New Partnership Targets DE Assets

WILMINGTON, DE-The Buccini/Pollin Group and Brandywine Fine Properties Sotheby’s International Realty have formed a marketing partnership. The initiative will include new sales offices and models and an improved broker program. Sotheby’s International Realty network includes more than 8,500 sales associates located in more than 450 offices in the US and 27 other countries and territories.

The goal of the partnership is to introduce this small mid-Atlantic state–with a particular focus on Wilmington’s Riverfront–to new investors. “We are looking forward to bringing a new audience to a new Wilmington,” says Mark Hughes, owning partner of BFP Sotheby’s International Realty.

The first efforts will focus on the River Tower at Christina Landing and Justison Landing–respectively a luxury multifamily and a $400 million dollar mixed-use development with on the riverfront with 700 residences, 300,000 sf of office and 75,000 sf of retail. Other Buccini/Pollin Riverfront projects include a 140,000-sf retail center under development, which will include a ShopRite–the city’s first major grocery store for downtown and riverfront residents. The company is also revitalizing Market Street, Wilmington’s historic corridor.