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MRA Group to Redevelop DuPont’s Delaware Lab Campus
After completing a partial sale-leaseback, the firm plans to reposition the unoccupied buildings into a premier life sciences complex.
Dec302020
Image courtesy of MRA Group
MRA Group announced it has signed a letter of intent to acquire the Chestnut Run Laboratory campus, a collection of lab buildings within DuPont’s 220-acre corporate headquarters complex in Wilmington, Del.
MRA will purchase the 800,000-square-foot segment in a partial sale-leaseback transaction, with plans to redevelop the site. Neither MRA nor DuPont has disclosed the sale price.
The agreement comes several months after DuPont’s deal for Delle Donne & Associates to acquire the lab portion of the property for redevelopment unraveled. ....

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