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


34 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
Contact via Email

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

Olive oil healthier for fried foods
London, Oct 23 (IANS) Love fried food? Try olive oil as it withstands the heat of the fryer or pan better than several other seed oils to yield healthier food.
Skin patches may replace traditional blood test
London, Oct 23 (IANS) A team of researchers has designed and successfully tested, for the first time, a small skin patch that detected malarial proteins in live mice.
Migrant workers in UAE exploited, abused: report
Manila, Oct 23 (IANS) Migrant domestic workers in the United Arab Emirates (UAE) are beaten, exploited and trapped in forced labour situations, Human Rights Watch said in a report released Thursday.
Drug to restore hearing loss being developed
New York, Oct 23 (IANS) Boosting the production of a key protein, called NT3, could help restore hearing loss caused by noise exposure and normal ageing, a research found.

Latest from the Network

European Champions League standings
Paris, Oct 22 (IANS) Following are the European Champions League standings for Groups E to H after Tuesday's matches (tabulated under matches played, won, drawn, lost, goals for, against, points), according to Xinhua...
Read more on Sport Balla
Rogerio set to break Giggs world record
Rio de Janeiro, Oct 22 (IANS) Sao Paulo goalkeeper Rogerio Ceni is one victory away from earning his fourth Guinness World Record by eclipsing a mark held by Manchester United legend Ryan Giggs. The 41-year-old will...
Read more on Sport Balla
Ryan Reynolds can't keep his hands off Blake Lively
Ryan Reynolds was ''really sweet'' to Blake Lively at the Angel City Ball. The couple, who got married in September 2012, made their first red carpet appearance together in New York City on Monday night (10.20.14) since...
Read more on Celebrity Balla
Kris Jenner doesn't know who Bruce Jenner is dating
Kris Jenner has ''no idea'' whether Bruce Jenner is dating her best friend. The 58-year-old reality TV star, who split from the Olympic gold medallist last October after 23 years of marriage, claims she doesn't know if...
Read more on Celebrity Balla
When Rihanna dressed like 'Harry Potter'
New York, Oct 22 (IANS) Singer Rihanna was spotted here in a Harry Potter style costume. She wore the wizard-like get-up while heading for a business meal here Monday, reports mirror.co.uk. The 26-year-old combined a...
Read more on Celebrity Balla
Germany raises humanitarian aid to Iraq
Berlin, Oct 22 (IANS) Germany has pledged a further 20 million euros (about 25.5 million dollars) in humanitarian aid to Iraq, the foreign ministry said in a statement Tuesday. The additional funds are immediately...
Read more on Politics Balla
India calls on Israel, Palestine to resume peace process
United Nations, Oct 22 (IANS) India has called upon Israelis and Palestinians to resume the peace process as "dialogue remains the only viable option" to address the issues confronting the region. In a brief statement...
Read more on Politics Balla
Airstrikes help ground forces fight IS: Pentagon
Washington, Oct 22 (IANS) Kurdish forces are in control of the majority of the Syrian city of Kobane despite efforts by the Islamic State (IS) to take the town, a spokesperson for US defence department said Tuesday....
Read more on Politics Balla
Palestine, Israel urged at UN to halt unilateral initiatives
United Nations, Oct 22 (IANS) UN Secretary-General Ban Ki- moon Tuesday called on Palestine and Israel to overcome differences and halt unilateral initiatives that fuel mistrust, so as to pursue long-term stability in...
Read more on Politics Balla
China urges Israel to create conditions for peace
United Nations, Oct 22 (IANS) Chinese government has called on Israel to create necessary conditions for the resumption of peace talks with Palestine. At an open debate of the Security Council on the situation of the...
Read more on Politics Balla