Description

Jones Lang LaSalle Americas, Inc. (“JLL”) has been retained on an exclusive basis to arrange the sale of the 100-300 White Clay Center (the “Campus”), a 264,410 square foot, three-building campus situated on 19.7 acres in one of Delaware’s most desirable suburban submarkets.

The Campus presents a dual-faceted industrial opportunity pairing immediate warehouse cash flow with high-upside redevelopment potential. Immediate income is anchored by Building 300, a functional 125,000-square-foot warehouse that is 64.8% leased to Oracle Global Supplynet through June 2028 at an in-place rent of $10.50 PSF with 4.00% annual escalations.

Complementing this asset is the redevelopment potential of Buildings 100 and 200, which sit on 10.03 acres of Industrial-zoned land on two separate parcels. With the final lease expiring in July 2028, the site is well-positioned for a timely ground-up industrial development to meet strong regional demand.

New Castle County, despite being the smallest county in Delaware, stands as the state’s most economically developed region. This distinction stems from Delaware’s business-friendly regulatory environment and favorable corporate laws, which have attracted over 50% of publicly traded companies and 60% of Fortune 500 companies to establish New Castle County as their corporate domicile.

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