Print
More News

Industrial Project In Pender County Gains Interest

By Christina Haley O'Neal, posted Apr 23, 2020
An aerial shot taken in mid-April of the future site of a spec building in Pender Commerce Park shows work taking place. (Photo courtesy of Chris Ramm)
A project to bring a new Class A industrial building to Pender Commerce Park is gaining traction and has already received some interest.

The spec building, being developed on lot 2 of the Pender Commerce Park, is on schedule, said Chris Ramm, managing partner at Pender Commerce Park Partners 1 LLC, a group formed to develop the space and lease the property.

Pender Commerce Park Partners 1 LLC is closely monitoring the site, which is now being graded, he said.

The company broke ground on the project March 9. Site work is being conducted by Thomson, Corder & Co., and the general contractor is Landmark Builders out of Winston-Salem, he said.

As work on the site is underway, Ramm said the firm is already in several early-stage conversations with parties interested about the project.

“I think within the next month or so we will be able to shake loose whether or not how real they are," Ramm said. "We’ve delivered detailed packages to several parties that have shown sincere interest and they are asking all of the right questions.”

Some main inquiries are in the logistics and distribution sectors, he said.

Cape Fear Commercial has partnered with the firm to market the property.

The developers plan to construct more than 127,000 square feet of speculative building space with 32-foot ceilings, 26 truck docks and two large drive-in doors, Ramm said.

The development is on schedule, he said, and on top of the land being graded, more work is being done to get the site ready for construction.

Walls are expected to start going up in early June, Ramm said.

“We are doing well. We are on schedule for a late third quarter delivery. We’re not slowing down. We’re not taking our foot off the gas,” Ramm said. “The need for modern industrial space is not diminishing; its actually growing, so we’re marching forward.”
Ico insights

INSIGHTS

SPONSORS' CONTENT
Untitleddesign12 101424113223

Artificial Intelligence Tools For Productivity

John Monahan - Vistage
Mcwhorter 0005

Telling the Story Behind Startups – Tailoring your Pitch Deck for an Audience

Heather McWhorter - UNCW Center for Innovation and Entrepreneurship
Untitleddesign12 101824110415

Fire Prevention in the Workplace: Key Tips and Solutions

Luke Wheeler - Holmes Security

Trending News

Apartments Might Be Down The Lane For Former Bowling Alley Property

Staff Reports - Nov 8, 2024

Palliative Care Clinic Opening On Shipyard Boulevard

Staff Reports - Nov 7, 2024

Unofficial Local Election Results Show Narrow Margins, Incumbent Support

Emma Dill - Nov 6, 2024

Avelo Starts Florida, Connecticut Nonstop Flights From ILM

Staff Reports - Nov 7, 2024

In The Current Issue

Bankruptcy Can Lead To New Chapter

The choice of Chapter 11 (of the Bankruptcy Code) is specifically to let a company reorganize so they can stay in business, a local attorney...


GLE Maintains Laser-focus On Growth

The expanded space helps speed up the work needed to commercialize the company’s enrichment technology, said CEO Stephen Long. GLE also cont...


Novant Opens Simulation Lab For Local Training

The lab was set up in a renovated two-story former bank near Novant Health New Hanover Regional Medical Center’s South 17th Street campus....

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