Positive absorption predicted for Delco in 2016 – who is taking accountability?

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Delaware County experienced 366,282 square feet of leasing activity in Q4 as three major deals scattered across Delaware County accounted for 82.7 percent of leasing activity:

  1. Wilmington-based biopharmaceutical company Incyte Corporation signed two leases for 111,500 square feet at Painter’s Crossing Office Campus in Chadds Ford.
  2. At 2501 Seaport Drive in Chester, Power Windows and Siding agreed to an expanded 104,661 square feet in the former Wells Fargo space.
  3. In Newtown Square, Main Line Health agreed to lease 87,000 square feet at Ellis Preserve, where they already occupy 130,000 square feet.

Delaware County S.F