from James Street Tavern. The event will feature face painting for children, DJ music, moon bounce, on-site massages, race photo booth, food, beverage and ice cream including beers from Twin Lakes Brewery, Mascot appearances by Rocky Blue Winkle and YoUDee from the University of Delaware. A raffle for an iPad Air will also be available at the event benefiting the KIDS Fund.

  • Dewey Beach – Saturday, August 13th

Registration Opens: 7:00 AM ($25 prior to event / $30 day of)

Race Starts: 8:00 AM

Register at: www.races2run.com or www.dekidsfund.org

Registration and post-race festivities will take place at Que Pasa Mexican Restaurant on Van Dyke Street and the Rehoboth Bay. Event will feature DJ Music, various amenities for the kids, on-site massages, food and beverages including a Que Pasa Taco Bar and post-event beach party on The Rehoboth Bay.  A raffle for a brand new Beach Cruiser will also be available to benefit kids.

All race participants will receive an event t-shirt, micro-fiber promotional towel, refreshments and food to enjoy before and after the race. A $200 Cash Prize will be given to the overall male and female winners for the Newport race while the overall male and female will win a Hyatt Place Dewey Beach stay for the Dewey Beach race. Awards will be given to the top 3 in ten year age groups from 13 and under to 70 and over. Plenty of additional specialty prizes will be available for all winners as well, including: Orioles Tickets, Phillies Tickets, UD Football tickets, Blue Rocks Tickets, gift certificates, rounds of golf, gym memberships and more!

The Dewey Beach race will also feature individual “Beach House” categories. The largest beach house team will win a Happy Hour at Que Pasa Mexican Restaurant while the fastest team will win a Happy Hour at The Lighthouse Restaurant.

MEDIA CONTACT: Ryan Kennedy – rkennedy@harveyhanna.com – 302-323-9300 Ext. 17

Results will be posted online here and click here to see last year’s results.

The Delaware KIDS Fund is a “Harvey Hanna Charitable Fund”.

We at Harvey Hanna look forward to seeing you there!

 

Click here for last year’s race photos

For More Information Contact: rkennedy@harveyhanna.com

 

Follow Delaware KIDS Fund on Facebook


About Harvey, Hanna & Associates- Established in 1997, 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.


Harvey Hanna_Commercial Real Estate Delaware

Harvey Hanna & Associates Finalist in 2016 Family Owned Business Award

June 7, 2016

Harvey Hanna & Associates in partnership with Premier Wine & SpiritsHarvey Hanna & Associates is very excited and honored to be a finalist for the 2016 Family Owned Business Award, presented to winners by Today Media and Delaware Business Times later this month. This elegant event will honor the impact and legacy of Delaware-based family owned businesses make to the local economy and community. Winners will be revealed at the event, taking place Thursday, June 23rd at the Christiana Hilton in Newark, Delaware.

There will be awards presented to winners of the Small Size Business, Medium Size Business and Large Size Business. As well as Specialty awards for the following categories; Excellence in Community Service, Excellence in Customer Service, Excellence in Innovation and Technology, Legacy Family Business Award, Emerging Family Business.

The panel of judges include members of the business community and Today Media executives who take into account the following when making their decisions; family involvement, succession planning, ethics, innovation and active community service.

According to Rob Martinelli, publisher and CEO of Today Media, One of my favorite things about being publisher of Delaware Business Times is getting to be on the panel that judges the nominations for the Family Owned Business Awards. It’s always interesting to read the stories of so many incredible Delaware Family Owned Businesses. I said that this was one of my favorite things, but it’s not easy.–Delaware Business Times, May 24, 2016, From The Publisher

Harvey Hanna & Associates is one of 17 finalists, all very worthy and esteemed local Family Owned Businesses. Two-thirds of all businesses in the world are family-owned, accounting for 70% of the global gross domestic product and over half of the world’s jobs. According to the Conway Center for Family Business, family-owned businesses make up 35% of the Fortune 500 companies and account for 64% of the United States’ Gross Domestic Product.

Walmart is the largest US family-owned business, but Delaware has no shortage of family-owned businesses with large family-owned companies such as, W.L. Gore, Pettinaro and last year’s winner of the Family Owned Business Award, MDavis.

While Harvey Hanna & Associates owns and manages more than 3 million square feet of commercial, retail and warehouse space in Delaware, the company’s crowning achievement is the creation and redevelopment of the Twin Spans Business Park located in Old New Castle, Delaware. The previous vacant and abandoned manufacturing facility now boasts 2 million square feet of Class A commercial warehouse, distribution and office space and is home to a number of Fortune 500 companies and more than a thousand employees.

Those of us at HHA wish all the finalists the best of luck and look forward to networking with them at the awards dinner. This elegant evening will include cocktails, hors d’oeuvres, sit-down dinner and awards ceremony. Family owned businesses are an integral part of the business and social fabric of our state and HHA is so excited to be part of it all! Please help us celebrate achievements that are generations in the making!


Register for the ‘How to Buy/Sell a Business’ Event Today!

Register for the ‘How to Buy/Sell a Business’ Event Today!

February 17, 2016

Americans are renowned for their entrepreneurial spirit and drive. That explains the plethora of family-owned businesses across this great country of ours. Family businesses make up 64% of the US gross domestic product and generate 62% of our employment.

Many of these businesses are multi-generational and often the dynamics can be a bit tricky. Getting everyone on the same page can difficult, as everyone has their own feelings about where a family business should be heading. Often, the question of whether to sell the business arises and making the right choice can be tough.

If you find yourself contemplating whether to buy or sell a family business, register today to hear about Thomas Harvey and Alan Levin’s experience with selling their family business. Listen to how the sales came about and their advice on how to make such a difficult decision. They’ll discuss things they wished they had done differently and things that you should consider before selling or buying a family-owned business.

Prior to establishing Harvey, Hanna & Associates in 1998, Mr. Harvey built, owned and managed multiple waste management companies over 25 years. Included in some of those companies were Harvey & Harvey, Inc., Home Waste, Inc., Harvey Mack/Volvo Sales & Service, and Confi-Shred, Inc. Mr. Levin’s family business, Happy Harry drugstores was bought by Walgreen’s in 2006. The chain had grown to 76 stores.

This event, ‘Experiences of Selling a Business: Insights from Alan Levin and Thom Harvey, will take place at the World Café Live at the Queen in Wilmington on Thursday, March 3rd from 7:30 to 10:30 am.  Register for this event online , call 302-831-0779 or Email: Send today!

Register for the ‘How to Buy/Sell a Business’ Event Today!




Want to Find out What’s Driving Real Estate in the Diamond State?

January 26, 2016

 

Find out about some real significant opportunities in entrepreneurial real estate at the Urban Land Institute’s (ULI) Delaware Developers’ Forum to be held Tuesday, February 2nd at University of Delaware Arsht Hall. You’ll get a feel for what is driving real estate this year as you hear about all the new and planned development trends and investment activity taking place in Delaware’s competitive market.

Keynote Speaker, Jeffrey C. Flynn, Wilmington’s Director of the Office of Economic Development  will reveal private and public real estate investment deals worth up to $650,000 that are in the works. This area’s real estate market has largely been consumer-driven by it eclectic makeup of financial and legal services, government/politics, pharmaceuticals, “eds and meds” and more.

Louis Capano, III a Principal in Capano Management, LC Construction and LC Homes will talk about several development projects that are underway, such as the luxury apartments in Claymont, Middletown and the Avenue of the Arts on Wilmington’s riverfront. He’ll also discuss what to expect at a few commercial sites, including the redevelopment of the Brandywine Country Club located off of Shipley Road in North Wilmington.

Want to find out what is developing at the Residences in Midtown Park and Rockford Falls at the former Bancroft Mills site? Michael Hare, Senior VP of Buccini/Pollin Group, a real estate acquisition, development and Management Company, will discuss his company’s plans.

Angela Tsionas-Matulas, Principal of Tsionas Management will talk on her family-run company’s plans to create a mixed-use redevelopment at 2000 Pennsylvania Avenue in Wilmington. Gregory Pettinaro, CEO of Pettinaro will discuss the company’s plans for the recently acquired Greenville retail sites; Powder Mill Square and Greenville Center, longtime home to many iconic institutions including Greenville Post Office, Janssen’s Market and Brew HaHa!

William E. Holloway, PWant to Find out What’s Driving Real Estate in the Diamond State?rincipal of Bernanrdon, an architectural, interior design and landscape architectural firm, will be the Delaware Developers’ Forum moderator. The ULI is a nonprofit research organization whose mission is to provide leadership in the responsible use of land and creating sustainable communities.

The ULI Philadelphia has hundreds of members across the region, including satellites in Central Pennsylvania, Delaware, Lehigh Valley and Southern New Jersey. Thomas J. Hanna, Managing Director of Harvey, Hanna & Associates is on the advisory council of the Delaware branch of the ULI.

For more information, Click Here and to Download a Registration Form, Click Here.

About Harvey, Hanna & Associates- Established in 1997, 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.




Congratulations to Dan Rattay – HHA 2015 Broker of the Year!

January 20, 2016

Dan Rattay 2015 Broker of the Year

Harvey Hanna & Associates is pleased to announce that Dan Rattay , a Senior Associate at CBRE, has been selected as its ‘2015 Broker of the Year’. Rattay, a three time winner of the award, specializes in sales and lease of industrial and office properties and was instrumental in bringing CEVA Logistics to Delaware.

A donation of $3000 under Rattay’s name will benefit the Delaware KIDS Fund, a non-profit organization founded by Thomas J. Hanna, VP of HHA. Delaware KIDS Fund is an acronym for ‘Kids in Distressed Situations’ that helps at-risk children in Delaware who may face violence, abuse, family financial troubles, or other distressing situations.

Rattay negotiated the Twin Spans Business Park (TSBP) lease for CEVA Logistics, a worldwide company. CEVA Logistics is currently leasing 125,000 square feet of HHA owned warehouse, office and distribution space at 800 Ships Landing Way, located conveniently of I-95 in New Castle, Delaware. It is expected that this global company’s new location will bring more quality jobs to Delaware.

CEVA Logistics is one of the world’s leading non-asset based supply chain management companies that specializes in the design and implementation of industry-leading solutions for freight management and contract logistics. Click Here to find out more.

TSBP is considered by many to be the premier distribution campus in the mid-Atlantic region, featuring 1.85 million square feet of Class A commercial warehouse space spread across 135 acres of land along the Delaware River. Twin Spans further offers 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.

About Harvey, Hanna & Associates- Established in 1997, 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.

Read the Press Release


Delaware KIDS Fund Annual Appeal

Support Delaware KIDS in Need this Holiday Season

December 8, 2015

Today in Delaware, one in five kids is struggling to get a consistent meal. At Harvey Hanna and Associates we believe that taking care of our next generation is paramount to providing our community with safer streets, brighter futures and a better functioning society. It all begins at the family table.

The Delaware KIDS Fund was established by Thomas J. Hanna in November 2008 and is an acronym for ‘Kids in Distressed Situations’. It is geared around assisting Delaware area kids that are at risk or in need for whatever reason. Delaware KIDS Fund is a non-profit organization dedicated to providing goods and services such as; clothing, food, shelter, scholarships, educational grants, counseling and mentoring.

In addition to the Delaware KIDS Fund Annual Appeal, this year  there will be 2 special raffles; ‘Star Wars Episodes 7 Package’ and ‘3 Night Stay at Hyatt Place in Dewey Beach’. Raffle tickets are only $5 each, are tax-deductible and all proceeds will go directly to the Delaware KIDS Fund. Raffle drawing is on December 15, 2015 at 7pm.

The movie package includes 2 tickets to the premier of the long anticipated Star Wars Episode VII “The Force Awakens” at Westown Movie Theatre in Middletown Delaware on December 17th  , 7:15 pm, a $100 gift certificate for concessions, limo and a Star Wars swag and comic gift package.

The team at Hyatt Place is showing its support for Delaware KIDS Fund by awarding one lucky raffle donor with a THREE NIGHT stay at the fabulous hotel – in the heart of Dewey Beach! This raffle runs through January 1, 2016 and the drawing will be on January 2nd.

Looking to add meaning and value to your holiday season?

Why not give the gift of food security by making a tax-deductible gift to the Delaware KIDS Fund. Your gift will have an amazing front-line impact as the demand at Delaware food banks continues to mount with demand exceeding supply!

122,310 adults and children in Delaware do not have sufficient food – each day, every day – half of whom are children at risk.

Over the last seven years, the fund has disbursed over $62,000 to worthy organizations and crisis needs in Delaware. Organizations such as ‘The Bridge of Hope Food Bank’ in Wilmington, ‘Student Backpack Program’ of NCCC, ‘Cape Henlopen Food Bank’, ‘Our Lady of Grace Orphanage’ in Newark, ‘The Delaware Food Bank’, ‘Limestone Presbyterian Church’, ‘Family Promise’ of northern NCC and the ‘Sunday Breakfast Mission’, to name a few. Founding partner Harvey, Hanna & Associates has donated over $1 Million dollars to Delaware causes since 1997. This article, ‘Doing What’s Best for Kids’ was recently published by Greenville & Hockessin Life magazine.

“There is a personal connection with any effort such as this. I’m a father of three kids myself and having been in out of various children’s hospitals, seeing those kids that are less fortunate than others; it hits home. A few years ago, we as a family decided to consolidate our giving and formalize it in the form of this Delaware KIDS Fund,” shares Thomas J. Hanna, VP of Harvey Hanna & Associates.

The Fund was established as a response to Delaware’s ‘food security crisis’, based on the premise that ‘no child of any age can flourish and grow without adequate nutrition’ and has grown to encompass much more since its’ conception. The Delaware KIDS Fund not only supplies nutrition for Delaware youth’s physical growth, it also helps to feed their minds through the mentoring program, counseling, scholarships and educational grants.

Your gift will allow the Delaware KIDS Fund to accelerate its efforts during the Holidays and into 2016. Please consider making a tax-deductible gift either online or by sending a check payable to ‘Delaware KIDS Fund’ to:

The Delaware KIDS Fund
405 East Marsh Lane, Suite 1
Newport, DE 19804

Your gift of $25 will feed a family of 4 with 3 meals per day for one week.
Your gift of $100 will feed a family of 4 with 3 meals per day for a month.
Every $10 you give will provide 40 meals to a child in need.

For more information, please visit www.dekidsfund.org or contact Thomas J. Hanna at (302) 323-9300 ext. 12 or info@dekidsfund.com.


Happy Hour & Tour of Twin Lakes Brewing Company's new Facility

November News at Harvey, Hanna & Associates

November 17, 2015

This fall has been a busy time for Harvey Hanna & Associates, a commercial real estate agency offering prime office space, manufacturing and warehouse facilities to businesses wishing to reside in the business-friendly state of Delaware.

Young Networkers Check Out the New Twin Lakes Brewery Company Location in Newport Delaware

Young Networkers Check Out the New Twin Lakes BreweryNetworking is always a bit more fun when there is beer and food involved. Tie in a little community service by making the ‘admission ticket’ a canned good. Offer a unique opportunity to look behind the scenes of the new Twin Lakes Brewery facility and you’ve got yourself a stellar event.

Two Thursdays ago, Harvey Hanna partnered up with Twin Lakes Brewery to co-host the Delaware Young Professionals Networking Group from the Delaware State Chamber of Commerce (DSCC). There were a lot of canned goods collected and donated to the Sunday Breakfast Mission . Much merriment, as Twin Lakes Brewing Company offered up its Oktoberfest, Tweeds Stout and Pale Ale to the young networkers. Delicious food whipped up by Sugarfoot Fine Foods , as everyone got a taste of what Twin Lakes Brewery will soon have to offer to the community.

Twin Lakes Brewery Ingredients DisplayJack the Brew Master creatively displayed a variety malts and leaf hops, the ingredients used in the brewing process. Twin Lakes Brewing Company has been offering premium American ales and lagers to the Delaware area for the last 9 years. The company recently moved to Newport Industrial Park, located in the historic town of Newport, Delaware. It outgrew its previous location; a 25 barrel, five vessel brew house and tasting room located at a re-purposed barn on historic Twin Lakes Farm in Greenville, Delaware.

This new location will make for easy access to a growing number of visitors seeking out craft beer tastings and allow Twin Lakes to up the amount of hours that the tasting room will be open to the public. Harvey Hanna is very excited to add the brewery to its list of valued tenants.

HHA Welcomes CVA Logistics to the Family

Harvey Hanna is also pleased to welcome CEVA Logistics to their Twin Spans Business Park located in New Castle, Delaware. CEVA Logistics is one of the world’s leading non-asset based supply chain management companies that specializes in the design and implementation of industry-leading solutions for freight management and contract logistics. Click Here to find out more.

 Delaware KIDS Fund Receives DonationDelaware KIDS Fund Receives Donation

The company champions many community service projects and associations throughout the state and is grateful for the Wells Fargo donation of $1000 to the Delaware KIDS Fund as part of their Annual Community Connections Giving Program. Delaware KIDS Fund is a non-profit organization founded by Thomas J. Hanna, VP of HHA. Delaware KIDS Fund is an acronym for ‘Kids in Distressed Situations’ that helps at-risk children in Delaware who may face violence, abuse, family financial troubles, or other distressing situations.

As Thanksgiving approaches, those of us at Harvey Hanna asks that those of you in a position to do so, find it in your heart to make this Holiday Season a little more joyous for those in need. There are a wide variety of opportunities available to show your support to those in need in our community. If everyone does a little bit, it can make a BIG difference in the lives of others.


10 Tips to Safely Maintain Your Business’ Workplace

Harvey Hanna & Associates’ 10 Tips to Safely Maintain Your Business’ Workplace

September 24, 2015

10 Tips to Safely Maintain Your Business’ WorkplaceFall has officially arrived and the hot days of summer are quickly becoming a distant memory. Many are wistfully reminiscing of days spent at the shore or hanging with friends on the patio.

Sure, the end of summer can be bittersweet. However, I welcome the briskness of cool autumn days and the vibrant colors of changing leaves as far as the eye can see. It’s a nice change from the hot steamy days of summer.

This time of year is perfect to develop a plan to safely maintain your workplace for the approaching weather challenges ahead. Not that I want to drop the ‘snow’ word, but the reality is that at some point in the next few months we will all have to deal with the mess that snow and ice can leave on sidewalks and parking lots. Not to mention, downed powerlines and inconvenient hazards that can make getting to and from work a challenge.

Now is the perfect time to prepare your business and employees for what lies ahead! I get that, as a business owner, your top priority is running your business. That is why we have created this safety checklist to help make sure you’re ready for the season ahead.

Maintaining and providing a safe work environment is important, so here’s a quick checklist to help you get back to business, as usual.

Top 10 Tips to Safely Maintain Your Business Workplace This Winter:

  1. Schedule Fire Drills & Build an Evacuation Plan– Knowing what to do is key to surviving a fire emergency. Conduct routine fire drills to give you and your co-workers the knowledge and confidence to escape safely. Routinely check fire extinguishers.
  2. Monitor Your Space Heaters– Portable space heaters can pose a major workplace safety hazard. Don’t take chances; educate employees about safe space heater practices, such as keeping space heaters out of high traffic areas and doorways to avoid tripping hazards. DO NOT plug any other electrical devices into the same outlet as the heater. Always turn off and unplug every space heater at the end of the work day.
  3. Install Door Mats at All Entrances– Keep the dirt, snow and mud outside by installing quality door mats at your entry way. This will reduce the amount of water, mud and slush tracked into your business, lowering the possibility of slips. Protect your employees and customers. It’s not only the right thing to do, it’s the law!
  4. Salt & Treat Your Entryway– Use ice melting mix solutions (such as salt). This plays a major role in reducing slip-and-fall accidents because it reduces ice. Even a light dusting of snow can lead to slippery conditions. Be sure to stock up early, as supplies can be hard to locate right before forecasted winter storms.
  5. Avoid The Office Thermostat Wars– Consider setting a standard office temperature and designate one person to oversee the thermostat. Be sure to communicate this standard with your employees. To make your case, relay studies on temperature’s effect on worker efficiency!
  6. Check Your Emergency Supplies– In addition to protecting the physical systems in your building, inventory your emergency supplies. Can your building accommodate every tenant overnight or for multiple days in case of a blizzard? Make sure you have plenty of warm blankets, portable heat sources, a first aid kit and extra food in case you get snowed in.
  7. Guard your Technology and Data – Costly power outages due to ice and wind can be critical if you fail to back-up all company and client data daily, either onsite or through a hosted, off-site cloud service.  Always check to make sure your back-up system is working properly before a storm hits.
  8. Avoid Electrical Shutdowns – If an outage occurs during business hours, turn off all computers and other equipment as a precaution against the sudden increase in voltage when power is restored. Be sure that all computers and electrical equipment are connected to surge protectors, which absorb excess electrical energy and prevent it from reaching connected equipment once the power is restored.
  9. Properly Maintain HVAC Equipment– Proper maintenance of all HVAC units will lead to the best possible outcome for your building, not only in the winter, but throughout the year adding comfort, improved air quality, extended equipment life and cutting energy costs.
  10. Properly Winterize your Roof– The most common cause of winter damage to a roof is the continuous freeze/thaw cycle which can exacerbate any defects in the roof. While certain conditions are unavoidable, making sure you fix any current leaks, faulty flashing, loose shingles or metal sheets can make your roof better prepared to handle the freeze/thaw/freeze cycle. Also be sure to repair and clean out any drains or downspouts.

Commercial Real Estate DelawareHarvey, Hanna & Associates, a commercial real estate management company in Delaware, partners with our tenants to ensure that our properties are ready for hazardous conditions. If you need our help or have questions, please contact us today.

 

Harvey, Hanna & Associates, Inc. | info@harveyhanna.com  | 302-323-9300


Small Business Saturday in Delaware

Harvey Hanna Welcomes Twin Lakes Brewing Company

August 27, 2015

Twin Lakes Brewing Company has been offering premium American ales and lagers to the Delaware area for the last 9 years. The company has outgrown the 25 barrel, five vessel brew house and tasting room located at a re-purposed barn on historic Twin Lakes Farm (est. 1826).

That is why Twin Lakes Brewing Co. will be moving from its longtime home in scenic Greenville to one of  Delaware’s most historic (and original) towns in Newport, Delaware – the Newport Industrial Park, which will allow the company to expand it production to 5,000 barrels a year. At the Greenville location, the brewery produced 4,400 barrels last year.

Twin Lakes has suspended it tastings and growler refills until its move to a warehouse located at 405 E. Marsh St, owned by HDC. Inc. and managed by HHA, is complete.

The company hopes to be up and running in September. “We’ve got plenty of kegs, but we’re running low on the cans,” Wick said. “Hopefully, our customers won’t have to wait too long.”—News Journal

Twin Lakes BreweryAccording to an article by Scoot Goss of The News Journal, Twin Lakes founder, Jack Wick has been looking for a new home since its 10 year lease at Twin Lakes Farm expired in 2013.

“We looked at farms here and in Pennsylvania, as well as locations throughout Delaware,” Wick offered. “But Harvey Hanna reached out to us and this location fits our immediate needs.”

Ryan Kennedy of Harvey Hanna & Associates, a development and commercial real estate company, indicated that keeping Twin Lakes in Delaware was a collaborative effort between HHA  and many government entities …“from Alan Levin and Bernice Whaley at DEDO to Governor Markell.” Thomas Hanna, COO of HHA and Bert Root, Director of Commercial Leasing at HHA, led the lease negotiations for Harvey, Hanna & Associates, Inc.

Newport Industrial Park 2Kennedy said that once word got out that Twin Lake’s was looking to expand, “we thought it made sense to reach out as the space is a perfect fit for their operation … This is a great addition to a very active and high energy business park … we are proud to welcome Twin Lakes Brewery to our family of tenants.”  Delaware Business Daily

Once Twin Lakes is re-opened to the public, Wick said that there are plans to launch a new IPA, partner with food trucks, gear up production of the canning of its flagship Pale Ale and more.

made in delawareKennedy pointed out that keeping Twin Lakes in Delaware is good for the tourism business, as craft brewing is a growing industry attracting many to tasting rooms across the country. The new location will allow for easy access to a growing number of visitors seeking out craft beer tastings.

Another benefit of the new location is the increased number of hours that the tasting room will be open to the public. The previous location had a very limited number of hours it was able to provide visitors with tastings, tours and opportunities to purchase brews.

Are you looking forward to the re-opening of Twin Lakes Brewery? Share with us on Facebook your thoughts.


Commercial Real Estate Delaware

Bert Root of Harvey Hanna & Associates Appointed President of CIRC!

May 28, 2015

Left to Right: 2015 CIRC Officers: Don Robitzer, Barry Snyder, Bert Root, Janet Pippert and Tim Cole
Left to Right: 2015 CIRC Officers: Don Robitzer, Barry Snyder, Bert Root, Janet Pippert and Tim Cole

Congratulations to Albert “Bert” Root of Harvey Hanna & Associates for his recent appointment as President of the CIRC Board. Root has served on the CIRC (Commercial-Industrial Realty Council of New Castle County, Delaware) Board for the last two years as vice-president.

CIRC is a non-profit organization bringing together a group of members with similar interests in commercial and industrial real estate to network and keep current with the latest real estate and business transactions in the Delaware Valley community. CIRC meets monthly except for the months of July and August. The lunch meetings are for networking and socializing. Typically there is a guest speaker that touches on topics of mutual interest to the membership.

Root, Director of Commercial Leasing at Harvey Hanna & Associates, manages and oversees all leasing activity associated with HHA’s extensive portfolio of commercial, industrial and retail properties. He came to HHA in 2012 and has held a variety of positions in the commercial real estate industry.

Commercial-Industrial Realty Council of New Castle County, Delaware_LOGO In addition to his position on the CIRC Board, Root is the Golf Committee Chairman for CIRC’s annual Golf Outing held at Hartefeld National. This years’ golf outing is scheduled for Monday, June 29th.

The golf outing offers a fun-filled day of golf course challenges, barbecue lunch, on-course beverages/snacks, cash raffle, golf prizes and a dinner buffet.The Delaware KIDS Fund A portion of the proceeds goes to The Delaware KIDS Fund, a non-profit organization founded by  HHA COO, Thomas J. Hanna in order to assist local area Kids in Distressed Situations.

If someone hits a hole in one on the dedicated ‘hole in one hole’, they win a 7 night stay at the luxurious Hyatt Place Hotel in Dewey Beach with over $200 in food credits for Que Pasa Mexican Restaurant and The Lighthouse!

Click Here for more details.

Harvey Hanna & Associates in partnership with Premier Wine & SpiritsPremier Wine & Spirits logoHarvey Hanna & Associates in partnership with Premier Wine & Spirits are Platinum Beverage Sponsors of the Event.

Click Here to go to the registration page where you can choose to sponsor or purchase one of the many golf package options online.

CIRC Raffle Winner
May 2015 CIRC Raffle-Winner SteveBurnett with Miss Delaware, EmilyDrake and Newly Appointed President of CIRC, Bert Root


tko hospitality management company in delaware

There’s a New Hospitality Company in Town!

May 5, 2015

tko hospitality management company in delaware

There’s a new hospitality company in Delaware that is hoping to become a big player in the Mid-Atlantic region hotel industry. TKo Hospitality launched six months ago and is based in Newport, Delaware. The company will soon start development of five new hotels in Pennsylvania and Maryland.

Harvey Hanna & Associate’s co-founder, E. Thomas Harvey, has launched the hospitality company, TKo Hospitality, along with 2 former top-level executive employees of a Connecticut-based hospitality company, Meyer Jabara Hotels.

Hyatt Place at Lighthouse Cove in Dewey Beach, DEKostas Kalogeropoulos and Vince DiFonzo, are more familiar with the hotel management side of the hotel industry and TKo Hospitality’s first venture was to take over the management of Lighthouse Cove from their former employer.

Harvey also heads Dewey Beach Enterprises (DBE), the development company of Lighthouse Cove which encompasses the Hyatt Place Hotel; penthouse and bayside residential condominiums; retail stores and restaurants; a future conference center; and an array of public amenities.

“The hotel industry is finally starting to pick back up and we think we’ve assembled a team that’s uniquely poised to take advantage of that growth,” Harvey said. “Our goal is to have 1,000 rooms in our portfolio by the end of 2016 with 50 to 100 percent more by the start of 2018.”

TKo Hospitality plans to take advantage of the hotel boom by offering a consolidation of services, such as guiding developers and hotel owners through the design stage, construction and eventual management of their hotels. The company has been stoking the fires in order to eventually work on projects closer to home.

 “Right now, there are a couple of things we’re looking at in New Castle County and one in Cecil County,” said E. Thomas Harvey, the company’s chairman and co-founder. “We’ve got a lot of prospects we’re working on, but prospects are not deals.”

Currently the hospitality company is working on three hotels that will be adding 400 rooms in an undisclosed “resort community on Maryland’s Eastern Shore” and two hotels that will be adding 250 rooms to the Lehigh Valley region of Pennsylvania. They are also hoping to acquire third-party management contracts with other existing hotels in the area.

According to Amanda Hite, president and COO of STR inc., the hotel industry leading data provider, “ADR (Average Daily Rate) and RevPAR (Revenue per available room) for the year were the highest ever recorded by STR, and we expect more growth in 2015,” she added, noting that the company is forecasting a 5.2-percent increase in ADR and a 6.4-percent increase in RevPAR for the year.

The hotel industry has picked up in the past few years and there is a shortage of hotel rooms due to the stagnation of the recession. STR inc. data indicates that the number of hotels rooms nationwide grew at a rate of less than 1 percent last year, while demand rose 4.6 percent. The 2016 national occupancy rates are expected to reach a 30 year high.

If things continue in this fashion, TKo Hospitality may be entering the industry at the right time and the results could be quite beneficial for the new company.

“This is a consolidation industry and I like being a consolidator,” Harvey said. “Our goal is to see what we can amass and where that will take us. I think this is going to be a fun ride.”


Twin Spans Business Park Delaware Commercial Property for Lease

Twin Span Business Park in New Castle, Delaware Looking for New Tenants

April 21, 2015

Twin Spans Business Park Delaware Commercial Property for Lease

 

Last week, Harvey Hanna & Associates, a commercial development company in Delaware, hosted a breakfast walking tour of the Twin Spans Business Park. Policy makers, State and County Chamber and DEDO representatives, State Senators and State Representative and some local business leaders were in attendance. The hope is to replace long time tenant, Five Below, with one to four new tenants.

delaware commercial real estateFive Below is currently leasing 421,291 square feet of warehouse space at the business park and will be moving its distribution center across state lines to New Jersey this summer to a larger facility. Five Below’s current space in Delaware allows for processing 50,000 boxes a day, with 59 loading docks for trucks. The Twin Spans Business Park has been a distribution center for store chain giant, Five Below since June of 2007. The company doubled its space in 2010.

Harvey Hanna & Associates (HHA) is a full-service Commercial Real Estate Development Company, featuring 3 million square feet of prime-location Industrial and Commercial real estate in the mid-Atlantic region. HHA has long had an outstanding reputation as a pro-active landlord of Class A warehouse and office space in the Delaware commercial real estate market.

Commercial Real Estate Solutions Wilmington DelawareThe company’s president, E. Thomas Harvey, makes a great effort to get to know his tenant’s needs and goes to great lengths to customize the commercial properties to meet those needs. Harvey and his business partner, Thomas J. Hanna started developing Heavy Industrial, Light Industrial, Marketing, Distribution, Manufacturing, and Corporate Offices in the mid-Atlantic region along the I-95 corridor when they realized that they were optimally positioned for rapid economic growth due to the convenient location to four states (PA, NJ, DE, MD).

The Twin Spans Business Park is considered the premier distribution campus in the mid-Atlantic Region and has the presence of strong, recognized companies (Tire Rack, Zenith Products, Speakman Company) mixed with well know regional entities. It is located in New Castle, Delaware, just minutes away from I-95, I-295, I-495, Routes 9 & 13 and two miles south of the Delaware Memorial Bridge. The 421,291 square feet of dividable office and warehouse space will be available this fall and can rented in its entirety or can be sub-divided to accommodate up to 4 different leasees.

Click Here for More Details

Please contact Ryan Kennedy with any interest or for more information–RKennedy@harveyhanna.com


Commercial Properties for Lease Delaware

HHA is Proud to Welcome New Tenants Early on in 2015!

March 31, 2015

HHA is Proud to Welcome New Tenants Early on in 2015!photo (29)

What do a fitness center, real estate office and tech firm have in common?

They are the three new tenants of Harvey Hanna & Associates (HHA). Recently HHA has welcomed Be Barre Fit™, Long & Foster Real Estate and Carber, a ‘World Leader in Hydrostatic Testing and Isolation Technologies’.

Be Barre Fit™ is leasing suite space at HHA’s Hockessin Crossing Shopping Center located at 7465 Lancaster Pike. For those not familiar with barre, it is a 1-hour workout based on ballet, yoga & Pilates’ and has become very popular within the fitness industry.  Movements are low impact and easy on the joints. It can be tailored for a wide range of body types and ages. Benefits of barre include burning fat, building longer, leaner muscles and a strong core, developing muscle balance & increasing flexibility. Owner, Trish Mackay, is an Australian native and has done a fantastic job of making a name for herself and the company early on.

Long & Foster Real Estate, Inc. is similarly leasing office space at HHA’s Hockessin Crossing Shopping Center. The residential real estate company leased the space as part of their plan to expand its Delaware Valley services. Erik Hoferer, formerly from the firm’s Pike Creek office, will head the new location and R.T. Christopher will be managing the new location. Specializing in residential real estate, Hoferer and his team markets the entire line of Ryan Homes, Delaware largest builder.

Carber is leasing 5,250 SF of Industrial Space at 403 E. Marsh Lane located at Newport Industrial Park. Recognized as a world leader in hydrostatic testing and isolation technologies, Carber is a privately owned global specialty industrial service company based in Houston, TX. They now have locations in 13 states across the United State and 3 in Canada. This location marks their first time in Delaware.

Carber joins a strong roster of tenants within the Newport Industrial Park, including: Tile Market of Delaware, Compassionate Care Hospice, Speedpro Imaging, Autopart International, TotalTrax Inc., MSC Industrial Direct, Trial Transport Logistics, Café 24, Newport Rowing Club, ARI Environmental, Service Master, Waste Management, Phoenix Restoration, SOS Call Center, Dynasap, Make Shop & Co., Tenmant, Shipping 25 LLC and Tech World Corp. Denise Pomarici is the local branch manager and Administrator for the Northeastern Region.

Harvey Hanna & Associates, Inc  is a full-service Commercial Real Estate Development Company located in Delaware. The company has sustained strong relationships with tenants of their commercial and industrial properties and offers a unique mix of business experience and sense of community. The commercial property company delivers personalized real estate solutions that can suit both short and long-term business needs.




Brokers of the Year – 2014 Colin Flynn and David Ricci – The Flynn Company

January 28, 2015

Harvey, Hanna & Associates, Inc. (HHA) is pleased to announce that David Ricci and Colin Flynn of The Flynn Company, Philadelphia, PA, have been selected as its “2014 Brokers of the Year.”

In the midst of a slowly recovering real estate market, Mr. Flynn and Mr. Ricci contributed greatly to HHA’s continued success in 2014, facilitating the lease of a new tenant, Art Guild, into 23,856 sq ft of warehouse, office and showroom space at 200 Anchor Mill Road in the Twins Spans Business Park (TSBP) in New Castle, DE.

Art Guild specializes in the creation and management of award-winning 3-D marketing, educational and event programs. As an industry leader, Art Guild creates, manages, fabricates and installs trade show and museum exhibits and retail displays. Established in Philadelphia as a sign fabricator in the early 1920s, Art Guild gradually expanded its scope of services to three locations in New Jersey, Nevada, and Delaware. Art Guild serves many Fortune 500 companies, including Master Card, Campbell Soup Company, DuPont, and PayPal, among many clients of large prestige. To learn more about Art Guild, visit: www.artguildinc.com

TSBP is considered by many to be the premier distribution campus in the mid-Atlantic region, featuring 1.85 million square feet of Class A commercial warehouse space spread across 135 acres of land along the Delaware River. Twin Spans further offers 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. TSBP is the longstanding home to many companies of large prestige: Lyons Conklin Corporation; Hibbert Group; Nova Records Management; Speakman Company; Zenith Products Corp.; Tire Rack; WarpEx, Inc.; PODS Inc.; Five Below; and Legacy Supply Chain Services.

“We are excited to welcome Art Guild to Twin Spans, as they bring a cutting-edge business model to the industry along with value-adding products, jobs and services to the local economy,” stated E. Thomas Harvey, President, HHA.

“We thank and congratulate David and Colin for their hard work and commitment to excellence to bring us a value-adding, stellar tenant,” stated Thomas J. Hanna, HHA vice president and chief operating officer.

In recognition of Mr. Flynn and Mr. Ricci’s achievements, HHA will donate $3,000 in the name of The Flynn Company 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. Since 1997, HHA has donated over $1 Million to local charitable causes.

Special Points of Interest for 2014:

Dewey Beach Enterprises (DBE), with managing partner HHA, is accelerating progress on the redevelopment of Lighthouse Cove (formerly Ruddertowne) in Dewey Beach into a 21st Century mixed use resort. As part of phase 1 redevelopment, the Hyatt Place Hotel Dewey Beach, the first-ever Hyatt brand in Delaware, enjoyed a tremendously successful first year, with occupancy rates exceeding projections and stellar guest feedback. The new resort also features sixteen (16) luxury Oceanside penthouse condominiums, The Residences at Lighthouse Cove, atop the Hyatt Place Hotel, of which fifteen (15) condos have already sold at an average purchase price of $695,314, nearly 2x (twice) the market per square foot value, thereby setting a new price standard in the Dewey Beach market. The Lighthouse Cove Resort complex will ultimately include 105 luxury residential condos, with new bayside condo construction underway to keep pace with growing demand. To complement award-winning dining and the newly expanded bayside public beach, the resort will ultimately feature a future conference center; recreational baywalk; garage parking; and newly configured restaurants and professional/retail space. 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.

Building upon the company’s redevelopment activity in the Newport Industrial Park and the emergence of a new generation of tenants, HHA welcomed SOS Call Center (3,000 sq ft), Shipping 25 LLC (2,000 sq ft), and Tech World Corp (1,000 sq ft) to the expanding science and technology community in Newport. HHA was further pleased to renew leases nearby with General Floor Industries (9,600 sq ft) on Bellecore Drive, New Castle; Radio Shack (2,300 sq ft) in the Creekwood Business Park; and Ribbons & Bows Daycare (4,900 sq ft) in Newport. All of these companies are a value-add to the “Newport-New Castle 141 corridor” and, along with prestigious companies United Rentals, Worth & Company, and Johnstone Supply, provide an array of convenience for wholesale and retail consumers.

WarpEx, Inc., a global logistics network firm founded in 2008, broadened its relationship with HHA and doubled its presence to 62,174 sq ft at 599 Ships Landing Way at the Twin Spans Business Park in New Castle.

Renewals at the Delaware River Industrial Park (DRIP), critical to the continued success of the Port of Wilmington and ancillary businesses, included Southern Wine & Spirits at 7 Harbor View Drive (11,200 sq ft) and 21 Harbor View Drive (22,600 sq ft); and Harbour Textile (14,800 sq ft), located at 17 Harbour View Drive.

Hockessin Crossing shopping center enjoyed another exceptional year with continued acceleration in retail activity. HHA was pleased to welcome Be Barre Fit (1,800 sq ft), promoting low-impact yoga, Pilates, and dance for all ages. Hockessin renewals included Six Paupers Restaurant (6,000 sq ft) and Produce for Better Health (PBH) Foundation (1,600 sq ft). Hockessin Crossing features an array of retail, financial services, healthy lifestyles, restaurant, and non-profit tenants amenable to 21st Century needs.

In total, HHA leased 31,856 sq ft of new space and further extended leases in excess of 135,000 sq ft in 2014.
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

2013 – 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


5 Top Reasons to do Business in Delaware

Commercial Real Estate Outlook Looking Good for 2015

January 20, 2015

2015“The U.S. is gaining traction as the preferred investment destination”, according to the Deloittte ‘2015 Commercial Real Estate Outlook’. It also states that Commercial Real Estate (CRE) is on more solid footing than it has been for some time.

As the U.S. economy continues to improve, the CRE sector is expected to have strong growth for the next year as extensive availability of financing through domestic and international sources increase.

“What’s really going to be a driver in 2015 will be the strengthening real estate fundamentals first and then access to capital. We are seeing REITs increasingly finding opportunities to do development and leveraging their access to capital to get that done,” said Bob O’Brien, U.S. real estate services leader at Deloitte.

The report also predicts that rents and vacancies will continue to improve and that in lieu of new development, more redevelopment of existing properties to make them more competitive will likely be the trend for 2015.

The CRE Outlook report cautions CRE players to engage potential or existing tenants at the design stage. This will allow them to take into account the tenants technology needs in order to incorporate them into the design.

“Tenants, more so than ever, are really incorporating technology demands and sustainability considerations in their leasing decisions,” O’Brien said. “Properties that can’t support the technology needs of their tenants, or aren’t sensitive to their sustainability goals, won’t perform as well.”

Pete Davisson, SIOR, CCIM of Jackson Cross Partners stated at their annual Real Estate Forecast Meeting that “There were a number of positive factors in the office market in Wilmington’s Central Business District (CBD) and its suburbs, with leasing activity totaling more than 1.3 million square feet. Absorption, the net increase or decrease in occupied space was also positive and stood at 79,915 square feet.” 

However, Davisson cautioned, “Not all of the news is positive. The total square feet of available space is just less than three million square feet, distributed almost equally between the CBD and suburbs. The Class B vacancy rate is still very high, and above the 10, 20 and 30 year averages. Further, the overall vacancy rate, for both Class A and B, in both city and suburbs, is 20%.  

Taking a more detailed look at the market, Davisson noted a number of positive signs on the development front, “Just north of the Delaware state line at the intersection of Routes 1 and 202, a 140,000 square foot Wegmans store is under construction. At that site there will be an additional 40,000 square feet of new retail construction, plus the redevelopment of an existing 12,000 sq ft strip of shops. 

“Further south, in Dewey Beach, Harvey Hanna Associates announced the start of Phase 2 of Lighthouse Cove. Phase 1 included the first Hyatt Hotel in the State of Delaware, and 16 condominiums. All but two of the condominiums have been sold, with an average price of $695,000. 

“There was significant leasing during the year at 2200 Concord Pike, still thought of by many as the Rollins Building. The 15-story, 195,000 square foot building now known as the Applied Bank Center saw 144,000 square feet of leasing this year. “I expect the balance to be leased in early 2015”. The current owners purchased the building for $10.5 million in 2013.  

~~ ‘Jackson Cross Partners Reports on the Wilmington Real Estate Market’, Press Release from Jackson Cross Partners

Integra Realty Resources, Inc. (IRR) recently published its annual ‘Viewpoint 2015’ report that predicts another positive year of value appreciation across all property sectors nationally, with the strongest expectations within the industrial, lodging and multifamily sectors and a more muted expectations for the retail and office sectors.

For the specific reports for the Wilmington, Delaware market, click the links below:

IRR 2015 Annual Viewpoint Wilmington | DE Lodging

IRR 2015 Annual Viewpoint Wilmington | DE Multifamily

IRR 2015 Annual Viewpoint Wilmington | DE Office

IRR 2015 Annual Viewpoint Wilmington | DE Retail

In looking ahead to 2015 Davisson said, “People are thinking positively, and there is a buzz of optimism in the marketplace, but the numbers haven’t yet reflected those positive thoughts. Corporate restructuring and downsizing is not helping. The CBD is still the hole in the donut.”

“In 2015 the City will have to work to work on its safety and security issues to improve its image. The State will have to work to find or create an economic “driver”. As we meet here this morning the New Castle County Chamber of Commerce is meeting to discuss ways to bring people to live and work in Wilmington. Positive steps by these entities should lead to a more positive 2015 as the regional and national economies continue their gradual, but positive growth.

“In closing, I ask all of you to do something positive in 2015 to make the Greater Wilmington area a better place to live and work,” concluded Davisson.

~~ ‘Jackson Cross Partners Reports on the Wilmington Real Estate Market’, Press Release from Jackson Cross Partners




1 in 5 Delaware Children are Hungry. Give the Gift of Food Security This Holiday Season!

December 16, 2014

Delaware KIDS Fund Annual AppealLooking to add meaning and value to your holiday season?

Why not give the gift of food security by making a tax-deductible gift to the Delaware KIDS Fund. Your gift will have an amazing front-line impact as the demand at Delaware food banks continues to mount with demand exceeding supply!

244,00 adults and children in Delaware do not have sufficient food – each day, every day – half of whom are children at risk.

The Delaware KIDS Fund was established by Thomas J. Hanna in November 2008 and is an acronym for ‘Kids in Distressed Situations’. It is geared around assisting Delaware area kids that are at risk or in need for whatever reason. Delaware KIDS Fund is a non-profit organization dedicated to providing goods and services such as; clothing, food, shelter, scholarships, educational grants, counseling and mentoring.

Over the last six years, the fund has disbursed $47,146 to worthy organizations and crisis needs in Delaware. Organizations such as ‘The Bridge of Hope Food Bank’ in Wilmington, ‘Student Backpack Program’ of NCCC, ‘Cape Henlopen Food Bank’, ‘Our Lady of Grace Orphanage’ in Newark, ‘The Delaware Food Bank’, ‘Limestone Presbyterian Church’, ‘Family Promise’ of northern NCC and the ‘Sunday Breakfast Mission’, to name a few. Founding partner Harvey, Hanna & Associates has donated over $1 Million dollars to Delaware causes in 1997.

“There is a personal connection with any effort such as this. I’m a father of three kids myself and having been in out of various children’s hospitals, seeing those kids that are less fortunate than others; it hits home. A few years ago, we as a family decided to consolidate our giving and formalize it in the form of this Delaware KIDS Fund,” shares Thomas J. Hanna, VP of Harvey Hanna & Associates.

The Fund was established as a response to Delaware’s ‘food security crisis’, based on the premise that ‘no child of any age can flourish and grow without adequate nutrition’ and has grown to encompass much more since its’ conception. The Delaware KIDS Fund not only supplies nutrition for Delaware youth’s physical growth, it also helps to feed their minds through the mentoring program, counseling, scholarships and educational grants.

Your gift will allow the Delaware KIDS Fund to accelerate its efforts during the Holidays and into 2015. Please consider making a tax-deductible gift either online or by sending a check payable to ‘Delaware KIDS Fund’ to:

The Delaware KIDS Fund
405 East Marsh Lane, Suite 1
Newport, DE 19804

Your gift of $25 will feed a family of 4 with 3 meals per day for one week.
Your gift of $100 will feed a family of 4 with 3 meals per day for a month.
Every $10 you give will provide 40 meals to a child in need.

For more information, please visit www.dekidsfund.org or contact Thomas J. Hanna at (302) 323-9300 ext. 12 or info@dekidsfund.com.

eating breakfast


10 Tip to Safely Maintain Your Business Space This Winter

10 Tip to Safely Maintain Your Business Space This Winter

December 10, 2014

Commercial Property Winter Maintenance Tips
Commercial Property Winter Maintenance Tips

 

With the holiday season in full swing, the cold weather has arrived and so will the fun stuff it brings to the Delaware area this time of year. After last winter’s record snow falls, you might think we’re due a break. Well according to the Farmer’s Almanac that’s not to be. They predict that we’re in for another cold, wet and snowy winter.

Now is the time to prepare your business for what lies ahead. Maintaining and providing a safe work environment is just one of your many worries, so here’s a quick checklist to help you get back to business, as usual.

Top 10 Tips to Safely Maintain Your Business Space This Winter:

  1. Schedule Fire Drills & Build an Evacuation Plan – Any fire is dangerous. Knowing what to do is key to surviving a fire emergency. Conducting routine fire drills will give you and your co-workers the knowledge and confidence to escape safely. Fire extinguishers should be routinely checked. To schedule your fire drill today, please feel free to call our Operations and Maintenance Department today at 302-323-9300 Ext. 18.
  2. Monitor Your Space Heaters – Portable space heaters can pose a major workplace safety hazard. Educating employees about safe space heater practices can reduce the risk to employees and facilities. Locate space heaters out of high traffic areas and doorways where they may pose a tripping hazard and be sure NOT to plug any other electrical devices into the same outlet as the heater. Always turn off and unplug every space heater at the end of the work day.
  3. Install Door Mats at All Entrances– Installing quality door mats at your entry way will help keep the dirt, snow and mud outside and clear of your interior walkways. Reducing water, mud and slush that’s tracked into your business reduces the possibility of slips, falls and injury at your work space. Protect your employees and customers.
  4. Salt & Treat Your Entryway– Using an ice melting mix solution (such as salt) plays a major role in reducing slip-and-fall accidents because it reduces ice. Even a light dusting of snow can lead to slippery conditions.
  5. Avoid The Office Thermostat Wars– Consider setting a standard office temperature and name one person to oversee the thermostat. Be sure to communicate this standard with your employees. To make your case, relay studies on temperature’s effect on worker efficiency!
  6. Check Your Emergency Supplies – In addition to protecting the physical systems in your building, inventory your emergency supplies. Can your building accommodate every tenant overnight or for multiple days in case of a blizzard? Make sure you have plenty of warm blankets, portable heat sources, a first aid kit and extra food in case you get snowed in.
  7. Guard your technology and data – Costly power outages due to ice and wind can be critical if you fail to back-up all company and client data daily, either onsite or through a hosted, off-site cloud service.  Always check to make sure your back-up system is working properly before a storm hits.
  8. Avoid electrical shutdowns – If an outage occurs during business hours, turn off all computers and other equipment as a precaution against the sudden increase in voltage when power is restored. Be sure that all computers and electrical equipment are connected to surge protectors, which absorb excess electrical energy and prevent it from reaching connected equipment once the power is restored.
  9. Properly Maintain HVAC Equipment – Proper maintenance of all HVAC units will lead to the best possible outcome for your building, not only in the winter, but also throughout the entire year adding comfort, improved air quality, extended equipment life and cutting energy costs.
  10. Properly Winterize your Roof – The most common cause of winter damage to a roof is the continuous freeze/thaw cycle which can exacerbate any defects in the roof. While certain conditions are unavoidable, making sure you fix any current leaks, faulty flashing, loose shingles or metal sheets can make your roof better prepared to handle the freeze/thaw/freeze cycle. Also be sure to repair and clean out any drains or downspouts.
Commercial Property Maintenance Tips Delaware
Properly Winterize Your Roof

While some of these areas touched upon may fall outside of your immediate control, keeping aware of what it takes to be safe during these next few months can be empowering.




Premier Office Space Available in Heart of Hockessin!

December 2, 2014

10258367_755424681210566_1902245745153283322_o

Premier Office Space Available in Heart of Hockessin!

Don’t miss this newly available and recently remodeled office space located in the heart of Hockessin, the fastest growing community in Delaware. This second floor unit offers 2,700 square feet of premier office space and is ideal for a professional office, creative firm, law firm, marketing, medical offices, etc…

photo (29)Featuring a large reception area, 4 executive offices, 8 work stations in a comfortable bullpen setting, and a common kitchen with elevator and stair access. The space overlooks Valley Road in Hockessin, an area known synonymously for its rolling hills, farmlands and scenic countryside.

Long gone are the days that Hockessin was a mere stop on the Trolley that ran from West Chester to Wilmington back in the early 1900s. It has grown into a thriving community. Hockessin’s population has tripled since 1990. Largely due to the easy commute for residents to Wilmington or Newark.

This 2,700 office space is available immediately in well situated shopping center in Hockessin Crossing Shopping Center on Lancaster Pike and Valley Road. Offering a location subject to high volume traffic and visibility, naturally lending to ultimate customer convenience for Delaware and Pennsylvania consumers. **

Current tenants include: Six Paupers Restaurant, Wells Fargo, Produce for Better Health Foundation, J. Christian Hair Studio, Thompson Cleaners, Children of America School, Polished Nail Salon, Schagrin Gas, BeBarre Fit, Step N Style Dance Studio, Dr. William Gonce, DDS and Yale Academy.

This office is situated at a lighted intersection at 7465 Lancaster Pike, Hockessin Delaware.

Call us to take a tour today! Bert Root | (302) 323-9300**

**First Floor Retail/Office Space also Available (5,302 S.F.)

 




HHA Welcomes Art Guild to Twin Spans Business Park

November 18, 2014

Harvey, Hanna & Associates, Inc. (HHA) is pleased to welcome Art Guild to the Twin Spans Business Park in New Castle.

Art Guild is currently leasing 23,856 square feet of warehouse, office and showroom industrial space at 200 Anchor Mill Road in the Twin Spans Business Park (TSBP) in New Castle, Delaware.

TSBP is considered by many to be the premier distribution campus in the mid-Atlantic region, featuring 1.85 million square feet of Class A commercial warehouse space spread across 135 acres of land along the Delaware River. Twin Spans further offers 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.

Art Guild specializes in the creation and management of award-winning 3-D marketing, educational and event programs. As an industry leader, Art Guild creates, manages, fabricates and installs trade show exhibits, museum exhibits, lobbies, showrooms, visitor centers and retail displays. Established in the early 1920’s out of Philadelphia as a sign fabricator, Art Guild has gradually expanded their scope of services featuring three locations throughout the U.S. (West Deptford, NJ, Las Vegas, NV and New Castle, DE). Art Guild serves many fortune 500 companies and some of the nation’s most prestigious institutions. Their current client base ranges from Master Card, Campbell Soup Company, DuPont and PayPal , among many customers of large prestige. To learn more about Art Guild, visit the Art Guild online.

“We are excited to welcome Art Guild to New Castle, as they bring a cutting edge business philosophy and model to the industry along with value-adding products, jobs and services to the local economy”, stated E. Thomas Harvey, president, HHA.

Harvey, Hanna & Associates (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.

*********************************************************************************************
For Additional Information, Please Contact: Ryan Kennedy, 302-323-9300 Ext. 17 / rkennedy@harveyhanna.com | Harvey Hannah & Associates

twin span park


Delaware Has the Fastest Internet Speeds Which Makes it a Great State to do Business!

Delaware Has the Fastest Internet Speeds Which Makes it a Great State to do Business!

October 21, 2014

Delaware has the fastest Internet Speeds Last week we listed ‘Five Top Reasons to do Business in Delaware’ which makes a great case for ‘start ups’ to open their business in the state of Delaware. Well here’s even more incentive, Delaware has the fastest Internet Speeds (16.2 mbps) in the nation which gives Delaware business an edge, making them more competitive than those businesses based in neighboring states!

Delaware Has the Fastest Internet Speeds Which Makes it a Great State to do Business!According to the Akamai [‘State of the Internet’ (SOTI) Report – 2nd Quarter, 2014], the Internet is over twice as fast in Delaware than in Arkansas.

“In terms of absolute speeds, Delaware had the fastest Internet speeds at 16.2 mbps, followed by just over 14 in Virginia; Washington. D.C. was next with speeds just below 14 mbps. The Internet was slowest in Arkansas, where average speeds were 7.5 mbps.” — Chokshi , Niraj. “These maps show the Internet is getting faster in (almost) every state.” The Washington Post., 30 Sep. 2014.

Not only does a faster internet speed make e-commerce sites more competitive, it makes businesses of all industries more productive, giving them faster access to shared project files allowing for more efficient collaboration.

The Akamai SOTI Report noted that “the global average connection speed increased 21% from the first to second quarter of the year. At 4.6 Mbps, the global average connection speed exceeded the 4 Mbps “broadband” threshold for the first time.”—Akamai SOTI

Check Out the Full Report

Have you noticed the increase in speed of your internet? Share with us your opinion.

Delaware Has the Fastest Internet Speeds Which Makes it a Great State to do Business!
Delaware Has the Fastest Internet Speeds Which Makes it a Great State to do Business!

 


5 Top Reasons to do Business in Delaware

5 Top Reasons to do Business in Delaware

October 14, 2014

5 Top Reasons to do Business in Delaware
5 Top Reasons to do Business in Delaware

The State of Delaware is known as the “Corporate Capital of the World,” due to its incorporation of more than sixty percent of the Fortune 500 companies. There are many reasons Delaware is the perfect state to do business, such as its reputation as a ‘pro-business’ state, proximity to viable markets and accessibility to a highly educated work force.

The state has taken a wide variety of measures to help established small businesses and entrepreneurs take their business from the idea phase to start-up to expansion, making Delaware an excellent choice to start a business.

The Delaware Economic Development Office (DEDO) aids entrepreneurs building a business through various state programs designed to help these start-up businesses develop successfully. DEDO has enabled the success of many small businesses through easy access to incentives, grants and the SSBCI program where businesses receive low interest loans.

Governor Markell has made it part of his agenda “to back small business at every phase of development, with great emphasis on development” –Levin, Alan. “Delaware’s entrepreneurs help drive economy.” delawareonline., 04 Oct. 2014.

5 Top Reasons to do Business in Delaware

Here are Five Top Reasons to do Business in Delaware:

  1. Delaware # 1 in Economic Output Per Job – According to the U.S. Chamber of Commerce’s 2014 Enterprising States study, Delaware ranked first in the Economic Output Per Job study and fifth in the New Startup Rate study.
  2. Delaware # 1 in Business FriendlinessCNBC’s 2014 America’s Top States for Business ranked Delaware as the most business friendly state.
  3. Delaware #2 in Business Incubation –The Beacon Hill Institute’s 13th annual State Competitiveness Report ranked Delaware second for business incubation in 2013, thanks to programs such as the Emerging Enterprise Center (EEC) of New Castle County Chamber of Commerce (NCCCC) which creates a nurturing environment to help early stage businesses grow, develop and succeed.
  4. The Kauffman FastTrac program ~ A combined effort between DEDO and Delaware Technical Community College, the Kauffman FastTrac program has trained over 300,00 entrepreneurs nationwide by helping them to develop business plans and guides small-business owners who want to take their enterprise to the next level.
  5. State Small Business Credit Initiative (SSBCI) The program is designed to enhance access to capital and lower interest rates provided to small business. The plan dedicates $12.1 million to create a new participation program between DEDO, lending institutions and their small business clients and dedicates $1 million to the Delaware Capital Access Program. .

Meanwhile, there a numerous other reasons to do business in Delaware, such as the DEMEP (Delaware Manufacturing Extension Partnership) that helps ‘forward thinking manufacturers’ to remain competitive, the DWIB (Delaware Workforce Investment Board) that offers ‘Employee Training Grants’ or the Brownfield Assistance Program which provides matching grants to owners and developers in order to encourage the redevelopment within the state.

Are you a Delaware Business that has benefited from one of these various programs? Please share with us your story so Delaware can continue to lift up businesses throughout the state and encourage growth and the entrepreneurial spirit!

5 Top Reasons to do Business in Delaware




The NCCCC Annual Chamber Charity Challenge Benefits The Delaware KIDS Fund

October 7, 2014

beach winner

The New Castle County Chamber of Commerce hosted its 8th Annual County Chamber Charity Challenge at Cavaliers Country Club on September 10th and through a raffle was able to raise $2000 for The Delaware KIDS Fund, a charitable organization which benefits kids in distressed situations and established by HHA V.P., Thomas J. Hanna.

Congratulations to Joe Panchisin, the lucky winner of the raffle grand prize! Joe won a ‘Week stay at The Residences at Lighthouse Cove in Dewey Beach‘. The 2 bedroom luxury condominium overlooks the Rehoboth Bay in Dewey Beach and is part of Dewey Beach Enterprises resort development project.

Dewey Beach Enterprises (DBE) recently announced that the company was ready to move onto the next phase of construction for the resort project, which encompasses the Hyatt Place Hotel; penthouse and bayside residential condominiums; retail stores and restaurants; a future conference center; and an array of public amenities.




Harvey Hanna Hosting a Brokers Open House October 8th

October 3, 2014

[youtube https://www.youtube.com/watch?v=BH1Mxw4RfZE]

Harvey Hanna & Associates (HHA) is hosting a Brokers Open House for the Creekwood Corporate Center (910 West Basin Road New Castle, DE 19720) on Wednesday, October 8th from 8:30 am to 9:30 am.

All Commercial Real Estate Brokers are welcome and will be eligible to win cash prizes!

There will be a raffling off of a ‘Two Night Stay at Hyatt Place Dewey Beach’ and ‘Flyers Tickets’ and a complimentary Breakfast Buffett provided by Appleton Catering.

We’ll also be hosting a “Putt Putt for Prizes”. Brokers will have the chance to sink a putt from 18 ft for HHA coffee mugs, tumblers, polos and more!

The Creekwood Corporate Center offers 66,000 square feet of Class A Office Space with great access to Route 141 and I-95 just south of the Wilmington, Delaware. It is conveniently located with easy access to restaurants, banks and shopping.

To RSVP or for more info, contact Ryan Kennedy – rkennedy@harveyhanna.com

BrokerOpenINvite

BrokerOpenINvite




How to Compute the Square Footage for Your Combined Office and Warehouse Space

August 20, 2014

How Much Space is Enough Space?

­If you are currently looking for warehouse space and know what features you’ll need in that space, then the next step is figuring out how much square footage you’ll need.

Sometimes, a business needs a combination of office and warehouse space, so figuring out the office needs is a good beginning. With more traditional office scenarios where you’re providing actual work stations, you can estimate 175-250 square feet per employee. However, if you’ll need a couple of larger executive offices then you need to estimate more square footage for additional space. Somewhere in the range of 150-400 square feet. While secretarial or administrative space will range from 60-110 square feet.

Don’t forget to compute conference rooms, allowing for 25-30 square feet per person for a traditional conference room arrangement or 15 square feet per person for a classroom type setup.

If you require a reception area, plan on about 300 square feet for groups of 6-9 people arriving and waiting in your reception area at a time or around 200 square feet for smaller groups of 3-5.

Other space requirements to consider should be filing areas, break rooms, mail rooms, and general storage needs.

Figure in non-assigned workstations for those workers that spend little time at the facility. You can save tremendously on your square footage by using this type of system.

Finally, figure out the amount of square footage you’ll need for your actual inventory and remember that cubic storage greatly increases when using a warehouse with higher ceilings and there is a clear benefit to investing in taller racking systems and logistical equipment.

Here is a great tool for computing warehouse space and some other factors to consider when designing and configuring your warehouse racking system.

And here is a Racking Comparison Chart:

Cubic storage increase provided by 36′ clear building:

  • 36′
  • 32′ – 11%
  • 30′ – 18.5%
  • 28′ – 27%
  • 26′ – 37%
  • 24′ – 49%

Having the ability to properly calculate and report the actual warehouse storage costs is a key to financial planning, as well as logistics and inventory planning. Many factors should be considered when calculating these expenses. While capturing this data can be challenging, it is critical for a company to compute its true costs and profit.

industrial_large01

If you are looking to locate your warehouse in the Delaware area, check out the properties that are strategically located along the northeast corridor with convenient access for distribution and available through Harvey Hanna and Associates, a full service commercial real estate development company.




Good News – Industry Property Sector is Posting Continuous Gains

August 12, 2014

The demand for industrial space and medical office space has grown across the nation. For real estate investors, this is good news. However, understanding the rewards versus the risk is essential to making wise financial decisions when investing in real estate.

Are you considering investing in commercial property?

Often, commercial properties are more lucrative than residential properties. However, the higher chance of profit comes with greater risks. Here is an excellent article regarding the ‘Pros and Cons of Investing in Commercial Real Estate’ that can help you gain a clearer picture.

One incentive to investing in commercial real estate is the greater potential for return. It is estimated that the annual return on commercial properties can be between 6-12 percent, while residential is 1-4 percent.

There is also the factor that the business owners that will be leasing from you have a natural incentive to properly maintaining their stores or office space in order to retain customers and make a good impression. Adversely, residential leasers often lack this incentive and can be lax in maintaining or even informing the owner when major issues arise.

However, as a commercial landlord there is a bigger time commitment, investment and risk. What is your opinion? Do you think now is a good time to invest in commercial real estate?

[youtube https://www.youtube.com/watch?v=rWnU-yW7pS0?rel=0]

Harvey Hanna & Associates provides the creative commercial real estate solutions to the Mid-Atlantic region, assisting start-ups to fortune 500 companies find the right solution for their particular needs. We offer real estate investments, property management, industrial, manufacturing and retail properties, as well of professional offices and distribution centers.

 

 




Do you feel that your Delaware Business is a Superstar?

July 21, 2014

If you think your business should be recognized as a rising star, why not apply for the 2014 Superstars in Business Award. This award has been given annually since 1998 in honor of and named after, Marvin S. Gilman, a small business leader in Delaware. He was president of the much respected Gilman Development Company and was inducted into the ‘National Housing Hall of Fame’.

‘The Superstars in Business award honors businesses and non-profit organizations for their outstanding achievements and model approaches to business and management.’ – DSCC

To be eligible your business must be a member of Delaware State Chamber of Commerce, have 150 employees or fewer, and been in business for at least three consecutive years. Applications are due by 12 pm on August 21, 2014.

Winners will be honored at a luncheon on November 12, 2014 in the Gold Ballroom of the Hotel DuPont.

Click Here for more Details on How to Apply and to see past recipients.

Does Your Business Need Help With Relocation?

Harvey Hanna & Associates provides many options for companies looking to gain a competitive advantage in today’s market place. From start-up entrepreneurs to fortune 500 companies, HHA assists in the establishment of a foothold on the East Coast through custom real estate development.

Get in Touch Today!

HarveyHanna.com | 302-323-9300 | info@harveyhanna.com




Good News Delaware, Your Beaches are the Cleanest!

July 1, 2014

Good News Delaware, Your Beaches are the Cleanest!

The National Resource Defense Council (NRDC) ranked Delaware Beaches as the cleanest in a ‘Testing the Waters 2014’ Report that presents information on water quality at more than three thousand national beaches along the shores of the Atlantic Oceans, Pacific Oceans, Gulf of Mexico and the Great Lakes.

Dewey Beach was dubbed the “superstar” of beaches by Delawareonline

Delaware Beaches ranked 1 of 30 states for clean beach water and 3% of its beaches in 2013 exceeded “beach action values (BAV)* which is monitored by local officials who test beach water for bacteria and issue closings or advisories when bacteria levels exceed a certain threshold.

Delaware has 50 miles of Delaware Bay coastline, 25 miles of Atlantic Ocean coastline, and 115 miles of inland shoreline along Rehoboth Bay, Indian River Bay, and Little Assawoman Bay. The state’s marine beach water monitoring program is administered by the Delaware Department of Natural Resources and Environmental Control (DNREC).—NRDC Report

This is indeed good news for Delaware whose shoreline represents a $2.2 billion industry, a major part of the state’s economy. This report and the ‘ABC Travel Guides for Kids’ that designated Rehoboth Beach as #4 in its ‘Top 5 US Family East Coast Beach Destinations for 2014’ will help to contribute to what is expected to be a record-breaking season.

A summer forecast for Delaware beaches from the state’s Tourism Office suggested this might be a record-breaking season. The Rehoboth Beach-Dewey Beach Chamber of Commerce and Southern Delaware Tourism both reported an increase in the number of people requesting information on vacationing in Delaware. —News Journal

If You’re Looking to Invest in Delaware’s Beach Industry, Consider The Residences:

[youtube https://www.youtube.com/watch?v=n93E38UPnFA]

The Residences at Light House Cove, Dewey Beach are a limited collection of sixteen, 2- and 3-bedroom penthouse condominiums. Located above the new Hyatt Place Hotel, The Residences feature sweeping views of both Rehoboth Bay and the Atlantic Coastline.

Sales have begun. Call 302.212.0002 to schedule your private tour and speak with our sales director or Contact Us today.

*The EPA recently issued a new Beach Action Value (BAV), which is a more protective threshold than the national allowable bacteria levels used in previous years to trigger beach advisories.




Good News Delaware … You’re #2!!

June 24, 2014

Good News Delaware … You’re #2!!

 Delaware came in second for the 2014 ‘State New Economy Index.

Not too shabby Delaware!

According to the report, Delaware is the most Globalized of states due to the state’s business-friendly corporate law. This serves to entice both foreign and domestic companies and creates a higher-wage traded service sector.

Thanks to the high-wage traded services, along with direct foreign investment and industry investment in R&D, Delaware moved up 4 rankings since 2010.

Massachusetts has been ranked #1 since the conception of the State New Economy index. This is largely due to the state’s concentration of biotech, hardware and software firms supported by widely renowned universities, such as Harvard and MIT.

California ranked #3, largely due to its domination of venture capital (55% of all U.S. Venture Investments), Silicon Valley and high-tech clusters in the southern part of the state.

The State New Economy Index is a report that focuses on measuring the economic structure of states, unlike other reports that assess state economic performance or state economic policy. (According to ‘The Information Technology & Innovation Foundation’, a Washington, D.C. non-profit, nonpartisan think tank at group whose mission is to help policymakers better understand the nature of the new innovation economy and the publisher of the report)

This report focuses on the simple question, “To what degree does the structure of state economies match the ideal structure of the New Economy (a more global one)?”

The report uses five categories; Knowledge Jobs, Globalization, Economic Dynamism, The Digital Economy, and Innovation Capacity.

To find out more, download the report or go to ITIF website.

Are you in an industry that you feel has helped Delaware rise to second place? If so, what are your thoughts about how Delaware continue to compete in the New Economy?




Delaware Downtown Districts Could Benefit from Revitalization Plan

June 17, 2014

Delaware Downtown Districts Could Benefit from Revitalization Plan

Delaware

Governor Markell signed his $7 million plan, Senate Bill 191, on Thursday, June 5, 2014. The plan’s aim is to promote revitalization of Delaware’s downtown districts.

“The bill passed unanimously in the General Assembly after receiving support from various municipalities and community organizations”, according the article ‘Governor Signs Downtown Economic Bill’ by online publication delaware business daily.

This plan allows for up to 15 Downtown Development Districts, which will give tax credits and other incentives for those investors who make an investment of at least $25,000.

The hope is that Senate Bill 191 will spur on downtown development overall. The incentive is a grant that will subsidize up to 20% of construction cost for all types of projects. This bill not only supports commercial projects, but residential and non-profit projects, as well. The main aim is to attract investors to build in the approved designated downtown districts (DDD), spurring economic growth. (DelawareOnline)

Municipalities have to apply to become one of the DDD, which will be determined initially by the state planning office and ultimately by Governor Markell. One district from each county needs to be designated before a county can receive a second designation.

“It is my hope that this innovative new program to revitalize our downtowns will bring much-needed energy and resources to areas of our state that have been overlooked for too long,’ said the Governor –(delawarebusinessdaily)

Do you live in a municipality that you think could benefit from becoming a Designated Downtown District?

Share with us on Facebook your opinion.