Print
Real Estate - Commercial

Company New To Local Market Leases Northchase Industrial Park Space

By Cece Nunn, posted Aug 2, 2024
An example of a Hajoca Corp. showroom from the company's website.

It’s not the first time a TV show factored in someone’s decision to move to Wilmington.

Bill Pritchett’s daughters loved One Tree Hill, a Wilmington-shot drama that aired from 2003 to 2012, so the family vacationed along the city’s riverfront.

“We’ve been coming for years for long weekends and loved it so much,” Pritchett said. “I got lucky with the Hajoca Corporation reaching out to me and saying that because of business trends and the growth, the market’s just perfect for the company.”

Hajoca Corp. will occupy 20,000 square feet of leased space at 3200 Corporate Drive (pictured below) in Wilmington, with Pritchett as the profit center manager. Pritchett, who moved to the area from Baltimore, Maryland, has more than 30 years of sales experience in the plumbing and HVAC wholesale industry.

New to Wilmington, the company is one of the nation’s largest privately held wholesale distributors of plumbing, heating and cooling, pool and industrial supplies, according to Hajoca officials. 

At its new location, Pritchett said, “we’re going to have plumbing, light commercial (such as restaurants and office buildings) and HVAC accessories, and we will have a plumbing showroom open around the first of the year.”

Wilmington-based commercial real estate brokers assisted in the transaction. Steve Hall of Blue Coast Commercial Realty represented the owner of 3200 Corporate Drive, which is in Northchase Industrial Park, while Will Leonard of Cape Fear Commercial represented Hajoco Corp. 

Hall said he sees “a good amount of interest” from companies looking for new locations.

“Each industrial tenant and/or buyer that I speak with will have certain criteria under which they need to work. Location, delivery dates, visibility, ceiling heights, lease rates, among several other items, all play a role in the decision-making process and knowing how to navigate those issues plays a key part in finding the perfect location. 

“Hajoca Corp. is a very desirable tenant for a landlord, and we are glad to have them in the building.”

Company officials said Hajoca, founded in 1858, has 450 locally managed locations and 60 different regionally established trade names.

Ico insights

INSIGHTS

SPONSORS' CONTENT
Gretchen roberts 2021

From Contracts to Offshoring: 7 Powerful Gross Margin Growth Levers

Gretchen Roberts - Red Bike Advisors
Jasonpathfinder3

Private Equity Goes Public (Sort Of): What Investors Need to Know

Jason Wheeler - Pathfinder Wealth Consulting
Untitleddesign12

The Vital Role of Alumni and Collaboration with Your University's Career Services Center

Trending News

City To Consider New Leases For Fintech Firm, Senator's Office

Emma Dill - Jul 15, 2025

Leland-based Firm's Product Earns Innovation Award

Staff Reports - Jul 15, 2025

Tree Alliance Announces New Board Members

Staff Reports - Jul 15, 2025

Ullucci Named Founding Director Of Physical Therapy Doctoral Program

Staff Reports - Jul 15, 2025

TD Bank Promotes Johnson To Retail Market President Of Mid-South Metro

Staff Reports - Jul 15, 2025

In The Current Issue

Research Can Be A Pain In The Neck

The Neck Strength Assessment Tool and corresponding mobile app help identify individuals at risk for traumatic brain injuries, whiplash and...


Delaney Radiology Installs New MRI Suite In Wilmington

Delaney Radiology began construction on a new fixed MRI suite to house a wide-bore 3T unit in 2024....


Economic Development Funds Explained

Wilmington and New Hanover County included funds tied to job creation in budgets this year....

Book On Business

The 2024 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

2024 Power Breakfast: The Next Season