Tag Archive: Wilmington development

Downtown Wilmington DE

The Buccini/Pollin Group Featured on ReBusinessOnline.com: Increase in Tech Employment Drives Growth in Wilmington, Del. Office Market

 February 21, 2018    

By Taylor Williams In Delaware’s largest city, Wilmington, it is a tenant’s market when it comes to office leasing. There is much activity and redevelopment to attract new tenants downtown. Rental rates hover around $18 to $21 per square foot for Class B office space and $23-plus for Class A office space. Vacancy for Wilmington and its suburbs combined has decreased to around 13 percent. In the past year, nearly vacant office buildings have garnered...

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