• sLhBvPvks8c5o59YNnyp_YtUjxPMEbxgmNwoohr7Hnk

    Check out the Aug. 27-Sept. 3 issue of the Business Bulletin

    Residential real estate is a mixed bag, according to  our economic  content partner DECON First. New home construction has declined from its 2013 peak, although the resale market remains in good shape. In one positive development, the I-495 bridge opened before the Labor Day weekend, as a pier realignment project went off with no major delays. [...]

  • Data Centers 4

    Data Centers eyes sites in Cecil County, elsewhere: Cecil Whig

    The Data Centers is looking at a site in western Cecil County, Md. after the University of Delaware terminated their plans for a $1.2 billion project on the University of Delaware STAR campus. The Cecil Whig reported that Lisa Webb, who heads economic development in the county, stated that the Principo Business Park near Perryville, [...]

  • Housing starts

    DECON First report: Residential construction dips; resale market stays active

    After news of a spin-off  of its newspaper properties, Gannett’s Delaware newspaper is poised for a major restructuring of its newsroom. Last week, reports surfaced that the News Journal joined a round of sweeping reorganizations of newsrooms at Gannett. News Journal management has been mum on the possible moves, although their counterparts elsewhere were touting [...]

  • News journal

    News-Journal makes moves toward editorial reorganization that will reduce staff

    The decision by Gannett Co. to spin off its print and television properties received little attention locally. But that has not stopped speculation that big changes are ahead. Those changes were felt late this week when the News Journal joined a round of sweeping reorganizations of newsrooms. The process involves  staff applying for fewer available [...]

  • Left to Right: Fred Fortunato of Benchmark Builders, Michael J. Murphy, Sr. & Michael J. Murphy, Jr. of Murphy Homes and Matt Thompson of Thompson Communities.

    Town of Whitehall announces guild comprised of area home-builders

    The Town of Whitehall has announced the creation of a Builders Guild. Also offered were details on the vision for the community near Middletown. The Builders Guild includes area builders. Benchmark Builders of Wilmington, will construct neighborhood cottages and courtyard homes. Murphy Homes of Newtown Square, Pennsylvania will build estate and custom homes, and Thompson [...]

  • eden

    MCB Real Estate & Acadia Acquire Eden Square for reported $25M

    A  joint venture between affiliates of Baltimore-based MCB Real Estate, LLC and Acadia Realty Trust through Acadia Strategic Opportunity Fund IV LLC, acquired  the  235,508 square foot Eden Square shopping center off Route 40 in Bear. The News Journal reported the sales price was around $25 million. CBRE’s Kevin McClernon and George Schmitt represented the seller, Bellevue Holdings, in the [...]

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