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Congratulations to APG’s David Divine, Director of Investments Sales, and Daniel Walser, Vice President, Acquisitions for being named CoStar Power Brokers for Q2 2024.

David and Daniel received this award for the successful disposition of 3801 and 3901 US Highway 421 in Wilmington. This 93,508 square foot industrial property with a 2.25-acre lay yard sold for $11.9 million. The combined parcels totaled over 14 acres, including a 4.99-acre lot for the potential development of a 30,000 square foot building.

The property has been leased to Ferguson Enterprises since 2009, who recently signed an extension until 2033.

Congratulations David and Daniel on a job well done!