360° Coverage : Roch Capital Inc. Announces a New Lease Tenant, The Nemours...

1 Updates

Roch Capital Inc. Announces a New Lease Tenant, The Nemours Foundation at the Applied Bank Center in Wilmington, Delaware

Feb 24 2014, 11:04am CST | by

Wilmington, DE, February 24, 2014 --(PR.com)-- Roch Capital Inc. Executive Vice President Vincent Abessinio today announced a new lease totaling 70,000 square feet at the Applied Bank Center (...

Filed under: news

YouTube Videos

 
 
 

35 weeks ago

Roch Capital Inc. Announces a New Lease Tenant, The Nemours Foundation at the Applied Bank Center in Wilmington, Delaware

Feb 24 2014, 11:04am CST | by

Wilmington, DE, February 24, 2014 --(PR.com)-- Roch Capital Inc. Executive Vice President Vincent Abessinio today announced a new lease totaling 70,000 square feet at the Applied Bank Center (formerly the "Rollins Building") in suburban Wilmington, Delaware. The new Tenant, The Nemours Foundation, is an internationally recognized children’s health system that owns and operates Nemours/Alfred I. duPont Hospital for Children in Wilmington, Delaware and Nemours Children’s Hospital in Orlando, Florida along with major pediatric specialty clinics in Delaware, Florida, Pennsylvania and New Jersey.

Applied Bank Center has close proximity to the duPont Hospital for Children campus on Rockland Road and will play an important role in Nemours’ master space plan for the Delaware Valley. Nemours intends to move a variety of administrative support services to the Applied Bank Center, as well as relocate Nemours Health and Prevention Services from its current office space in Newark, Delaware.

Applied Bank Center is a 220,000-square-foot office building located at 2200 Concord Pike (Rte. 202) and is managed by Roch Capital Inc. an affiliate of Applied Bank.

The Nemours lease is one of several pending leases for the iconic building, a landmark and the tallest building in suburban Wilmington. “Tenants are responding to the opportunity to lock in Class A space in a prime location,” said Abessinio. “The Applied Bank Center gives companies a notable address and amenities including a full service cafeteria, fitness center, unparalleled views and the convenience of dining and shopping choices all within walking distance. It's a perfect fit for high profile tenants like Nemours.”

“As Delaware’s children’s hospital we are committed to growing our footprint in the First State,” commented Dr. Roy Proujansky, Chief Executive for Nemours Delaware Valley. “The Applied Bank Center offers us high-quality, convenient office space to complement the investments we’re making at our duPont Hospital for Children campus less than a mile away.”

The building is represented by Blaise Fletcher and Jamie Vari of Jones Lang LaSalle, contact: (302) 356-2858.

Hether Smith, Catherine Pullen, and Jay Joyce of Studley, Inc. represented Nemours.

Roch Capital purchased the vacant 220,000 square foot Rollins building in August 2013 and has since renamed it the Applied Bank Center. The building has 14 floors each with floor plates of approximately 14,000 ft and a penthouse suite on the 15th floor. As the only high rise in the North Wilmington market, the Applied Bank Center has unparalleled views including those of Philadelphia, the Delaware Memorial Bridge, and the Senator William V. Roth Jr. Bridge over the C&D Canal. Suite sizes ranging from 6,000 square feet to over 100,000 square feet are available.

Roch Capital Inc. is one of the region's fastest growing Real Estate and Private Equity investment companies. Roch's real estate holdings include office properties in Pennsylvania, Delaware and Florida, as well as retail, hospitality and multi-family properties. Roch's private equity arm recently closed the acquisition of Carbon's Golden Malted to add to its portfolio which includes Applied Bank and Applied Card Systems among other investments.

Please contact Carl Kruelle, Roch Capital's Director of Acquisitions @ (484) 840-2709 for inquires.

Contact Information:
Roch Capital
Buddy Cannelongo
484-840-9179
Contact via Email
rochcap.com

Read the full story here: http://www.pr.com/press-release/543846

Press Release Distributed by PR.com

Source: PR.com

 

Don't miss ...

 

<a href="/latest_stories/all/all/29" rel="author">PR.com</a>
PR.com press-releases.

 

blog comments powered by Disqus

Latest stories

Bhopal fugitive Warren Anderson is dead (Roundup, Changing dateline)
Washington, Oct 31 (IANS) Warren Anderson, the former CEO of Union Carbide Corp, has died at 92 after living for 30 years under the shadow of the 1984 Bhopal gas tragedy that killed thousands.
 
 
Sit-ins delayed building powerhouses: Nawaz Sharif
Islamabad, Oct 31 (IANS) Prime Minister Nawaz Sharif Friday blamed sit-ins for delaying the construction of powerhouses in the country, as cricketer-turned-politician Imran Khan continued protesting with supporters in the capital city for over two months.
 
 
Britain to repay part of First World War debt
London, Oct 31 (IANS) British Chancellor of the Exchequer George Osborne Friday announced that the British government will pay off part of the country's First World War debt as part of the redemption of bonds stretching as far back as the 18th century.
 
 
UN-Habitat presents the first World Cities Day
Shanghai, Oct 31 (IANS/EFE) The UN Human Settlements Programme (UN-Habitat), headed by former Barcelona mayor Joan Clos, Friday launched its first World Cities Day in China, to be held every Oct 31 to promote sustainable development.
 
 
 

Latest from the Network

Apple Outsmarts Samsung in Terms of Revenue Generation
Samsung can sell more products, but it doesn’t mean that it will earn more profit, as Apple overtakes the Korean giant with respect to the earnings.According to the Cult of Mac, Samsung earned a profit of $3.8 billion...
Read more on Apple Balla
 
Apple Declares Not to Remove PCalc iOS Calculator Widget
The PCalc iOs calculator widget is free from the risk of being removed, as Apple decides not to drop it from the App Store.According to Tech Crunch, the officials of Apple have confirmed about the move, stating that it...
Read more on Apple Balla
 
Seth Rogen to Act as Steve Wozniak in the Steve Jobs’ Movie
Seth Rogen has got an important role in the biopic of the late Apple co-founder Steve Jobs, as he has been selected to play as Steve Wozniak.According to the Variety, Rogen will be advised directly by Steve Wozniak, the...
Read more on Apple Balla
 
Ponzy schemer cheats residents of $22 mn, gets 15-year jail
Washington, Oct 31 (IANS) If you have been one of those approached by some 'known' person for investing in something with an assurance of 'easy money', you may benefit reading about this Ponzi schemer jailed in the US...
Read more on Politics Balla
 
Burkina Faso's president quits, army chief takes power (Roundup)
Ouagadougou, Oct 31 (IANS) Burkina Faso's army chief Gen. Nabere Honore Traore assumed power Friday after President Blaise Compaore announced his resignation following violent protests against his attempt to extend...
Read more on Politics Balla
 
Spanish government challenges Catalonia's symbolic vote on independence
Madrid, Oct 31 (IANS/EFE) Spain's government Friday challenged Catalonia's decision to hold a symbolic vote Nov 9 as an alternative to a referendum on independence stalled by the Constitutional Court. The government...
Read more on Politics Balla
 
Myanmar roundtable summit discusses political issues
Nay Pyi Taw, Oct 31 (IANS) Myanmar's first five-party roundtable summit held in the Presidential Palace here Friday discussed some key political issues in the country, presidential spokesman U Ye Htut said at a press...
Read more on Politics Balla
 
Jake Gyllenhaal saves outrageous clothes for Halloween
Jake Gyllenhaal always wears his ''sl***iest outfit'' every Halloween. The 33-year-old actor has revealed his dad, director Stephen Gyllenhaal, is ''obsessed'' with Halloween and throughout his childhood Jake and his...
Read more on Celebrity Balla
 
Katie Holmes would tell her younger self to 'relax'
Katie Holmes would tell her younger self to ''relax''. The 35-year-old actress, who has eight-year-old daughter Suri with ex-husband Tom Cruise, claims she never believed she could carve out a career in Hollywood while...
Read more on Celebrity Balla
 
Joshua Jackson calls Diane Kruger his wife
Joshua Jackson calls Diane Kruger his wife. The 'Affair' star, who previously admitted he and his German girlfriend of eight years are unlikely to ever marry, doesn't like referring to the blonde beauty as his...
Read more on Celebrity Balla