Wilmington NC Real Estate News
Chuck Lydon and Lee Weddle of Coldwell Banker Commercial SunCoast Represent Buyer in Purchase of 1557 Brunswick Village Road in Leland for Construction of New AA Storage FacilityJuly 21, 2017
New Location is One of Three New Storage Facilities to Pop up Recently in Leland; Demand for Self-Storage is High in Brunswick County
LELAND, NC – Chuck Lydon and Lee Weddle, agents with Coldwell Banker Commercial SunCoast, recently negotiated the purchase of 1557 Brunswick Village Road for the construction of a new, 84,000 square foot AA Self Storage facility. Lydon and Weddle represented The Rosemyr Corporation, the parent company of AA Storage, in the transaction. The seller was Funston Land & Timber, LLC, one of the development partners of Brunswick Forest in Leland.
The new storage facility is located adjacent to the Brunswick Forest Veterinary Hospital and is the newest addition to The Villages at Brunswick Forest, a 160-acre town center comprising more than 500,000 square feet of retail and professional services. The new storage facility will feature 300 climate-controlled units, 47 traditional units and 77 covered boat/RV spaces. This is the 13th location for AA Storage and the first in Brunswick County. AA Self Storage, an operating business owned by The Rosemyr Corporation, is headquartered in Henderson, NC and has locations in North Carolina and Virginia.
“We have purchased and expanded two AA Self Storage facilities in the Greater Wilmington area since 2010 and we’ve been looking to get into Brunswick County for some time,” said Bill Coffey, president of The Rosemyr Corp. “This area is really growing and the demand for storage facilities in Brunswick County is very high, as evidenced by the three new locations that are under construction in the Leland area alone. Our location within The Villages at Brunswick Forest gives us a distinct advantage, and we anticipate that a lot of our business will come from Brunswick Forest residents.”
Additional AA Self Storage locations in Wilmington include 8137 Market Street in Porters Neck and 411 Eastwood Road. Chuck Lydon of Coldwell Banker Commercial SunCoast also represented AA Self Storage in the acquisition of the Porters Neck location in 2010.
Coldwell Banker Commercial SunCoast was founded in Wilmington, NC in 2004 to meet the commercial real estate needs of companies throughout southeastern North Carolina. The firm is comprised of 21 commercial agents and 11 staff members who specialize in real estate sales, leasing, investment and property management for retail and commercial property owners from Onslow County to the South Carolina border. Coldwell Banker Commercial SunCoast was the number one office in North Carolina for Coldwell Banker Commercial in 2008, 2012, 2014, 2015 and 2016, and consistently ranks among the state’s top performers.