Edgewater acquires distribution facility near ILM

June 16, 2022

// PORT CITY DAILY

WILMINGTON– Edgewater Ventures continues to invest in the Cape Fear region adding to its portfolio another industrial facility near the Wilmington International Airport. The space will be divided between two companies who already signed leases — MCO Transportation, Inc. and Atlantic Packaging.


“We view this facility as a strategic acquisition to serve tenants that require close proximity to the Wilmington International Airport as well as infill, last-mile distribution needs throughout the market,” Edgewater lead industrial partner Chris Norvell said in a press release.

SPREAD THE NEWS

A group of people are standing next to each other on a construction site holding shovels.
By Duda Widget May 15, 2025
The first phase of Wilmington Trade Center, a master planned industrial park on U.S. 421, recently wrapped up, while work on the next phase is now underway.
A man in a suit is standing in front of an easel holding a map.
By Duda Widget May 7, 2025
A Longs-area industrial park that currently serves Amazon and Pepsi distributors plans to expand with a 60-acre acquisition, offering more space for industries to step into Horry County.
A row of trailers are parked in front of a building.
By Duda Widget April 16, 2025
Cushman & Wakefield has brokered the $17.5 million sale of a two-property industrial portfolio in Laurel Hill. Situated at 18300 and 18400 Fieldcrest Road, the property is within 100 miles of the Port of Wilmington and is fully leased to High Life LLC, an apparel manufacturer based in New York City.
MORE NEWS