Print
Real Estate - Commercial

On Oleander, New Offices To Rise Where Blaze Closed Old Ones

By Cece Nunn, posted May 27, 2015
The new owners of property on Oleander Drive plan to resurrect office space that a fire destroyed in 2013.

A limited liability corporation named after the property address, 6329 Oleander Drive, bought parcels that include the site where an office building used to stand for $160,000 on May 22, according to a deed filed in New Hanover County. 

"We're going to put back what was there," said Hank Miller III, senior vice president of Cape Fear Commercial and manager of the company that bought the property, 6329 Oleander Drive LLC.

After the September 2013 blaze in the office building at 6329 Oleander, previous owner W. Christopher Ward, an endodontist, moved his practice to 1117 Medical Center Drive, while another occupant of the burned building, Sold Buy the Sea Realty, revamped a home at 5004 Oleander Drive for new offices last year.

The burned building was eventually torn down, leaving a concrete structure that has parking underneath and that will be part of the new office building, Miller said.

He said the new building will have about 8,000 square feet of office space and be leased and managed by Cape Fear Commercial, which handled the sale. Client inquiries about office space helped lead to the purchase, he said.

"We're excited about it," Miller said. "There's never-ending demand for office space in that area."

Renderings and marketing information for the new office building are expected to be released soon, he said. 

In another example of the demand present for office space in the Oleander Drive-Military Cutoff corridor, developer Steve Anderson plans to build a 20,000-square-foot office building less than a mile from Miller's project.

Anderson said Wednesday that all the permits for his latest undertaking, The Offices at Airlie, 1613 Military Cutoff Road, have been applied for.

Story On The Map

Ico insights

INSIGHTS

SPONSORS' CONTENT
Untitleddesign2 9202334730

Investing in the Health of Our Communities, for Today and the Future

Novant Health - New Hanover Regional Medical Center Novant Health
Cfss headshots parker robert webversion 21422121214

The Latest Solar Scams and What You Can Do to Help Stop Them

Robert Parker - Cape Fear Solar Systems
Jane

It’s Child’s Play

Jane Morrow - Smart Start of New Hanover County

Trending News

YMCA Eyes Growth With Plans For New, Expanded Facilities

Emma Dill - Apr 23, 2024

Burns, Redenbaugh Promoted At Coastal Horizons

Staff Reports - Apr 23, 2024

Cold Storage Developer Sets Near-port Facility Completion Date

Audrey Elsberry - Apr 24, 2024

Wilmington Financial Firm Transitions To Wells Fargo's Independent Brokerage Arm

Audrey Elsberry - Apr 24, 2024

Krug Joins Infinity Acupuncture

Staff Reports - Apr 23, 2024

In The Current Issue

Funding A Food Oasis: Long-awaited Grocery Store Gains Momentum

With millions in committed funding from New Hanover County and the New Hanover Community Endowment, along with a land donation from the city...


Bootstrapping A Remote Option

Michelle Penczak, who lives in Pender County, built her own solution with Squared Away, her company that now employs over 400 virtual assist...


Surf City Embarks On Park’s Construction

“Our little town, especially the mainland area, is growing by leaps and bounds. So having somewhere else besides the beach for kids to go an...

Book On Business

The 2024 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

2024 Power Breakfast: The Next Season