Site work has begun for the second of three office buildings being developed on Parker Farm Road by Steve Anderson.
Construction should begin in the next two to three weeks on Mayfaire 2, a 36,500-square-foot, three-story building going up across the street from Anderson’s fully-occupied first phase, called the Offices at Mayfaire building.
The project has a purchase contract for the entire second floor, Anderson said. Three quarters of the first floor are under contract or the subject of negotiations, he added. One of the occupants will be a specialty dentist and another a bank’s financial services business.
“I have five other medical groups in all stages of discussion for sale or lease,” Anderson said, adding that financial firms and medical practices have discovered Mayfaire.
Anderson said he is in negotiations with three users for the third floor, two of which would take the entire floor.
“There are enough talks going on now if everyone were to show up, I’d have to go down the street and take the last office pad,” he said, referring to his next project, Mayfaire 3.
He said Park Sterling Bank has pre-approved financing for both the No. 2 and 3 buildings, and he expects construction on the third building to start while No. 2 is being built.
“This is one of the most energy-efficient buildings available for the commercial market” in the Wilmington area, and one of the first built to meet international energy standards that went into effect March 1, said Cothran Harris, architect for the project.
Anderson would not say how much the building will cost.
McKinley Building Corp. will construct the office building. Completion is expected by March 1.
“Working with SAMM Properties was so easy. They anticipated what I needed before I even thought of it. I never had to ask any questions about the process. Everything was explained in detail all along the way. I would recommend them to anyone looking to lease or purchase space for their business.”
“After renting my office space for 20 years we purchased our medical office space from SAMM Properties four years ago. Best business decision I've ever made! SAMM is easy to work with and they over deliver. I highly recommend them.”
“Steve Anderson is a quality person, who builds a quality product, and makes the entire process a quality experience. He knows what owners want and need in a commercial property. I have purchased two units in Howe Creek Landing and have been delighted.”
“We worked with Steve Anderson on the lease of our office space in Mayfaire. We were thrilled with the final outcome and look, all beyond our expectation. What we appreciate most was his communication, attention to detail, and delivery of expected results and then some within the expected time frame.”
“My wife and I were leasing space for our retail store here in Wilmington and Steve approached us about purchasing space in Phase II of Anderson Square. Since we had always wanted to own our store space, we actively pursued purchasing a location in Anderson Square. I had known Steve for a number of years but had never had a business relationship with him. I was not surprised at all to find that it was an absolute pleasure to deal with him as our new location was being built. He was always available to help in any way he could to be a problem solver during the construction. I had been expecting a lot of hassles during the build as the gremlins seem to thrive around construction sites, but my experience was the opposite. If I needed help or advice, Steve was right there smoothing the way.
We opened our new location in 2004 and I worked closely with Steve until he sold his interest in Anderson Square in 2016. During those years, I found him to be very concerned about the welfare of all the store owners in the center and was constantly picking up trash, hanging Christmas decorations or driving through to check on any parking problems. Steve is the type of developer that remains involved in his projects long after they are completed. I would highly recommend him to anyone looking to own or lease a portion of any project he is building.”