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Douglas Development Executes Three Office Leases in Wilmington
CBRE announced the completion of three office leases totaling 24,332 square feet at PNC Bank Center, a fully renovated office building located at 222 Delaware Avenue in Wilmington, Delaware.
The law firms of Ballard Spahr, Wilson Sonsini Goodrich & Rosati, and Scott + Scott all committed to office space at the office property. CBRE’s John Kaczowka spearheads the office leasing campaign at the property and represented the ownership, Douglas Development, in the lease negotiations.
Among the largest recent deals completed was an 11,505 square feet lease for part of the 10th floor by national law firm Ballard Spahr in a transaction represented by Cushman & Wakefield. Multinational law firm Wilson Sonsini Goodrich & Rosati expanded its presence at the property, taking an additional 7,336 square feet of space on part of the 9th floor.
Wilson Sonsini was represented by Washington Realty Group/Gola Corporate Real Estate in the lease negotiations. International law firm Scott + Scott also inked a 5,492 square foot lease expansion on the 14th floor in a deal arranged by JLL on behalf of the practice.
