NAI Emory Hill Sells Warehouse During Pandemic

Wilmington, DE – NAI Emory Hill (www.naiemoryhill.com) is pleased to announce the sale of 3 James Court in the City of Wilmington, a 23,000 SF Industrial Building with dock and drive in loading. 3 James Court located off of South Market Street, between the new Christina River bridge and the 76ers field house and in a federally recognized QOZ.

Tim Plemmons and Neil Kilian, of NAI Emory Hill, represented the seller in this transaction. Senior Associate Tim Plemmons commented, “an increased demand for industrial buildings like 3 James Court coupled with a low interest rate environment makes now a compelling time for owners of industrial buildings to liquidate and get top dollar.”

The quick sale of 3 James Court highlights the power of the team approach at NAI Emory Hill. Neil Kilian, Principal at NAI Emory Hill, noted, “Our high-powered marketing approach actually coincided with the start of the pandemic, nonetheless, we generated multiple competing offers which led to above asking price cash offers. NAI Emory Hill’s team approach often yields optimal results for the property owners we represent throughout the Mid-Atlantic region.”

About NAI Emory Hill: NAI Emory Hill is a completely full-service commercial and residential real estate firm serving Delaware and the surrounding counties of Maryland, New Jersey and Pennsylvania. Founded in 1981, we have the resources to design, build, finance, lease, sell, manage and maintain commercial and residential properties throughout the Mid-Atlantic.

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