NAI Emory Hill Facilitates Sale of Downtown Wilmington Development Site Planned for 240-Unit Multifamily Project
Wilmington, DE [June 30, 2026] – NAI Emory Hill is pleased to announce the sale of a mixed-use redevelopment site at 412 W. 8th Street in Wilmington, Delaware. The approximately 0.98-acre site, formerly operating as Isaacs Garage, was purchased by the Delaware State Housing Authority (DSHA). The sale includes three parcels at 8th & West, 7th & Washington, and 7th & West streets. The DSHA plans to redevelop the property into a five-story multifamily residential building containing approximately 240 units.
Rich Dudek, SIOR, represented the seller in the transaction. Vincent White of Provest Realty Associates represented DSHA.
“The redevelopment of underutilized urban properties into residential communities continues to play an important role in Wilmington’s growth,” said Dudek. “The site’s location and scale make it ideally suited for multifamily redevelopment, and we’re pleased to have helped bring together the parties involved in a project that will add affordable housing to the city.”
About Emory Hill
NAI Emory Hill has been providing full-service commercial real estate support for businesses throughout the Mid-Atlantic and developing wealth-building strategies for investors since 1981. Today, the Emory Hill companies continue to provide comprehensive real estate services to the Mid-Atlantic region including commercial brokerage, construction, property management, maintenance, and residential real estate services. In 1997, our brokerage services division aligned with NAI Global, the world’s largest managed network of real estate service providers. www.naiemoryhill.com
About NAI Global
NAI Global is a leading global commercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 325+ offices strategically located throughout North America, Latin America, Europe, Africa, and Asia Pacific, with over 5,100 local market professionals, managing in excess of 1.1 billion square feet of property and facilities. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions throughout the world. NAI Global provides a complete range of corporate and institutional real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain and logistics consulting and related advisory services. To learn more, visit www.naiglobal.com