Emory Hill News

NAI Emory Hill Sells Wilmington Warehouse, to Be Converted to Apartments | March 2, 2015

A warehouse building and adjacent land at 1320 Clifford Brown Walk in downtown Wilmington have been sold and will be re-purposed into an 80-unit residential development called The Lofts at Clifford Brown Walk.

The four-story, 83,000 SF building, which sits on over two acres of riverfront land along the Brandywine River, was acquired by 1320 CBW LLC. Located next door to Howard High School of Technology, the building was formerly home to Iron Mountain, Security Archives & Storage Company, and Kaumagraph Corporation.

Sasco Realty Too, Inc. was the seller and was represented by Jon Hickey of NAI Emory Hill Real Estate Services, New Castle, DE. 132O CBW LLC is an affiliate of Chatham Bay Group, a Wilmington-based development company. The buyer’s agent was Brett DiClemente of Newmark Grubb Knight Frank.Photo 8

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