The new owners of property on Oleander Drive plan to resurrect office space that a fire destroyed in 2013.
A limited liability corporation named after the property address, 6329 Oleander Drive, bought parcels that include the site where an office building used to stand for $160,000 on May 22, according to a deed filed in New Hanover County.
"We're going to put back what was there," said Hank Miller III, senior vice president of Cape Fear Commercial and manager of the company that bought the property, 6329 Oleander Drive LLC.
After the September 2013 blaze in the office building at 6329 Oleander, previous owner W. Christopher Ward, an endodontist,
moved his practice to 1117 Medical Center Drive, while another occupant of the burned building,
Sold Buy the Sea Realty, revamped a home at 5004 Oleander Drive for new offices last year.
The burned building was eventually torn down, leaving a concrete structure that has parking underneath and that will be part of the new office building, Miller said.
He said the new building will have about 8,000 square feet of office space and be leased and managed by Cape Fear Commercial, which handled the sale. Client inquiries about office space helped lead to the purchase, he said.
"We're excited about it," Miller said. "There's never-ending demand for office space in that area."
Renderings and marketing information for the new office building are expected to be released soon, he said.
In another example of the demand present for office space in the Oleander Drive-Military Cutoff corridor, developer Steve Anderson plans to build a 20,000-square-foot office building less than a mile from Miller's project.
Anderson said Wednesday that all the permits for his latest undertaking,
The Offices at Airlie, 1613 Military Cutoff Road, have been applied for.