Print
Health Care

NHRMC Buys Wilmington Property From International Paper

By Cece Nunn, posted Aug 15, 2018
New Hanover Regional Medical Center recently bought a long-vacant, 292,000-square-foot industrial building and about 35 acres, near North 23rd Street in Wilmington, from International Paper Co. (NYSE: IP).

NHRMC's acquisition involved nearly 16 acres and the building at 2221 J.R. Kennedy Drive, 19 acres at 2201 J.R. Kennedy Drive and less than an acre at 718 N. 23rd St. in a $5.25 million deal with International Paper (IP) on Aug. 9, according to the deed recorded in New Hanover County.

"NHRMC has plans to rehabilitate space within the building to be used as warehouse and office space for NHRMC’s Distribution Center and Emergency Medical Services," said Julian March, NHRMC spokesman, in an email Wednesday.

The NHRMC Distribution Center is used to distribute NHRMC's supplies and equipment. 

The Federal Paper Board Co. owned and operated the former folding carton facility at 2221 J.R. Kennedy Drive in Wilmington from 1974 until IP acquired FPB in 1996, according to state documents. IP produces renewable fiber-based packaging, pulp and paper products with manufacturing operations around the world, including a mill in the Columbus County community of Riegelwood.

The J.R. Kennedy Drive property in Wilmington has been vacant since December 2009, and the last tenant was MeadWestvaco Packaging Systems LLC.

"In August 2002, control of facility operations [in Wilmington] was transferred to Oracle Packaging of North Carolina, with International Paper retaining ownership of the facility building and property. In June of 2008, control of facility operations was transferred to MeadWestvaco Packaging Systems LLC, with International Paper retaining ownership of the facility building and property. In December 2009, MeadWestvaco vacated the facility and removed the printing equipment as well," states a history of the site.

That history is included in a public notice of IP's intent to complete a risk-based remediation of the site because of a low level of contamination on the property, according to state documents and Mary Siedlecki of the N.C. Division of Waste Management Hazardous Waste Section. 

Siedlecki, the state's project manager for IP sites in Charlotte and Wilmington, said IP has the corporate desire and resources to aggressively take care of its sites.

"IP is in the beginning stages of remediating for a very small amount of contamination" at the 2221 J.R. Kennedy Drive property, she said. The contamination is in a limited area and entirely on the property, Siedlecki said. "This is a very good way of proceeding for this site."

She said it appears the only groundwater contaminant of concern left on the site is a very low level of vinyl chloride.

Siedlecki said she has been pleased with how IP has "stepped up" in the cases of the Wilmington and Charlotte sites. Referring to the forthcoming Wilmington site remediation plan, she said, "It has been unoccupied for a long time, and I think that this is the extra step that International Paper is going to take to put the property back into productive use in the community."

Wilmington-based commercial real estate brokers were involved in the transaction between NHRMC and IP. Bill Maus and Jason Windham of Maus, Warwick, Matthews & Co. represented NHRMC, while Spruill Thompson of Cape Fear Commercial represented the seller. 

Story On The Map

Ico insights

INSIGHTS

SPONSORS' CONTENT
Mikeharrington carolinaretreats 2

Fall Vacation Rentals and Rising Cost of Real Estate

Mike Harrington - Carolina Retreats
Jc300 dsc 2735

The Pie Chart of Deception

JC Lyle - Wilmington Area Rebuilding Ministry
Dane

A Simple Approach To Difficult Conversations

Dane Scalise - GriffinEstep Benefit Group

Trending News

Law Firm Relocates From Downtown To Autumn Hall

Staff Reports - Jan 31, 2023

Aiming To Possibly Revive Project Grace, Firm Seeks Business, Community Support

Cece Nunn - Jan 31, 2023

Stone Distributor Slated To Purchase Land In County Business Park

Johanna F. Still - Feb 1, 2023

Rangers Minor League At Play: Will Leland Win Where Wilmington Struck Out?

Johanna F. Still - Feb 2, 2023

At Riverlights, Independent And Assisted Living Development On The Way

Cece Nunn - Feb 2, 2023

In The Current Issue

Preserving Wealth, For Family And History

Plans for major improvements fell by the wayside, delayed by life and the home’s overwhelming degree of deterioration, which placed the prop...


New App Hooks Seafood Connections

Landon Hill is the founder and owner of the mobile app that seeks to promote local fishers and make it easier for buyers to find fresh seafo...


Local, State Efforts Target Service Sector

Many industries have started to recover from the roiling effect the pandemic had on the labor market, but nearly three years after the first...

Book On Business

The 2023 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

2022 Power Breakfast: Wilmington's Most Intriguing People - Spence Broadhurst & Hannah Gage
2022 Power Breakfast: Wilmington's Most Intriguing People - George Taylor
2022 Power Breakfast: Wilmington's Most Intriguing People - Mike Ford
2022 Power Breakfast: Wilmington's Most Intriguing People - Meaghan Dennison
2022 Power Breakfast: Wilmington's Most Intriguing People - Rhonda Bellamy