WILMINGTON, Del.--(BUSINESS WIRE)--Reybold Group, a leading multigenerational real estate company specializing in residential communities and commercial properties, has unveiled plans for its Pencader Corporate Center in Newark, Delaware. This new 17.25-acre development further underscores Reybold Group's commitment to expanding its renowned residential real estate portfolio into a diverse blend of retail, office, and community spaces.
When complete, Pencader Corporate Center will feature three distinct buildings: a 5,500-square-foot Wawa convenience store with eight Multiple Product Dispensers (MPDs) that officially opened on Friday, December 15, 2023; a 10,000-square-foot, locally owned and operated early education center Great New Beginnings set to open Fall 2024; and a 12,000-square-foot retail center.
"The unveiling of Pencader Corporate Center marks a milestone in Reybold Group's journey. Our vision has always been to blend quality with innovation, and this development is a testament to that ethos," said Jerome Heisler, CEO of Reybold Group. "As we expand into mixed-use properties, we're not just constructing buildings; we're cultivating communities and enhancing the commercial landscape of Newark, Delaware."
The development is expected to drive significant traffic and business, with strong interest already shown by a diverse mix of retailers.
For more information on retail leasing at Pencader Corporate Center, please contact Jen Corbett at jcorbett@reybold.com.
About Reybold Group
Reybold Group, a prominent Delaware-based residential and commercial real estate developer, consistently aspires to create thriving and sustainable communities that enhance the quality of life for residents across the mid-Atlantic region. Reybold Group's extensive portfolio showcases its expertise, spanning from upscale residential communities to cutting-edge commercial developments, all meticulously designed to cater to the distinct needs and aspirations of residents and companies alike. Reybold’s core values, rooted in a dedication to quality, innovation, community, and integrity, underscore its unwavering commitment to setting industry standards and shaping Delaware's residential and commercial real estate landscape. To learn more, visit www.reybold.com.
