Nemours Foundation employees are moving this month into what was known as the Rollins Building on Concord Pike.
At least 150 people from Nemours will occupy five floors encompassing more than 70,000 square feet of the office building that was part of the AstraZeneca complex until late last year.
The building, which is now dubbed the Applied Bank Center, will be home to Nemours Health and Prevention Services employees who are now working in Newark. The new office is about a mile from the Nemours/Alfred I. duPont Hospital
"We think it's going to be a benefit to have them closer to the hospital," said Chris Manning, a spokesman for Nemours.
Some workers from the hospital, including the marketing department, will also move into the new office space.
The building is close to the intersection of U.S. 202 and Powder Mill Road. The 40-year-old highrise was named for the late John W. Rollins, a successful Delaware businessman.
The 15-story, 220,000 square-foot building at 2200 Concord Pike was sold in August 2013 to Roch Management Inc. The firm is headed by Rocco Abessinio, founder of Newark-based Applied Bank, for at least $10.5 million. Bringing Nemours into the building as a tenant fills a big slice of vacant space.
"The Applied Bank Center gives companies a notable address and amenities including a full service cafeteria, fitness center, unparalleled views and the convenience of dining and shopping choices all within walking distance," Abessinio said in a statement. "It's a perfect fit for high profile tenants like Nemours."
The Applied Bank Center building is being represented by Blaise Fletcher and Jamie Vari of the firm Jones Lang LaSalle. Nemours was handled by Hether Smith , Catherine Pullen and Jay Joyce of Studley Inc.Some Nemours staff headed to old AstraZeneca building
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