Print
Real Estate - Commercial

Rapidly Growing Company Moving To Midtown

By Cece Nunn, posted Sep 6, 2016
A.R.C. Transit is moving its corporate offices to the second floor of 2715 Ashton Drive in midtown Wilmington. (Photo by Cece Nunn)
A Wilmington-based company honored last month as one of the fastest-growing firms in the U.S. is changing one of its Port City addresses.

A.R.C. Transit has leased the second floor of 2715 Ashton Drive, a class-A office building in midtown, and is expected to move its corporate offices this fall from a smaller space at 1013 Ashes Drive in the Military Cutoff-Eastwood Road area.

“We are growing rapidly,” said Scott Anderson, COO of A.R.C. Transit. “It [the new office space] should allow us to grow and take us to where we need to be in the foreseeable future and out five years.”

The company, formerly called LoadMatch Logistics, ranked No. 2241 on this year’s Inc. 5000 list of the nation’s fastest-growing privately held companies, one of eight Wilmington-area firms to make the list. A.R.C. Transit grew by 162 percent and had $41.3 million in revenue over a three-year period, according to the Inc. listing.

Founded in 2006 and led by CEO Gary Winstead and Anderson, A.R.C Transit serves exporters and importers throughout the U.S., arranging the transportation of shipping containers from ocean ports for import clients and then using those containers for exports.

“A.R.C. Transit was attracted to this particular space due to its close proximity to the port, as well as their new container yard on Burnett Boulevard. More importantly, this new office will provide them with the much-needed space for continued growth,” said Allan Fox of Coldwell Banker Commercial SunCoast, who represented A.R.C. Transit in the transaction.

Hill Rogers, broker in charge with Cameron Management Inc., represented the landlord, Irongate LLC, in the lease transaction for an undisclosed amount. Rogers, who announced the transaction Friday in a news release, said A.R.C. Transit signed a long-term lease.

Anderson said the company has 47 employees, about 25 of which work in the company’s Wilmington corporate office. The new space on Ashton Drive will give the firm 2,000 additional square feet from the current 5,500 square feet on Ashes Drive.

Another factor in the company’s decision to leave Ashes Drive, Anderson said, was the amount of traffic around Military Cutoff and Eastwood roads. Traffic was also a consideration in the company’s decision to move its container yard from Leland to Wilmington, Winstead said in a news release.

The Burnett Boulevard location "has allowed us greater flexibility to serve our clients and has eliminated the need to fight cross-town traffic,” Winstead said, in a separate news release on the fact that the Burnett Boulevard property still has acreage and buildings available for businesses to lease. “This also helps if we have last-minute requests. It’s a great opportunity where we are uniquely situated 250 yards from the port main entry.”

This year marked A.R.C. Transit’s fifth time as an honoree on the Inc. 5000 list of the fastest-growing companies.

Story On The Map

Ico insights

INSIGHTS

SPONSORS' CONTENT
Jimheadshot

The Wilmington Construction Market: Trends, Recognition, and Challenges

Jim Hundley - Thomas Construction Group
Dave sweyer 300 x 300

Insights into the 2023 Leasing Market in Wilmington, NC: What You Need to Know

Dave Sweyer - Sweyer Property Management
Unknown 7112393341

Why Feasibility is Paramount to Success

Holly Segur - Lead Intuitively – Corporate Coaching

Trending News

Passenger Rail Study Offers New Details About Proposed Wilmington To Raleigh Route

Emma Dill - Apr 22, 2024

Severe Weather Postpones Trump Rally In Wilmington

Emma Dill - Apr 20, 2024

Will NC Be CNBC's Three-time Top State For Business?

Audrey Elsberry - Apr 22, 2024

In The Current Issue

MADE: Makers Of Important Papers

W.R. Rayson is a family-owned manufacturer and converter of disposable paper products used in the dental, medical laboratory and beauty indu...


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...


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...

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