Wilmington NC Real Estate News
Don Harley of Coldwell Banker Commercial SunCoast Negotiates Three New Leases at 2922 Orville Wright Way in Wilmington, NCJanuary 18, 2018
New Building is Now 100% Leased & Tenant Include Live Wire Electric Co., East Coast Mowers, WECO Tek & Stevens Fine Homes Design Showroom
Wilmington, NC – 2922 Orville Wright Way, a newly constructed, 18,000 square foot office condominium conveniently located just minutes form I-40 and the Wilmington International Airport, is now 100% leased, thanks to the efforts of Don Harley, an agent & partner at Coldwell Banker Commercial SunCoast. 2922 N Kerr Avenue was developed by OWW, LLC, a partnership of Nick Saffo, owner of Saffo Contractors, Inc. of Wilmington, & Craig Stevens, owner of Stevens Fine Homes, a Wilmington area home builder.
Stevens Fine Homes is using half of the property, or 9,000 square feet, to house its first-ever Design Center for clients and homeowners. Here, clients can work directly with a design consultant to review all the finishes and design choices available for their new home, from wallpaper, flooring & tile to cabinetry, faucets & paint colors.
Nick Saffo, a partner in OWW, LLC, engaged Don Harley of Coldwell Banker Commercial SunCoast to market the remaining 9,000 square feet to potential tenants, & Harley had the new building fully leased before construction was complete.
East Coast Mowers, a lawn mower retail store & repair shop specializing in eXmark mowers, leased 4,500 square feet at 2922 Orville Wright Way to accommodate its combined retail/workshop business. Charlotte & Scott Hagan purchased the business in 2017 & relocated it from its prior location on Market Street in Wilmington. “2922 Orville Wright met our needs because it was well located & provided easy access into & out of the property for our customers,” said Charlotte Hagan. “It’s also a very attractive building & has great curb appeal.”
Live Wire Electric Co. has leased 3,000 square feet to house its growing commercial electrician business. Owner Tim McIntyre was previously located just across the street, but needed more space to grow. “The building’s location & accessibility was ideal & its proximity to my existing business made the transition a very smooth one,” said McIntyre. “The design & aesthetics of the building also played a role in my decision to lease here.”
WECO Tek, also known as Woodside Electronics Company, has leased 1,500 square feet of space to house a regional field office & workshop. WECO Tek is a worldwide leader in the selling & leasing of agricultural sorting equipment & is headquartered in Woodland, CA. “I chose 2922 Orville Wright Way for this field office because it enabled me to combine office & workshop space & it is easily accessible to all the major roadways in & out of Wilmington.”
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.