Premier Asset Coming To The Port of Wilmington!

Posted

North Carolina’s Southeast is pleased to announce exciting plans for development at the Port of Wilmington that will further enhance the region’s logistics asset base.

Chesterfield – a real estate development firm based in Jacksonville, FL – will construct a 300,000-square foot warehouse facility on Port property with expected delivery to market by the end of 2018.

Located less than one mile from the Port’s South Gate, the 300,000-square foot warehouse will have a minimum 32-foot clear height and over 100 dock doors. The existing CSX rail infrastructure at the Port of Wilmington and the warehouse’s proximity to US-74 and I-40 will make this facility a premier location for companies involved in the distribution and logistics sector.

Chesterfield is an experienced development firm with a track record of success in office and industrial development projects throughout the southeastern United States. Chesterfield has worked on projects for some of the most recognizable companies in the world including: IKEA, General Mills, Target, Gulfstream Aerospace Corp., Mercedes, Mitsubishi Power Systems, General Electric Aviation, and Safavieh.

"Chesterfield is excited about our partnership with the North Carolina State Ports Authority and the endless growth opportunities that the NCSPA, Port of Wilmington and the State of North Carolina have to offer,” remarked Chance Raehn, VP of Development at Chesterfield.

“Our distribution buildings, along with the infrastructure improvements and recent shipping line announcements made by the NCSPA this year could position the Port of Wilmington as the fastest growing Port on the East Coast. With credit to Mr. Paul Cozza, Mr. Cliff Pyron, and the NCSPA executive team, we look forward to assisting the NCSPA in supporting their existing clients as well as serving new US and international customers.”

This planned warehouse at the Port of Wilmington complements an existing 101,000 square foot cold storage facility that sits on Port property. In addition to these warehousing assets, the CSX-operated Queen City Express is now operational, providing the only direct rail access from a southeastern U.S. seaport into the Charlotte metro area.

These warehouse and distribution assets, along with ongoing infrastructure improvements to accommodate post-Panamax ships, continue to increase the competitiveness of the Port of Wilmington.