Print
Real Estate - Commercial

Local Commercial Real Estate Firm Hired To Manage Leland Complex

By Cece Nunn, posted Jul 11, 2017
Fat Tony's Pub at 503 Olde Waterford Way is among the businesses in The Village Shoppes at Waterford, a complex that is 87 percent occupied and now managed by Coldwell Banker Commercial SunCoast. (Photo courtesy of Coldwell Banker Commercial SunCoast)

A Wilmington-based commercial real estate and property management firm was recently hired by The Village Shoppes at Waterford to manage the mixed-use retail and office complex on U.S. 17 in Leland.

Coldwell Banker Commercial SunCoast is managing eight buildings within The Village Shoppes, a 102,000-square-foot complex next to the master-planned residential community Waterford of the Carolinas, according to an announcement Tuesday.

Of the buildings that Coldwell Banker Commercial SunCoast is managing, seven are on Olde Waterford Way: 473, 477, 485, 497, 503, 509 and 511 Olde Waterford Way. Tenants include Fat Tony’s Pub; Port City Java; Forever 24 Fit; Intracoastal Realty; Town of Belville; Cunningham Mortgage Bank; Belville ABC Store; Movement Mortgage; Cape Fear Cancer Specialists; EmergeOrtho; Wilmington Yoga; Asia Sushi; Tin & Oak; and numerous other office, retail and medical services companies.

The properties under management are owned by Bert Exum, a local developer of residential and mixed-use communities in northern Brunswick County, including Waterford of the Carolinas, Magnolia Greens and Compass Pointe.

“I have been working with Bert Exum for more than 20 years on a wide variety of his developments and have been handling the leasing and marketing of The Village Shoppes at Waterford since the first building went in the ground in 2002,” said Don Harley, broker and partner with CBC SunCoast, in Tuesday's news release. “It was a natural progression to expand these services into property management through Coldwell Banker Commercial SunCoast.”

In addition to managing the seven properties on Olde Waterford Way, CBC SunCoast manages 22 Waterford Business Center Way, a property owned by SS Belville LLC that houses Verizon and Mattress Firm.

Heidi Burgess, property manager for Coldwell Banker Commercial SunCoast, and Diane Walston, assistant property manager, work together to manage The Village Shoppes, while Don Harley handles all leasing and sales.

While 87 percent of the complex is occupied, a variety of retail and office space is now available for lease and ranges in size from 600 to 2,943 square feet, contiguous, the release said. Four land parcels within The Village Shoppes are available for purchase, with lots ranging from .7 to 1.83 acres that are zoned for office, retail, hospitality, restaurant or medical services, according to the release.

Ico insights

INSIGHTS

SPONSORS' CONTENT
Lynnwhitesellheadshot

The Five Behaviors Of A Cohesive Team

Lynn Whitesell - Harris Whitesell Consulting
Jim ellis headshot 10311631058

5 Tips for Tradeshow and Conference Videos

Jim Ellis - Signal
Lyleheadshot2017 1251720228

Why I Like To Hear No

JC Lyle - Wilmington Area Rebuilding Ministry

Trending News

Downtown Office Building Changes Hands In $3.7M Deal

Cece Nunn - Nov 18, 2019

Bankruptcy Filing: Vertex Railcar Owes More Than $45M

Cece Nunn - Nov 19, 2019

Beach & Barn Raises $230K

Johanna Cano - Nov 19, 2019

2019 Health Care Heroes Award Winners Announced

Staff Reports - Nov 18, 2019

Group Forms To Oppose Hospital Sale Or Partnership

Johanna Cano - Nov 20, 2019

In The Current Issue

Hard Labor: Employers Face Strained Searches For Workers

Some businesses are struggling to find qualified workers in a tight labor market, and the Cape Fear region is feeling the effects....


Habitat Chief Leads The Way Home

Steve Spain has spent much of his professional life combating homelessness. Heading into his seventh year as executive director of Cape Fear...


Navassa Driven Closer To Major Growth

About 2,100 people live in Navassa, but officials and developers expect that number to grow by the thousands in the next 20 years....

Book On Business

The 2019 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

August 26, 2019 Power Breakfast: A Healthy Sale?
WILMA's Leadership Accelerator
2019 WilmingtonBiz Expo Keynote Lunch - CEO, nCino, Pierre Naude`