Reybold Group Unveils Plans for Pencader Corporate Center, A New Retail Development in Newark, Delaware

WILMINGTON, Del.--()--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.

Contacts

Media Contact
Britni Ackrivo
Gregory FCA
backrivo@gregoryfca.com
484-504-9920

Release Summary

Reybold Group has unveiled plans for its Pencader Corporate Center in Newark, Delaware.

Contacts

Media Contact
Britni Ackrivo
Gregory FCA
backrivo@gregoryfca.com
484-504-9920