Print
Real Estate - Commercial

Potential Remains For Third Office Building At Barclay Center

By Cece Nunn, posted Aug 23, 2019
Barclay Center has two office buildings and room for a third in midtown Wilmington off 17th Street. (Photo courtesy of Cameron Management)
Officials with the company that owns Barclay Center in midtown Wilmington are considering adding a third office building to the complex, something that was part of the original master plan when the center was going to be a campus for Pharmaceutical Product Development (PPD).

But PPD's plans changed, and the contract research organization ended up opening its downtown Wilmington headquarters in 2007 instead of growing at Barclay Center, a Cameron Management office property on 9 acres off South 17th Street.

Since then, other tenants have taken PPD's place, including Enterprise Rent-A-Car, Terex, Davita, New Hanover Regional Medical Center's business offices and pharmaceutical firm Chiltern.

A third building at the center has been a possibility for 15 years, said Hill Rogers, broker in charge of Cameron Management. But discussion of another building surfaced again when Cameron Management leased 8,650 square feet at Barclay Center to Enterprise Rent-A-Car for its new regional office.

That lease was announced in July.

"Barclay Center was originally a corporate campus and was developed to add future buildings to the campus. When the original tenant relocated to downtown Wilmington, Cameron converted the buildings to multi-tenant buildings," the July 8 news release stated. "Nearing the completion of that process with the commitment of Enterprise, Cameron Management is reviewing plans and prospects for the expansion of Barclay Center with Building No. 3."

The new building would be a mirror image of Building No. 2, according to the release, containing about 63,000 square feet of rentable office space.

Meanwhile, Enterprise’s general contractor, Clancy & Theys, has completed the upfit for the car rental firm. The long-term lease for the Enterprise Rent-A-Car office at Barclay Center was exclusively brokered by Cameron Management, the release stated.

Barclay Center is a Class-A office property, the release stated. The center recently underwent a major renovation of its common areas.

Ico insights

INSIGHTS

SPONSORS' CONTENT
Carolinemontgomery4

Why You Need Timely Financial Data

Caroline Montgomery - Adam Shay CPA, PLLC
Michaelhiggins 41019104338

An Undersea Tribute to Life

Michael Higgins - Dignity Memorial
Burrus rob headshot 300x300

All Patches are Equal; Some Patches are More Equal than Others

Robert Burrus - Cameron School of Business - UNC-Wilmington

Trending News

Embattled Country Club Aims To Continue Operating After Bankruptcy Filing

Johanna Cano - Sep 20, 2019

Banking On History

Jenny Callison - Sep 20, 2019

'Great Spaces' From The Hipp

Cece Nunn - Sep 20, 2019

Bank Execs Discuss Doing Business Among National, Global Challenges

Christina Haley O'Neal - Sep 20, 2019

Museum Bounces Back After Flo Repairs

Sherri Crawford - Sep 20, 2019

In The Current Issue

Banking On History

Historic landmarks, like a chapel that people are working to save in the northern Brunswick County town of Navassa, can help build an area's...


Info Junkie: JC Lyle

Executive Director of Wilmington Area Rebuilding Ministry (WARM) JC Lyle shares her top tech and informational tools....


MADE: Business Tactics

A manufacturer of tactical equipment for military, law enforcement, competition and concealed carry makes some of its products in Wilmington...

Book On Business

The 2019 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

August 26, 2019 Power Breakfast: A Healthy Sale?
WILMA's Leadership Accelerator
2019 WilmingtonBiz Expo Keynote Lunch - CEO, nCino, Pierre Naude`