Jim Bates

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    The company acquired Courthouse Square and Rockwood Office Park, two recently renovated office properties totaling more than 366,000 square feet in Wilmington, Del.

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    The facility received a complete upgrade following its acquisition by Ascent. The company added reinforced concrete and blast doors, making the data center capable of withstanding EF5 tornadoes.

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    Hemisphere Development purchased the currently vacant assets located in the Financial and Theatre districts, with the intention of redeveloping them.

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  • Industry Faces Shortening Runway in 2018

    The U.S. economy is showing few signs of deceleration, creating a matrix of growth opportunities across markets and property types. But for all its strengths, the real estate industry still faces its fair share of headwinds, as the post-recession recovery borders on a decade.

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