Roch Capital Acquires Former AstraZeneca (Rollins) Building in Wilmington, DE

GLEN MILLS, PA, September 5, 2013 -

Roch Capital Inc., a private investment company, announced today that one of its affiliates has acquired the 15-story 209,000 square foot building located at 2200 Concord Pike, Wilmington, Delaware.

"This transaction adds to our portfolio, the most iconic office building in the North Wilmington market," commented Rocco A. Abessinio, Chief Executive Officer of Roch Capital. "With this acquisition, Roch Capital will be in a position to meet the growing demand for high-quality office space in North Wilmington by offering excellent access, unparalleled visibility, abundant free parking, and spectacular office views."

The ready to move in 15 story building, which will be known as "The Applied Bank Center" contains a full-service state-of-the-art cafeteria, conference facilities with stadium seating, and other quality amenities.

This superior building with its approximately 14,000 square feet per floor is being marketed through the team of Blaise Fletcher and Jamie Vari of Jones Lang LaSalle.

About Roch Capital.
Roch Capital is one of the region's fastest growing private equity and real estate investment companies. Roch Management's real estate portfolio consists of office, multi-family, and hotel properties, as well as land holdings, in the Mid-Atlantic area and Florida.

For additional information on the company, please contact: James Dougherty, 484-840-9179

For additional information on the property, please contact: Blaise Fletcher, 302-356-2858