Thursday, April 27, 2017

Capital One Leases 330,000 SF in Wilmington Consolidation

Financial services corporation Capital One has signed a new 10-year lease for 174,000 square feet in the office building at 800 Delaware Ave. in Wilmington, DE and renewed its current space at the adjacent 802 Delaware Ave. through 2027.

The company, which recently acquired Wilmington, DE-based financial services companies HSBC and INGDirect, will consolidate offices from several area buildings as its new space is renovated and built out.

800 Delaware is a 10-story, 277,899-square-foot, 4-Star office building in the Wilmington CBD submarket while the adjacent 802 Delaware building totals 240,780 square feet of 4-Star office space over 14 floors. DelleDonne & Associates developed the 800 building in 1994 and renovated it in 2007. Other tenants there include Blue Cross Blue Shield of Delaware and Heckler & Frabizzio.

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