New Firm Aims To Grow Its Stake In Wilmington's Industrial Real Estate
January 23, 2020
// WILMINGTON BUSINESS JOURNAL
WILMINGTON- A new commercial real estate investment firm has three Wilmington industrial properties in its portfolio and a possible industrial development on its way this year.
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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 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.
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.
