About Pettinaro

The Pettinaro Company, founded in 1967, is a second generation, family-owned and managed real estate holding company led by Gregory Pettinaro.  With in-house construction, architectural and real estate departments, the company designs, develops, constructs, leases and manages properties. Headquartered in Newport, Delaware, Pettinaro currently employs over 200 people and owns, not including land acquisitions, over 4 million square feet of office, retail, industrial and residential properties located in Delaware, Maryland, Pennsylvania, New Jersey and Florida.

Company founder, Verino Pettinaro is married to Midge and has four children: Gregory, Tracy, Cindy and Vicky.  Verino has always incorporated the colors orange and black in the company signage and advertising simply because these colors stand out and therefore, people take notice.

In his mid-20s, Verino started his own business and mostly worked on refurbishing basements.  Soon, he found a niche in the commercial construction market. Verino began working on jobs such as building and or renovating several schools, a local post office, building an addition to the University of Delaware library and renovating the Wilmington Train Station. Verino increased his profile in the residential market when he built a town home community at the former Wilmington General Hospital site. He also purchased and developed what is now known as Greenville Place, a town home and apartment community in an upscale Wilmington neighborhood.

Pettinaro's major feat was the foresight to buy 86 acres of a riverfront parcel in the 80s, a former shipyard industrial site, for $1.2 million before it was even environmentally tested.  Pettinaro has been a principal, along with the Riverfront Development Corporation, to turn the riverfront area into a beautiful and active destination for the City of Wilmington.

Other major projects include:

--- Riverfront Arts Center, now a premier event facility called the Chase Center on the Riverfront.

--- Converting a former shipyard structure into a modern Class-A 60,000 sf office building.

--- Christina Crescent, a 270,000 sf office building for Barclays Bank, which will include a retail center, parking garage and public park.

Verino continues to be involved in the daily operations together with his son, Gregory, the current CEO of the vastly growing company. Before joining the business in 1987, Gregory attended the College of Boca Raton & the University of Delaware. Gregory continues to increase Pettinaro's large property portfolio and will lead the company into the next generation. His most recent acquisitions include several buildings and over 250 acres of land to be developed into residential communities, office complexes and shopping centers.