Harvey Hanna & Associates Acquires Development Site In Middletown For $25.3 Million

840 Jamison Corner Road

$25,300,000

Building Size

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Asset Type

Development Site

Closing

Jul 5, 2026

AI

The property asset involved in the transaction is a development site located at 840 Jamison Corner Road, Middletown, DE. The site encompasses 103 acres and is fully entitled for development, with plans for a three-building industrial campus totaling approximately 1.3 million square feet. The acquisition price for the site was $25.3 million, representing a price per buildable square foot of $20.

Summary of transaction details:

Property Type: Development Site
Transaction Amount: $25,300,000
Buyer: Harvey Hanna & Associates
Seller: EQT Real Estate
Brokers: Ryan Guittare & Brett DiClemente - Newmark
Building Size: 1,275,000 square feet

The deal was facilitated by brokers Ryan Guittare and Brett DiClemente from Newmark, representing the buyer and seller in this transaction. Harvey Hanna & Associates plans to proceed with the development as per the existing approved plans, without any modifications.

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