WILMINGTON, DE—MetLife is taking approximately 50,000 square feet at 600 N King St. here. The office, formerly known as the Alico Building, is in the midst of a renovation. John Kaczowka of CBRE represented the landlord, AIG, in the transaction.
The renovations include a new lobby, elevators, mechanical and system upgrades, fac¸ade improvements, and renovations to the plaza. AIG expects that with the building's upgrades the building will attract a new class of tenants, Kaczowka says. "We believe this building will be ideally suited for law firm type tenants who will enjoy a location next to the courthouse with an abundance of parking below the building."
Located in Downtown Wilmington, 600 N. King St. is also blocks away from the Amtrak Station and the Riverfront. It is next to the Double Tree Hotel.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
