Hatzel & Buehler to Double Size of Office Operations in Move to 8,076 SF at Delaware Corporate Center
WILMINGTON, DE………….Hatzel & Buehler, America’s oldest electrical contracting firm, established in 1884, is doubling the size of one of its Delaware offices with the lease of approximately 8,076 square feet at 1 Righter Parkway within the Delaware Corporate Center.
Dan Gummel, a vice president with PernaFrederick Commercial Real Estate in Philadelphia, represented Hatzel & Buehler in negotiating the long-term agreement with 1 Righter L.L.C., an affiliate of BPG Real Estate, the owner of the 3-story 104,761 square foot multi-tenant class A office building.
Virtus Realty Advisors cooperated with PernaFrederick and represented building ownership in finalizing the terms of the lease for which no aggregate rental was disclosed.
According to Gummel, Hatzel & Buehler will occupy a portion of the first floor of the structure that was built in 1987 on an 8-acre site fronting the southbound lanes of Route 202 in North Wilmington. The firm has been situated in approximately 4,000 square feet in a building at 2093 Philadelphia Pike in Claymont, Delaware that the firm owns and which is currently on the market for sale.
Hatzel & Buehler plans to move to its new space in Delaware Corporate Center in the third quarter of this year, Gummel said.
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