Print
Real Estate - Commercial

New Firm Chooses Dutch Square Industrial Park Space For Headquarters

By Cece Nunn, posted May 23, 2018
Michael Phelps and family

Coastal Linings, a startup that applies non-slip coatings onto truck liners and boat components, has leased 5,000 square feet for its new headquarters at 221 Old Dairy Road, Unit 6, in Wilmington, according to an announcement Wednesday.

Glenn Imboden, an agent with Wilmington-based commercial real estate firm Coldwell Banker Commercial SunCoast, negotiated the lease on behalf of the tenant. Carlton Fisher of Coastal Realty in Wilmington represented the landlord.

The unit is in a flex space complex off Market Street in Dutch Square Industrial Park. The property is comprised of six 5,000-square-foot buildings, each with its own laydown yard, a news release stated.

With Coastal Lining’s lease, 221 Old Dairy Road is 100 percent leased, according to the announcement.

The facility is in "the perfect location for us because we are right in the heart of everything automotive and many dealerships are right down the road,” said Michael Phelps, owner and founder of Coastal Linings, in the release. “Our lining process is similar to powder coating but is more durable and has a lifetime warranty.”

Phelps is a University of North Carolina Wilmington graduate and North Carolina native whose family owns and operates the Phelps Chevrolet dealership in Greenville.

Ico insights

INSIGHTS

SPONSORS' CONTENT
Headshot2 3182020512

Save On Cooling/Heating With Dual Zone HVAC Systems

Chris Jones - Green Dot Heating & Air
Mike stonestreet 300x300

Online Meetings: When & How (Part 1 - Board Meetings)

Mike Stonestreet - CAMS (Community Association Management Services)
Drewsmith copiersplus headshot

The “Science” Behind The Cost Of Your Copier Contract

Drew Smith - Copiers Plus

Trending News

NCino Shares Expected To Begin Trading This Week

Christina Haley O'Neal - Jul 13, 2020

County Releases More Details About Potential Hospital Sale Proceeds

Vicky Janowski - Jul 13, 2020

NCino Raises IPO Value To Nearly $3 Billion; Plans To Start Trading Tuesday

Staff Reports - Jul 13, 2020

Wells Fargo Plows PPP Proceeds Into Small Business Relief Programs

Jenny Callison - Jul 13, 2020

In The Current Issue

Industrial Sector Shines In Pender

Industrial commercial real estate gained more attention over the past few months as a sector that’s still doing well, despite an economic do...


Boom And Bust

Parts of the local and national economy seem to be thriving amidst ongoing restrictions aimed at slowing the spread of COVID-19, while other...


New Eateries Still Open Despite Virus

While some restaurants have gone out of business and others are still temporarily closed, others are expanding....

Book On Business

The 2020 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

2020 Leadership Accelerator: Virtual Workshops for Real Leaders
2019 Health Care Heroes
August 26, 2019 Power Breakfast: A Healthy Sale?
2019 WilmingtonBiz Expo Keynote Lunch - CEO, nCino, Pierre Naude`