Print
Real Estate - Commercial

New Commercial Real Estate Team Launches

By Cece Nunn, posted Dec 22, 2017
The Clarendon Commercial team, affiliated with KW Commercial and Clarendon Properties, was formed by Adam Nicholas (fourth from left) and John Sandlin (far right). (Photo courtesy of Clarendon Commercial)
Brokers recently launched a new commercial real estate team based in Wilmington.

Adam Nicholas and John Sandlin have started Clarendon Commercial, which is affiliated with KW Commercial, as well as Clarendon Properties, a firm that is primarily focused on hotel development in North Carolina and South Carolina and medical and dental offices throughout the state.

The Clarendon Commercial team, which includes seven full-time brokers and two support staff members, evolved from the goal of Clarendon Properties to form a brokerage division, Sandlin said.

"We're just starting out; however, we're starting off pretty strong, and we're planning to grow pretty quickly over the next year," Nicholas said.

The team chose to stay affiliated with KW Commercial, the commercial arm of Keller Williams Realty Inc., for several reasons, Nicholas said.

"They've got a lot of training and all kinds of great resources. On top of that their branding is well-recognized around the country," he said. "It's nice to be part of that network."

Nicholas said the new brokerage team is equipped to take on just about any brokerage task and specializes in land and development, office, retail, multi-family, industrial and hospitality.

The group already has plenty of experience, said Nicholas and Sandlin, who has more than 30 years in real estate development and site selection and is also president of Clarendon Properties.

In 2017, members of the Clarendon Commercial team completed transactions that equaled $8.5 million in volume in leasing and sales, Nicholas said.

"We're bringing that level of volume, expertise into Clarendon Commercial from the get-go and then we're planning on doubling that over the next year," Nicholas said.

Clarendon Commercial is located at the office of Clarendon Properties, the company that is also currently planning a 150-room dual-branded hotel in Ogden, at 107 Stokley Drive in Wilmington.

"I guess the bottom line is it really started out with us trying to be the driving force, and basically KW Commercial came in and really made it better than what we expected it to be," Sandlin said.

Story On The Map

Ico insights

INSIGHTS

SPONSORS' CONTENT
Jim ellis headshot 10311631058

Reconsider A/B Testing

Jim Ellis - Signal
Billhunter300x300 b&w

The 80/20 Rule for Smart Business Growth

Bill Hunter - Wilmington Design Company
Susan 2 april242017

Reverse Mortgage Can Be Helpful but Beware of Pitfalls

Susan Willett - Old North State Trust, LLC

Trending News

Coastal Select Properties Grows With New Downtown Location

Johanna Cano - Jul 16, 2018

In The Current Issue

Talking Tariffs

As the United States navigates a trade war, some local companies and officials are keeping a close eye on the effects of the country’s trade...


Governments Fund Economic Agencies

The new fiscal year for government entities in the Cape Fear region began July 1, and with it, a new round of economic development funding f...


Wilmington Health Cardio Lab Earns Reaccreditation

Wilmington Health Cardiology’s echocardiography lab recently earned three-year echocardiography reaccreditation in Wilmington....

Book On Business

The 2018 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

2018 Power Breakfast - Dishing on the Restaurant Biz
2018 WilmingtonBiz Expo - Keynote Lunch with Eric Dinenberg, Rouse Properties
2017 Health Care Heroes