Coastal Beverage Company gets location at Pender Commerce Park

PENDER COUNTY, NC (WWAY) — Pender Commerce Park officially has a fourth tenant. The Board of Commissioners approved the sale of 27.7 acres to Coastal Beverage Company at a meeting Monday evening.

This news comes after FedEx Freight announced on Friday that they would be building a new service center in the park in the coming months. The new development will serve as Coastal’s new corporate headquarters and regional distribution space.

Commissioner George Brown says he hopes that the park’s location along Highway 421 will continue to entice new businesses to come to Pender County.

“To sit here and say we were glad to see it happen is an understatement,” Brown said. We’re trying to fill that park up, so we want all the business we can get in the park. We’ve got a good momentum going so far.”

The buildable area of the parcel that Coastal bought is around 20 acres. The company bought the land for a little more than $850,000.