A family of brokers involved in hundreds of high-dollar commercial real estate transactions in the Wilmington area has parted ways with one of the region’s largest agencies to form a new company.
 
After five years with Coldwell Banker Commercial Sun Coast Partners, Team Silivanch, which included Garry and Bernadette Silivanch and the couple’s son, Nicholas Silivanch, announced Tuesday the creation of their own company, Eastern Carolinas Commercial Real Estate Inc.
 
“The timing was right,” said Nicholas Silivanch, who had served as Coldwell Banker Commercial’s vice president of retail leasing and acquisitions while his father had served as vice president of office and investment properties. “We had five great years at Coldwell Banker Commercial, building our brand with the services we delivered to our clients, and we felt that it was time for us to go out on our own.”
 
Grayson Powell, managing partner at Coldwell Banker Commerical Sun Coast Partners, said he wishes the new company the best.
 
“You really hate to lose somebody, but sometimes the best thing for both parties is for them to continue on new routes,” said Powell, adding that the change will provide new opportunities for both companies.
 
Eastern Carolinas Commercial plans to continue the “upward momentum” of Team Silivanch, a news release said, “as their client base has made the transition with them to the new company.”
 
Some of those clients include the retail centers Beau Rivage Marketplace in Wilmington, Leland Shopping Center and The Landing at Ocean Isle Beach.
 
Earlier this month, Nicholas Silivanch represented a real estate investment firm in its nearly $13.88 million purchase of Lumina Commons shopping center. Last month, Garry Silivanch represented Shallotte’s Brierwood Golf Club in its $1.25 million sale to two investors.
 
The Silivanches were getting their new office at 5129 Oleander Drive, Suite 103, up and running Tuesday morning. In the coming days, ECCRE’s signs will be going up around town at current properties and at some new locations, Nicholas Silivanch said.
 
The new company’s phone number is 399-4602, and its website is www.eccrenc.com.