According to R&R Commercial Realty, the brokerage acting as the buyer’s agent, the 24,000 square-foot warehouse will continue to house the Gannett-owned weekly newspaper.
“The buyer plans to rent a portion of the building back to the Dover Post so they can continue to operate there, but in the rest of the building he’ll be moving in some light manufacturing,” said Carl Kaplan, the buyer’s agent.
First put up for sale late last year, the warehouse was built back in 1981 and sits on a more than 8-acre lot.
“I’d say it’s a good outcome for the property,” said Kaplan. “There isn’t a lot of warehouse/manufacturing space like this in Dover so it’s nice to see that it’ll be used efficiently. But, it’s also nice to see that the Dover Post will stick around.”
About R&R Commercial Realty
Established in 1996, R&R Commercial Realty, is a highly successful real estate firm located in the center of the Delmarva Peninsula. With a focus on commercial real estate, R&R is one of the most visible and well-respected local firms. Services include commercial & industrial sales and leasing, land sales and development as well as property management. For additional information about R&R Commercial Realty and its extensive inventory of commercial property, visit our website at www.randrcommercialrealty.com or contact our offices at 302-674-3400 or firstname.lastname@example.org.