{"id":1004068872,"date":"2013-03-15T10:07:54","date_gmt":"2013-03-15T18:07:54","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=109449"},"modified":"2020-04-01T02:17:00","modified_gmt":"2020-04-01T10:17:00","slug":"16-m-carrier-hotel-announced-in-wilmington-investment-group-buys-36-m-industrial-portfolio-along-i-95-corridor","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/16-m-carrier-hotel-announced-in-wilmington-investment-group-buys-36-m-industrial-portfolio-along-i-95-corridor\/","title":{"rendered":"$16 M Carrier Hotel Announced in Wilmington; Investment Group Buys $36 M Industrial Portfolio along I-95 Corridor"},"content":{"rendered":"<p style=\"text-align: justify;\"><em>By Veronica Grecu, Associate Editor<\/em><\/p>\n<p style=\"text-align: justify;\">Private cloud and infrastructure service solution provider IPR International of Wayne, PA, has announced plans to transform its data center in Wilmington, DE, into a $16 million carrier hotel. This huge connectivity hub will be able to bring together a large number of networks and providers and will be dedicated to offering a highly efficient and competitive bandwidth interconnection point to Wilmington\u2019s business district.<\/p>\n<p style=\"text-align: justify;\">McConnell Johnson Real Estate is the owner of the 16-story building located at 1201 N. Market Street, along with dark fiber providers Sunesys, LLC of Warrington and Fibertech Networks based in Rochester, N.Y.<\/p>\n<p style=\"text-align: justify;\">According to an interview with the <em><a href=\"https:\/\/www.bizjournals.com\/philadelphia\" target=\"_blank\" rel=\"nofollow\">Philadelphia Business Journal<\/a><\/em>, the company\u2019s financial effort will be backed by a grant of $3.8 million for Delaware\u2019s New Jobs Infrastructure Fund.<\/p>\n<p style=\"text-align: justify;\">With the new Wilmington Carrier Hotel Project the investors hope to create innovative business opportunities that can trigger economic growth in the area and throughout the state of Delaware.<\/p>\n<p style=\"text-align: justify;\">In further regional news, TA Real Estate of Boston sold an industrial portfolio along the I-95 Corridor for $36 million to Hayden Real Estate Investment and Miller Investment Management. As reported by the same source, the 1 million square foot portfolio consists of four office buildings and an 18-acre parcel of land already zoned for industrial development in the I-95 Campus Industrial Park in Aston.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Veronica Grecu, Associate Editor Private cloud and infrastructure service solution provider IPR International of Wayne, PA, has announced plans to transform its data center in Wilmington, DE, into a $16 million carrier hotel. This huge connectivity hub will be able to bring together a large number of networks and providers and will be dedicated [&#8230;]<\/p>\n","protected":false},"author":258,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21742,1494],"tags":[],"class_list":["post-1004068872","post","type-post","status-publish","format-standard","hentry","category-latest","category-philadelphia"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>$16 M Carrier Hotel Announced in Wilmington; Investment Group Buys $36 M Industrial Portfolio along I-95 Corridor - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/16-m-carrier-hotel-announced-in-wilmington-investment-group-buys-36-m-industrial-portfolio-along-i-95-corridor\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"$16 M Carrier Hotel Announced in Wilmington; Investment Group Buys $36 M Industrial Portfolio along I-95 Corridor\" \/>\n<meta property=\"og:description\" content=\"By Veronica Grecu, Associate Editor Private cloud and infrastructure service solution provider IPR International of Wayne, PA, has announced plans to transform its data center in Wilmington, DE, into a $16 million carrier hotel. This huge connectivity hub will be able to bring together a large number of networks and providers and will be dedicated [...]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/16-m-carrier-hotel-announced-in-wilmington-investment-group-buys-36-m-industrial-portfolio-along-i-95-corridor\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2013-03-15T18:07:54+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-04-01T10:17:00+00:00\" \/>\n<meta name=\"author\" content=\"Veronica Grecu\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@VeraGrecu\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/16-m-carrier-hotel-announced-in-wilmington-investment-group-buys-36-m-industrial-portfolio-along-i-95-corridor\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/16-m-carrier-hotel-announced-in-wilmington-investment-group-buys-36-m-industrial-portfolio-along-i-95-corridor\\\/\"},\"author\":{\"name\":\"Veronica Grecu\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/e8362e8641769829162f16fe58091f62\"},\"headline\":\"$16 M Carrier Hotel Announced in Wilmington; 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