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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




SpringHill Suites and the TKo Hospitality Hire General Manager and Director of Sales

January 30, 2018

SpringHill Suites by Marriott Newark announced today that Scott Craver has been named General Manager and Stephanie Patterson, Director of Sales of the 132-Suite hotel, which is expected to open in May, 2018.

Craver will be directly responsible for managing the day-to-day operations of the hotel. While, Patterson will build client relationships and lead the sales program.

Most recently, Craver served as General Manager at the luxurious Royal Blues Hotel in Deerfield Beach, Florida. He previously worked for Meyer Jabara Hotels in Eastern Pennsylvania and chaired Discover Lehigh Valley, a tourism promotion agency. Ms. Patterson was most recently Sales Manager at the Westin Wilmington, leading and managing their corporate business travel portfolio. She is a native of Newport, Delaware.

“Scott and Stephanie are great additions to our team and bring years of diversified hospitality experience. We look forward to opening under their leadership soon!” said George Danneman, President of Danneman Hospitality.”

The new SpringHill Suites by Marriott will be the first of this brand in the Delaware market. The location, 402 Ogletown Road, is the gateway to downtown and the only brand name hotel located in downtown Newark. It is owned by Danneman Hospitality and managed by TKo Hospitality, a Harvey, Hanna & Associates, Inc. affiliate.

TKo Hospitality Management currently operates the Lighthouse Cove Resort and the Surf Club Hotel, both in Dewey Beach. The hotel’s groundbreaking was last July with a projected opening in May of this year.

“We are excited to be part of this new project in the growing Newark market, and to showcase the SpringHill Suites brand to guests visiting the University of Delaware, local attractions and area corporations,” stated Vince DiFonzo, TKo Management.

Designed for both business and leisure travelers, SpringHill Suites by Marriot Newark will offer suites 25% larger than typical hotel rooms. There will be separate living, working and sleeping spaces in order to provide guests with flexibility and functionality. The hotel offers comfortable beds, soft linens and plush pillows. Each suite also includes the SpringHill Suites’ custom, three-in-one West Elm sofa which converts from a sofa to a daybed to a trundle bed. There is also an ergonomically designed work area with complimentary Wifi.

Complimentary hot breakfast is included daily, featuring both healthful and indulgent items. In the evening, the lobby transforms into a lively nightspot as local craft beer and premium wines are available through the hotel’s full-service bar. A 24/7 Market is also available. The property also has one meeting room with 340 square feet for small groups.

“We are excited to work with Danneman Hospitality to bring the SpringHill Suites to Newark,” said COO and Partner Vince DiFonzo of TKo Hospitality. “I have personally worked in the Newark/Greater Wilmington market for over 20 years and have many relationships within the business community and look forward to introducing them to our new property. We expect the hotel to be a leader in the market with exceptional guest services and look forward to being a part of Main Street Newark and the University of Delaware community.”


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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


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