Emory Hill News

Downtown Wilmington Office Building Sold to Hotel Owner

March 2, 2015
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DSC_1060An iconic Wilmington office building has been sold and will be converted to a hotel by the new owner. 1300 Market Street, a seven-story building located at the corner of 13th and Market Streets in the Wilmington Central Business District, has been purchased by Canon Patel, President of Canon Hospitality Management LLC, which is based in Newark and operates hotel and hospitality properties in Delaware and Pennsylvania.

Patel said the new hotel, which will reveal its flagship brand name in the near future, will target extended stay travelers and will have about 96 total suites to include 84 studio suites and 12 one-bedroom suites. All will have full-size upscale kitchens. The hotel will also feature a two-story 3,500 SF breakfast lounge, market pantry, about 3,000 SF of meeting and flex space, a fitness center and guest laundry facilities.

“We are thrilled to be part of the downtown Wilmington community and to contribute to the local economy by providing jobs,” Patel said. “We expect to hire about 20 full-time and 15 part-time employees, and the hotel to be open for occupancy in early 2016.”

The renovation project is already underway and will also create construction jobs according to NAI Emory Hill agents Dave Morrison, CCIM and Jonathan Hickey, who brokered the transaction. The seller was Airport Business Center V LLLP of New Castle, DE.

The 67,000 square-foot office building was originally designed by noted Wilmington architect Walter Carlson in 1951. A contiguous building on 13th Street was annexed in 1984 to enhance the asset. For many years, 1300 Market Street was best known as home to the administrative offices and retail banking operation of Beneficial Bank. In recent years, it has served as a multi-tenant office building.

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Emory Hill & Company Wins 3 ABC Awards!

November 25, 2014
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abc 3abc 2abc awards
Congratulations to Emory Hill & Company for winning three 2014 ABC Delaware Awards for the Seeds of Greatness Bible Church and the Ferris School Juvenile Multi-Purpose facilty! Pictured : 1) l to r: Emory Hill’s Ken Robertson and Chris Sturm and Toren Williams of Architectural Alliance receive the Merit Award from ABC Delaware Chairman Paul Langan for Seeds of Greatness; 2) l to r: Paul Langan presents Merit Award to Emory Hill’s Frank Tier and architect Maureen Rozanski of BSA&A for Ferris School project; 3) l to r: Paul Langan presents Green Building Award to Emory Hill Construction Director Bob Liberato and Maureen Rozasnki for Ferris facility which is seeking LEED Gold certification. See More

 


Emory Hill Hires Two in Construction

January 16, 2014
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Emory Hill & Company is pleased to announce that Theodore (Tab) Book and Ed Kotsay have both joined the firm as construction project managers. Tab Book will serve as a project manager and has over 30 years of experience in the construction industry. His recent projects have included a 12,000 SF building for the Army Corp of Engineers at Dover Air Force Base (a LEED Silver Project), a 200,000 SF design/build office campus in Dover, DE, Southside Family Practice, Dynamic Physical Therapy, Wells Fargo and many more. Ed Kotsay will serve as an estimator and project manager and has more than twenty years of experience in the construction industry in both areas. Prior to joining Emory Hill, he worked for several firms in New Jersey and Pennsylvania including Keating Building Corporation, Skanska USA and Tri-State Design Construction.

Tab-Construction       ed-kotsay rev


Bear Royal Farms Introduces “Fryer to Fuel” Program

December 30, 2013
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ribbon cutting

 

At the ribbon cutting of its newest store built by Emory Hill & Company in Bear, Delaware, Royal Farms revealed its “Fryer to Fuel” program which converts chicken oil into diesel fuel, raising the bar still higher for the convenience store chain when it comes to environmentally friendly practices.  Royal Farms is the state’s leading retail chain when it comes to having the most stores built to LEED standards and/or certification. Emory Hill & Company was the general contractor on the Bear store, which is seeking LEED certification as well as those in Glasgow, Georgetown and Dover which were also built to LEED standards and/or certification. Emory Hill was also recently awarded a contract to build the next store to be built in Ocean View.

Construction, RF & LEED


DE Juvenile Facility Constructed by Emory Hill & Co. to Seek LEED Gold

December 16, 2013
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Ribbon cutting - Ferris

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Delaware Governor Jack Markell was on hand December 12 for a ribbon cutting ceremony to officially open the Department’s new Juvenile Multi-Purpose Education Facility at the Ferris School for Boys just outside Wilmington. The facility was constructed by Emory Hill & Company for the Delaware Children’s Department, which is seeking LEED Gold certification. The $5 million dollar facility was funded as a result of the Capital Budget process through the Building Delaware’s Future Now Funding.  The 14,000 SF state-of-the-art building which sits on the Agency’s administrative campus near Newport will be the new educational home for youth who are committed to the Department’s Level IV Residential Cottages.  The building was designed in accordance with Governor Markell’s EO 18 to design new state buildings to be LEED certified. The Department is pursuing Gold level LEED certification by mid-2014.

 

 

 

 

 

 

 


NAI Emory Hill Brokers Get Elected!

September 13, 2013
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NAI Emory Hill is pleased to announce that commercial real estate agent Emily Drake has been elected President of the New Castle County Chamber of Commerce’s Young Professionals Network. Her new one-year term begins in September. Emily has been with Emory Hill for several months and has experience in sales and marketing and a Bachelor of Science degree in Leadership from the University of Delaware. She represents all types of property transactions out of Emory Hill’s corporate offices in New Castle.

In other NAI Emory Hill news, commercial broker Jim O’Hara Jr. has been elected to the Board of Directors of the Commercial-Industrial Realty Council (CIRC) of Delaware. The announcement was made at the September CIRC Annual Meeting. Jim serves as the Director of Brokerage for NAI Emory Hill and is a principal of the firm. He has been involved in the real estate business since 1972 and started Jim O’Hara Realty Associates LLC in 1999, joining Emory Hill in 2008. Jim is licensed in Delaware and Pennsylvania and represents all types of properties with a focus on retail.

Congrats Emily and Jim!Emily photo Jim O'Hara Jr


Emory Hill Welcomes Joe Fonash!

August 15, 2013
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Emory Hill Real Estate Services, Inc. is pleased to announce that Joseph Fonash has joined the firm as a new commercial property manager. Before joining Emory Hill, Joe worked as a property manager for SSH Management, LLC in Philadelphia, where he managed a portfolio of commercial, residential, retail and mixed-use buildings. Prior to SSH Management, LLC, Joe started his career with Ironstone Strategic Capital Partners as a Residential Property Manager and Leasing Agent.  Joe’s responsibilities will include managing office, industrial and retail properties. He holds a Pennsylvania Real Estate License and is active in his Philadelphia neighborhood of Fishtown, working with local councilmen, businesses and developers in engaging the community with events, changes and development.  He is a graduate of Temple University where he earned a Bachelor of Arts Degree in English. Welcome Joe!

Joe Fonash

Joe Fonash

 


Emory Hill Welcomes New CFO

May 23, 2013
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Emory Hill Companies is pleased to announce that Steve Endres has joined the firm as the new Chief Financial Officer.Steve has more than 25 years of experience as a Certified Public Accountant including working for Ernst & Young in Baltimore and the past 15 years as a CFO/Controller for real estate businesses including Mid-Atlantic Properties, Inc., Nottingham Properties, Inc., and the James F. Knott Realty Group. His responsibilities will include overseeing all accounting functions of the firm, overseeing the accounting staff, working with the various department heads on budgets and operations, procurement and establishing and maintaining relationships with banking institutions and outside accountants. Steve is a graduate of the University of Baltimore where he earned his Bachelor of Science in Business Administration. He is a member of the American Institute of Certified Public Accountants.

 Steve Endres


Emory Hill Hires Three New Brokers!

March 13, 2013
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Emily photoNAI Emory Hill is pleased to welcome three new brokers – Emily Drake, who is working out of the New Castle County, and Ann Bailey and Ted Nutter, both of whom will work from the Lewes office serving Kent and Sussex counties.

Emily has several years of experience in sales and marketing and a Bachelor of Science degree in Leadership from the University of Delaware. She will be representing all types of property transactions out of Emory Hill’s corporate offices in New Castle.

Ann is a Certified Commercial Investment Member (CCIM) and commercial real estate broker who was previously with Jackson Cross Partners and employed by the original Jackson Cross Company for 16 years. She specializes in multi-family properties and has more than 27 years of real estate experience in commercial brokerage, holding licenses in Delaware, Pennsylvania, New Jersey and Florida. Ann received her Bachelor of Arts at Temple University where she studied at the Center City Real Estate Institute. She resides in Rehoboth Beach.

Ted has held a Delaware real estate license for more than 35 years.  His extensive experience and training has encompassed residential and commercial brokerage, new home sales, appraisal, property management, and real estate finance. Ted is a former Executive Director of the Wilmington Economic Development Corporation and was responsible for securing millions of dollars of financial assistance for small businesses throughout the City of Wilmington and New Castle County. He also worked for the state as Real Property Administrator in the Department of Administrative Services where he negotiated commercial leases for state facilities. He is a graduate of Lehigh University and earned a Master Degree from the University of Delaware College of Urban Affairs and Public Policy. Ted also served as a City Councilman and Deputy Mayor in his hometown of Newark. He now resides in Dover.Ann Bailey 1-2012Ted edited


Bob Hill Wins 2012 DCA “Dickie” Award!

October 31, 2012
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Bob Hill, President of Emory Hill & Company, was presented with the 2012 Richard P. DiSabatino Sr. Award by the Delaware Contractors Association (DCA) at its 43rd Annual Meeting at the Chase Center on the Riverfront. Known affectionately as the “Dickie Award,” the honor was established 14 years ago by the DCA Executive Committee to annually honor the individual who has worked most diligently on behalf of the DCA during the past year. “This year’s recipient has been extremely active with the association,” said Rick DiSabatino, who presented the award on behalf of the DCA.  Bob “has worked tirelessly for DCA this past year and has served with great dedication while providing valuable insight into issues affecting the industry,” and “has not only been supportive of the association, but our industry as a whole.” Bob Hill is a Past President of DCA and is actively involved on the Finance, Nominating and Government Affairs Committees, the Civic Affairs Construction Council (PAC) and regularly attends DCA Board and Executive Committee meetings.


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