400 - 700 White Clay Center

Jones Lang LaSalle Americas, Inc. (“JLL”) has been retained on an exclusive basis to arrange the

sale of the 400-700 White Clay Center (the “Campus”), a 228,072 square foot, four-building campus

situated on 23.9 acres in one of Delaware’s most desirable suburban submarkets.

Currently 92.7% leased with a 5.1-year weighted average lease term, the Campus offers a highly

stabilized investment opportunity with immediate, predictable cash flow. This income stability is

reinforced by strong recent leasing velocity, with 180,248 square feet of new leases or renewals signed

since 2022. Featuring highly flexible, single-story layouts, the Campus is anchored by established

tenants such as Citigroup Technology and First Data Corporation. This combination of stable in-place

revenue and manageable lease-up potential offers an exceptional acquisition in a highly supply constrained

market.

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. This concentration of corporate headquarters has created a robust economic ecosystem

that continues to drive demand for high-quality commercial real estate and employment growth

throughout the county.