BUCCINI POLLIN GROUP ANNOUNCES PENN MEDICINE’S ENTRY TO DELAWARE WITH LEASE AT BPG’S THE CONCORD

Long-term lease secures 40,000 square feet in thriving mixed-use campus near Concord Pike corridor

WILMINGTON, DE – February 4, 2026 – Buccini Pollin Group, Inc. (BPG) today announced that Penn Medicine has entered into a long-term lease at The Concord, where the health system plans to open its first Delaware location on the 550,000 square-foot, 45-acre mixed-use campus in Wilmington. The health system will occupy 40,000 square feet at 3505 Silverside Road. The campus, featuring 418,000 square feet of commercial office space, is 89% leased following the transaction.

Formerly known as Concord Plaza, BPG purchased The Concord site in 2003 and launched an extensive, $100 million mixed-use redevelopment in 2016 to introduce multifamily residential and retail to complement the 20-building office park.

The first phase, completed in June 2019, built 166 luxury apartments and 30,000 square feet of ground-floor retail across three, five-story buildings. The second phase was completed in 2021 with the addition of 60 apartments, 12,000 square feet of retail space, and a new three-story, 60,000 square-foot built-to-suit Class A office space for the financial technology company Marlette Holdings, Inc., the parent company of the Best Egg consumer lending platform. The final phase added 113 residential units across two buildings.

Completed in 2022, The Concord redevelopment converted 185,000 square feet of underutilized office space to 339 luxury apartments across six buildings, 42,000 square feet of retail space, and the 60,000 square foot Class A office space in a walkable community setting. Today, the residential units are 99% leased.

“Our goal for Concord Plaza was to transform a traditional commercial office park into a vibrant destination anchored with best-in-class living opportunities, convenient amenities, curated retail, and fantastic dining options,” said Chris Buccini, founder of Buccini Pollin Group. “The success of this ambitious endeavor is exemplified by Penn Medicine, whose commitment to The Concord now makes it the premiere medical services center in Delaware.”

Commercial tenants, residents, and guests also enjoy easy access to a full range of on-site dining, amenities, services, and resources. Additional tenants at The Concord include The Mill coworking space, Amstel Barbershop, Bright Horizons Daycare, PetVet365, Solidcore, SweatHouz, and robust dining options, including Taverna, El Camino Mexican Kitchen, and Boro Cafe’ Gelateria & Patisserie. The Concord is also conveniently located near Route 202, two miles from downtown Wilmington, and only 30 minutes from the Philadelphia International Airport.

The addition of Penn Medicine continues record-breaking activity for BPG, which has leased more than 457,000 square feet of commercial office space across its portfolio in the last 12 months.