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Real Estate - Commercial

Firm To Develop New Hampstead Facility For Wilmington Health

By Cece Nunn, posted Jun 30, 2016
GHK Cape Fear Development, the development arm of Wilmington-based Cape Fear Commercial, is creating a 15,000-square-foot facility in Hampstead for Wilmington Health. (Rendering courtesy of Cape Fear Commercial/GHK Cape Fear Development)
The development arm of a local commercial real estate firm is working with one of the area's largest health care providers on a new medical office in Hampstead, according to an announcement this week.

Officials with Cape Fear Commercial said the company's newest build-to-suit project is a 15,000-square-foot Wilmington Health facility, at the intersection of Ravenswood Road and U.S. 17. The medical office building, which is slated for completion by February, is being developed by GHK Cape Fear Development LLC, part of CFC, and Wilmington Health has signed a long-term lease.

The facility will offer multiple services to the community, a CFC news release said, including pediatrics, internal medicine, family medicine and obstetrics and gynecology.

Two existing Wilmington Health offices in Hampstead, the family medicine practice of Michelle Jones and the OB/GYN practice of Greg Woodfill, will be moving into the new building when it's finished. Jones and Woodfill are longtime Hampstead residents, said Alysa Bostick, marketing director for Wilmington Health.

"The Hampstead community has been so welcoming to us, and we have enjoyed the practices that we've grown in that area and enjoyed severing the patients in that area, so we're particularly excited to bring them a new state-of-the-art facility to grow our presence there and have more services available to them," Bostick said Friday.

Vin Wells, a partner in CFC and GHK Cape Fear Development, brokered the lease deal for an undisclosed amount between Wilmington Health and Oak Ridge Properties at Olde Point LLC, which owns the land and will own the new building. 

“We are excited about the project and look forward to helping Wilmington Health expand their operations in Hampstead,” Wells said in the release. “As the population continues to increase along the U.S. Highway 17 corridor, a new healthcare facility is a necessary addition to the growing community.”

McKinley Building Corp. is the builder for the project.

The Hampstead office is not the only recent office announcement for Wilmington Health. This fall, Wilmington Health at Monkey Junction is expected to move to 5211 South College Road in Wilmington, the former home of a Golden Corral restaurant, according to Wilmington Health's website.

"The much larger facility will be home to Primary Care for all ages and includes Pediatrics, Family Medicine, and Internal Medicine, as well as a Convenient Care Clinic for after hours and walk-in acute care services," the website says.

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