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Wilmington NC Real Estate News

Jonathan Washburn of Coldwell Banker Commercial SunCoast Negotiates Sale of 2200 Wrightsville Office Park Building to Port Health Services

March 3, 2017

Wilmington, NC – Jonathan Washburn, a broker with Coldwell Banker Commercial SunCoast, recently negotiated the sale of an 11,000 square foot, two-story office condominium building at 2200 Wrightsville Office Park to PORT Health Services for $695,000. The seller was Northcrest Associates LLC.

PORT Health Services is a private non-profit that provides service and support for North Carolina residents with mental health, substance abuse and intellectual/developmental disability issues. Founded in 2003, PORT Health Services manages 32 treatment centers across the state, including four locations in Wilmington. The organization is governed by a Board of Directors representing a diverse group of citizens from across the state. In addition to being the broker in this transaction, Washburn is a member of PORT Health Services’ board of directors and the only board member from the Wilmington area.

2200 Wrightsville Office Park is an 8-acre office condominium complex located at the intersection of Wrightsville Avenue and Dawson Street Extension. The complex features four free-standing buildings with 18 offices on two levels. The office park was constructed in the early 1990’s by SDI Construction.

PORT Health Services is actively using 6,000 square feet of the 11,000 square foot condominium with plans to eventually expand into the entire building. Although PORT Health Services is not actively marketing the additional space for lease, the organization may consider a complementary tenant company.

Coldwell Banker Commercial SunCoast was founded in Wilmington, NC in 2005 to meet the commercial real estate needs of companies throughout southeastern North Carolina. The firm is comprised of 23 commercial agents and 9 staff members who specialize in real estate sales, leasing, investment and property management for retail and commercial property owners from Carteret County to the South Carolina border. Coldwell Banker Commercial Sun Coast was the number one office in North Carolina for Coldwell Banker Commercial in 2008, 2012, 2014 and 2015, and consistently ranks among the state’s top performers.