Devreco gives RedBull wings in Seaford

RedBull, a nationally recognized energy drink with the highest market share in the world, has expanded its distribution hub in Seaford. Devreco delivered a build-to-suit option since the exact space needed did not exist in the market.

Devreco LLC, a locally owned and operated full-service development company, was able to assist RedBull by acquiring 105 Park Ave., a 36,000-square-foot warehouse in Seaford's Industrial Park. Devreco is actively renovating a large portion of the building into an office/warehouse that satisfies the standards of RedBull's state-of-the-art brand.

"We facilitated the Red Bull RFP process, negotiated the lease and designs for 15,000 square feet, and took care of attaining all required permitting and approvals," said Chris Gilkerson, principal of Devreco. "We are now in the construction phase of the project and renovating the space to include a modern office fit-out, full tenant separation walls and an additional drive-in door for the warehouse portion of their space."

"This property has not been heavily occupied for quite some time," said Dolores Slatcher, Seaford city manager. "We are excited for the redevelopment of the property and the new tenant that will bring new jobs to the city."

Crystal Water is also a tenant at 105 Park Ave., occupying 12,000 square feet of warehouse and distribution space. Another 9,000 square feet remain vacant and available for lease to prospective users. The space can be modified to suit, including office buildout and warehouse modifications. Contact Brad Gillis for leasing information at 410-543-5115 or Brad@Devreco.com.

In addition to the Devreco team of Brad Gillis, Chris Gilkerson, and Joey Gilkerson, senior advisors John McClellan and Tom Knopp of SVN - Miller Commercial Real Estate worked with Ernie Felici of Cushman & Wakefield, a Chicago-based commercial real estate brokerage firm, to bring RedBull to Seaford.