Wilmington Trade Center breaks ground on second building, doubles capacity
// WILMINGTON BUSINESS JOURNAL
WILMINGTON – The two-year-old commercial real-estate firm Edgewater Ventures has broken ground on another property in Wilmington. It will be the second building constructed as part of its debut spec industrial complex located off Highway 421.
The Wilmington Trade Center saw the recent completion of its 157,610-square-foot first building. Following suit will be the identical second structure, also 157,610 square feet, adding to the 425,000-square-foot campus.
CEO Chris Norvell confirmed the center signed recent leases with PaperFoam and Coastal Carrier, to be located in the complex.
“We’re excited to start our second building at Wilmington Trade Center and capitalize on the momentum in the park,” Norvell said in a release.
Edgewater chose to build along Highway 421 — minutes from downtown Wilmington, the airport and the ports — due to its close proximity to I-140 and I-40 to Raleigh, Highway 17 to Myrtle Beach, as well as I-74 to Charlotte.
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