Another Wilmington class-A office space is reporting record occupancy going into the first quarter of the New Year.
Developer Steve Anderson said Thursday the 36,800-square foot Offices at Mayfaire building, located at 6752 Parker Farm Drive, is 100 percent leased.
He added plans are also in the works to move forward with another three-story, 34,000-square-foot office condo on land behind the Harris Teeter grocery store in the popular mixed-use development.
“We’re sold out, and that is a great thing,” Anderson said. “We are pre-leasing the second building, and that is 30 percent leased at the moment.”
Anderson said having the $7 million office condo completed before schedule was also a plus in securing the office condo’s tenants.
The building was set to open this month; it was completed in December 2011.
“Our project manager, Brandon Lisk, with McKinley Building Corp. has been outstanding,” Anderson said. “He has done a great job with the timetable to get this off the ground, and is doing a good job retrofitting the offices inside as well.”
Four companies have closed on units within the existing commercial condominium, with a fifth company set to close by the end of the month.
Anderson said an undisclosed financial services company would occupy 12,000 square-feet of the entire third floor by the second quarter. He said 12,000 square-feet of the second floor will soon be the headquarters of Wilmington-based home healthcare provider — WellCare Home Health — where officials plan to consolidate its two offices into its new Mayfaire location.
“Right now, [WellCare] is in the planning and design phase,” Anderson said. “They should be in here sometime by the second quarter.”
Wilmington-based Dunhill Professional Search and Government Systems moved into its 2,900-square-foot office December 16.
Chris Gibbons, president of Dunhill Professional Search and Government Systems, said her company of nine employees is settling into their new space, and hope to hire additional employees now that they have the additional space.
“We bought this space to be our permanent home,” Gibbons said. “It’s good to see the building fill up.”
Dwayne Graham’s division of North Carolina Farm Bureau Insurance is set to leave their old headquarters on Giles Street and relocate into 4,179 square-feet at the Offices of Mayfaire by April 1.
Graham said moving his office of 10 employees all came down to location.
“Mayfaire is quickly becoming a financial hub of the city,” Graham said. “Moving into Mayfaire will allow us to expand . . . we’re really excited to be in the area.”
The Offices at Mayfaire’s high occupancy rate is one of several reported this quarter.
Officials with Cape Fear Commercial recently announced it’s firm has successfully leased 92 percent of its Third and Grace office building in downtown Wilmington. There is also continued leasing success in a number of shopping centers, and class-B and class-C office spaces across Wilmington.
Check out the January 20 edition of the Greater Wilmington Business Journal to find out what areas of Wilmington are bustling with commercial activity.
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