1001 N Jefferson St, Wilmington, DE 19801

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Building Details:

REIT DIRECTS SALE OF SPECTACULAR
±165,772 SF, CLASS A OFFICE BUILDING

:: INVESTMENT SUMMARY

On Tuesday, March 5th, 2013, CBRE Auction Services is pleased to present for online auction Jefferson Plaza located at 1001 Jefferson Street within the core of the Wilmington, Delaware CBD. The Property is a Class A urban office building totaling ±165,772 square feet of rentable area. The Property is prominently located in the Wilmington MSA’s most desirable office submarket, within a few blocks off I-95, the esteemed Rodney Square section of the City and firmly in the center of retail, office and residential uses within the CBD.

:: INVESTMENT HIGHLIGHTS

- Superior Location – Within the core of the City’s CBD and blocks away from I-95, Rodney Square, numerous full-service hotels, restaurants and the surrounding retail base along Delaware Avenue.

- Value-Add – The Property is currently ±9% leased and occupied, providing tremendous upside potential for a user or investor.
Unique Marketability – The Property features six contiguous, vacant ±21,077 RSF floor plates, providing a unique ability to accommodate a larger user.

- Floor Functionality – The Property’s floor plates are easily divisible to accommodate the varying needs of the marketplace and allow for a multi-tenant component.

- Institutional Quality – The Property is in outstanding condition as Ownership has consistently invested in the Property through an ongoing capital program.

- Discount to Replacement Cost – Opportunity to acquire the Property significantly below estimated replacement cost.

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