WILMINGTON PLAZA

301 WEST 11TH STREET

 BUILDING SPECIFICATIONS

YEAR BUILT: 1997

LEVELS: Ten (10)

RENTABLE
300,000 SF
SQUARE FEET:

AVERAGE
33,000 SF
FLOOR PLATE:

ZONING: C-4 Commercial

TYPICAL CAFÉ ON ALL FLOORS
AVAILABLE
145,000± SF
SQUARE FEET:

Water/Sewer: City of Wilmington

UTILITIES: Generator Fuel: Shellhorn & Hill
Electricity/Gas: Delmarva Power

Adjacent 477-Space Parking Garage

Underground 93-space Parking Garage
Onsite Cafeteria
Completed Upgrade of All Elevators
AMENITIES: Replacing All Revolving Door Entrances
Updated Landscaping
Outdoor Lighting Upgraded to LED
3-Bay Indoor Secured Loading Dock

WILMINGTON PLAZA | 301 WEST 11TH STREET 2

 CAFETERIA LOUNGE

WILMINGTON PLAZA | 301 WEST 11TH STREET 3

 STRUCTURAL SYSTEM
FOUNDATION Concrete footers with a slab-on-grade basement
FRAMING Steel frame with concrete
FLOORS Metal deck composite floors
EXTERIOR WALLS Precast exterior panels
ROOF Standard seam metal EPDM membrane
The building is served by two independent utility feeds
from separate substations having a total power
capacity of 2000kva. The average demand load is
1481KW over the last year with a peak of 1629KW.
Automatic breakers at the basement service entrance
feed a double-ended substation on the lobby level. The
two ends of the substation are connected by an
automatic transfer switch in case of failure on one
ELECTRICAL side or the other. The substation feeds various
mechanical systems and two main bus risers. One bus
feeds the building’s heat pumps and the second bus
for lighting/convenience power.
The building is backed up by two redundant 1.25 MW
generators with a 5000 gal. underground storage tank
and a 150 gal. day tank.
The building uses an Andover access control system.
SECURITY It has a full closed circuit TV system and a stairway
rescue communication system.
WILMINGTON PLAZA | 301 WEST 11TH STREET
CEILING/SLAB Floor to ceiling: 9’ 3”
HEIGHTS Floor to slab: 13’
The building has a fire alarm system and is fully sprinklered
with a 1,000 gpm fire pump. The basement has a dry
sprinkler system and the office floors a typical wet system.
LIFE SAFETY
The building also has two smoke exhaust fans located on
the roof and interlocked with the fire alarm panel and the
building automation system.
The building is served by water-source heat pumps. Heat
rejection is by a 4-cel 150 ton rooftop cooling tower and the
loop has redundant circulation pumps. Make-up air is
tempered by a heat coil fed from two 3,200 MBH gas hot
water boilers in the penthouse and by a 56 ton chiller and
MECHANICAL cold water coil also located in the penthouse. The tenant
operates a computer room on the 6th floor with dedicated
cooling. Each floor’s data closet also has a dedicated heat
pump. All computer room cooling is maintained by the
tenant.
The mechanical system is fully controller with an Alerton
BUILDING IBEX building automation system. Lighting is controlled on
AUTOMATION individual tenant floors by switch.
Gas and electric utilities are provided via Delmarva Power
and Light. Market electric and gas can also be obtained.
UTILITIES Domestic water and fire service is provided by the City of
Wilmington. All utilities are centrally metered with
submeters for electricity on tenant floors.
4
 CAFETERIA SEATING

WILMINGTON PLAZA | 301 WEST 11TH STREET 5

CAFETERIA SERVICE LINE

WILMINGTON PLAZA | 301 WEST 11TH STREET 6

 INTERIOR DETAIL

General lighting consists of T-8 fixtures, both indirect

TENANT LIGHTING and lay-in types. Exterior fixtures are primarily 150 W
metal halide.

The lobby consists of a security station and elevator

LOBBY banks behind access control gates. There are also
potential office, retail and banking tenant spaces.

The basement contains the building’s generators,

BASEMENT
electrical service entrance, mechanical spaces and KITCHEN EQUIPMENT
93 parking spaces. Clear ceiling heights vary with a
6’5” minimum.

Flooring includes carpet in office spaces, ceramic tile

FLOORS accents, terrazzo in the lobby and sealed concrete in
mechanical and service spaces.

Interior construction is typically steel stud and

WALLS drywall.

WILMINGTON PLAZA | 301 WEST 11TH STREET 7

TYPICAL WORKSTATIONS

WILMINGTON PLAZA | 301 WEST 11TH STREET 8

TYPICAL CONFERENCE ROOM

WILMINGTON PLAZA | 301 WEST 11TH STREET 9

ELEVATOR CAB RENDERING OPTION 2

WILMINGTON PLAZA | 301 WEST 11TH STREET 10

ELEVATOR CAB RENDERING OPTION 2

WILMINGTON PLAZA | 301 WEST 11TH STREET 11

MEZZANINE FLOOR PLAN - 14,000± RSF

WILMINGTON PLAZA | 301 WEST 11TH STREET 12

SECOND FLOOR – 33,000± RSF

1 PODS OF 5 = 5
37 PODS OF 6 = 222
TOTAL = 227 Seats
DENSITY = 6.88 / 1,000 SF

WILMINGTON PLAZA | 301 WEST 11TH STREET 13

THIRD FLOOR – 33,000± RSF

1 POD OF 4 = 4
38 PODS OF 6 = 228
TOTAL = 232 Seats
DENSITY = 7.83 / 1,000 SF

WILMINGTON PLAZA | 301 WEST 11TH STREET 14

FOURTH FLOOR – 33,000± RSF

1 POD OF 4 = 4
38 PODS OF 6 = 228
TOTAL = 232 Seats
DENSITY = 7.88 / 1,000 SF

WILMINGTON PLAZA | 301 WEST 11TH STREET 15

FIFTH FLOOR – 33,000± RSF

1 POD OF 2 = 2
38 PODS OF 6 = 228
TOTAL = 255 Seats
DENSITY = 7.72 / 1,000 SF

WILMINGTON PLAZA | 301 WEST 11TH STREET 16

 STACKING PLAN

WILMINGTON PLAZA | 301 WEST 11TH STREET 17

WILMINGTON, DELAWARE

Wilmington is the most populous city in Delaware. The city was built on the site of Fort Christina, the first
Swedish settlement in North America. It is at the confluence of the Christina River and Brandywine River,
near where the Christina flows into the Delaware River. It is the county seat of New Castle County and one
of the major cities in the Delaware Valley metropolitan area.

As of the 2017 United States Census estimate, the city's population is 72,846. It is the fifth least populous
city in the U.S. to be the most populous in its state. The Wilmington Metropolitan Division, comprising New
Castle County, DE, Cecil County, MD and Salem County, NJ, had an estimated 2016 population of 719,876.
The Delaware Valley metropolitan area, which includes the cities of Philadelphia, Pennsylvania, and
Camden, New Jersey, had a 2016 population of 6,070,500, and a combined statistical area of 7,179,357.

CONSTRUCTION ACTIVITY

New office construction is underway in the suburbs but not in the CBD. In Wilmington West, 2951
Centerville Road delivered 63,000 square feet of space in June, while Linden Hill Station, located at 4420
New Linden Road, is scheduled to deliver 26,000 square feet of space later this year. In Wilmington South,
STAR Campus Phase III (100,000 square feet) is scheduled to deliver in August 2019.

ECONOMIC CONDITIONS

The Wilmington metropolitan division’s unemployment rate declined for the sixth consecutive month. At
4.0%, the region’s April unemployment rate was just 10 basis points higher than what was recorded for the
nation during the same period. The region experienced job gains in the construction, trade, transportation
and utilities, and business and professional services sectors, while losing jobs in the information and
leisure and hospitality sectors. Despite job losses in other office sectors, the Wilmington CBD is
experiencing a multifamily and hospitality boom with continued residential and hotel developments.

On the national front, the unemployment rate has reached a new low of 3.9%, the lowest mark since before
the recession. Although the overall national economy is healthy, some observers, including a number of
economists are concerned that President Trump’s tariffs on aluminum and steel will result in increased
costs for consumers and reductions in manufacturing employment. Additionally, the Fed is expected to
raise interest rates soon in response to concerns about rising inflation.

WILMINGTON PLAZA | 301 WEST 11TH STREET 18

WILMINGTON, DELAWARE

EMPLOYMENT BY INDUSTRY UNEMPLOYMENT RATE PAYROLL EMPLOYMENT

Wilmington, DE, Metropolitan Division, Annual Seasonally Adjusted Total Nonfarm, Not Seasonally Adjusted, 12-Month % Change
Average 2017
10.0% 4.0%

8.0% 3.0%

4.9% 6.0% 2.0%

13.4% 4.8%
1.0%
4.0%
4.0% 0.0%
2.0%
-1.0%
18.0% 0.0% Apr-13 Apr-14 Apr-15 Apr-16 Apr-17 Apr-18
9.4%
Apr-13 Apr-14 Apr-15 Apr-16 Apr-17 Apr-18
United States Wilmington, DE, Metropolitan Division
United States Wilmington, DE, Metropolitan Division
1.1%
Source: U.S. Bureau of Labor Statistics, Philadelphia Federal Reserve Bank Source: U.S. Bureau of Labor Statistics

17.4%
12.3%
CONSUMER PRICE INDEX (CPI) EMPLOYMENT GROWTH BY INDUSTRY
14.8%

All Items, 12-Month % Change, Not Seasonally Adjusted Wilmington, DE Metropolitan Division, April 2018, 12-Month %
Change

Construction
Total Nonfarm
Manufacturing 4.0%
Construction
Trade/Transportation/Utilities 3.0% Manufacturing
Information Trade/Transportation/Utilities
2.0% Information
Financial Activities
Financial Activities
Business & Professionals 1.0%
Business & Professional
Education/Health Education/Health
0.0%
Leisure/Hospitality Leisure/Hospitality
Other Services -1.0% Other Services
Government Apr-13 Apr-14 Apr-15 Apr-16 Apr-17 Apr-18 Government
-8.0 -4.0 0.0 4.0 8.0 12.0
United States Wilmington, DE, Metropolitan Division

Source: U.S. Bureau of Labor Statistics Source: U.S. Bureau of Labor Statistics
Source: U.S. Bureau of Labor Statistics

WILMINGTON PLAZA | 301 WEST 11TH STREET 19

 LOCATION MAP

WILMINGTON PLAZA | 301 WEST 11TH STREET 20

 I-95 PROXIMITY

WILMINGTON PLAZA | 301 WEST 11TH STREET 21

 REGIONAL MAP

WILMINGTON PLAZA | 301 WEST 11TH STREET 22

 5
1

AMENITIES MAP
12 3 14

1
2
3 2
1
8
3 8 RESTAURANTS CASUAL DINING UNIQUE LOCATIONS
10 2 11
1 Deep Blue Bar & Grill 1 Urban Café
1 1 Christiana Health Care Services
4 16 4 2 4 2 Mikimotos 2 DuPont Cafeteria & Shops
7 5 5 1 2 Justison Landing Community
9 5 12 3 Washington Street Ale House 3 Dunkin Donuts (Hercules Building)
5 6 21
5 4 Café Mezzanotte 4 Pure Bread Deli 3 Christiana Landing Community
6 10 19
20 8 4 5 Green Room (Hotel DuPont) 5 Starbucks (Nemours Building)
24 The Residences @ Rodney
4
1 6 14 6 Basil Bar & Grill (Sheraton) 6 Brew Ha Ha Square
301 W. 11th Street 1 10 4 3 7 Chelsea Tavern
15 6 7 Cavanaugh’s 5 Brandywine Creek Walk
7 3 8 Iron Hill Brewery 8 Qdoba
2 6 Christina Riverwalk
23 2 9 Joe’s Crab Shack 9 Libby’s
9 3 7 Chase Center on the Riverfront
20 10 Big Fish Grill 10 DiMeo’s
19 18
7 11 Firestone 11 Cosi 8 Wilmington Blue Rocks Stadium
17 12 Harry’s Seafood Grill 12 Bain’s Deli 9 Ships Tavern District
18 14
13 La Fia 13 LOMA Café
10 YMCA Fitness Center
14 Ernest & Scott Taproom 14 Salad Master
15 Extreme Pizza 11 Horizon Riverfront Rink
15 Jimmy John’s
16 218 Grille 16 Zaikka Indian Grill Delaware Center for the
13 1 7 12
17 10 17 Farmer & the Cow Contemporary Arts
17 Starbucks (629 N. Market St.)
18 Bardea 18 Starbucks (329 S. Justison St.) 13 Delaware Children’s Museum
22 10 19 Stich House
9 THEATERS
5 Delaware College of Art and
20 Margaux 14
13 4 1 Rodney Square Design
16 CORPORATE HEADQUARTERS
16 2 The Grand Opera House 15 Crossfit
1 Chemours
15 3 The Baby Grand Theater
2 Wilmington Savings Fund Society 16 Plexus
9 4 DuPont Theater
3 Blue Cross Blue Shield Regional 17 Stratosphere
5 Theater N @ Nemours
4 AAA Mid-Atlantic Regional
6 Tubman Garrett Park 18 DoubleTree by Hilton
1 2 3 9 5 Capital One
8 7 IMAX Riverfront 19 Walgreens
SERVICES
8 Delaware Theatre Company
6 1 Downtown Cleaners 20 Ninth Street Book Shop
11 12 9 OperaDelaware
2 FedEx Kinko’s 21 Sheraton Suites
12 11 10 World Café Live/Queen Theater
3 Tri State Couriers Delaware Technical Community
GOVERNMENT 22
4 4 Parcels, Inc. College
6 3 1 New Castle County Courthouse
5 PNC Bank 23 Rite Aid Pharmacy
2 11 2 City County Building
6 TD Commerce Bank 24 North Wilmington Public Library
3 Carvel State Building
13 7 U.S. Postal Service
4 Federal Building 25 The Westin Wilmington
18 17 8 Wilmington Trust
5 Wilmington Public Safety Building
15 9 WSFS TRANSPORTATION
7 6 Court of Bankruptcy
13 9 10 Wells Fargo 1 Amtrak Interstate Rail
8 10 7 Court of Chancery
8 7 25 11 Bank of America 2 SEPTA Regional – R2
12 M&T Bank 8 Office of U.S. Senator Chris Coons
3 Greyhound Bus Service
13 Currie Hair Skin Nails
9 Office of U.S. Senator Tom Carper
NEW APARTMENTS
10 Office of Congressman John Carney
1 Residences at Mid-Town Park (200)

WILMINGTON PLAZA | 301 WEST 11TH STREET 23

For more information please contact:
Neal Dangello | Senior Managing Director | 302.655.2082 | ndangello@ngkf.com
Wills Elliman | Senior Managing Director | 302.655.2081 | welliman@ngkf.com

Newmark Knight Frank | 800 Delaware Avenue, Suite 802, Wilmington, DE 19801 | Office: 302.655.0600