Print
Real Estate - Commercial

Three Businesses Moving To Autumn Hall As More Development Planned

By Cece Nunn, posted Jun 24, 2021
Commercial brokers on Thursday announced three of the tenants coming to a future Autumn Hall office building. (Rendering courtesy of Cape Fear Commercial)
Three more businesses are joining the mix at Autumn Hall in Wilmington, where work is underway on new buildings and future development plans include office space, apartments and a hotel. 

Wilmington-based commercial real estate firm Cape Fear Commercial announced Thursday three leases totaling nearly 18,600 square feet in the latest phase of Autumn Hall, a master planned community on Eastwood Road.

Union Bank, Bill Clark Homes and SEPI Engineering & Construction have signed on to be the first tenants in the 25,655-square-foot, class A office building dubbed “Building 2” by developers.

“Union Bank and Bill Clark Homes will occupy the first floor of the building while SEPI has leased space on the second floor,” the Cape Fear Commercial news release stated. “All three tenants are well-established businesses within the region and are relocating from their current locations on Military Cutoff Road, Racine Drive and New Centre Drive, respectively.” 

Mike Brown, senior vice president with Cape Fear Commercial, said in the release, “With the execution of these leases, the project is now 73% leased and approximately 7,000 square feet remain available on the second floor.”

Site work has begun for Building 2, which is expected to be complete in spring 2022, the release stated.

The project is across from Building 1, a 19,000-square-foot structure under construction at the corner of Autumn Hall Drive and Eastwood Road, according to the release. 

The buildings were designed by LS3P and are being developed by GHK Cape Fear Development. Thomas Construction Group is the general contractor. 

Building 1 will be anchored by Starbucks and Ash Aziz’s Origin Food and Drink

Brown said Building 1 has 1,652 square feet remaining to be leased. 

“With Buildings 1 and 2 underway, we are now turning our attention toward other projects in this next phase of Autumn Hall,” Brown said in the release. “We plan to bring forward two additional office buildings (Buildings 3 and 4) to meet the steady demand for first class office space within the Landfall submarket.

"Additionally, we are working on a multifamily project with ground floor retail and expect to announce a 150-room hotel for the development later this year.” 

Brown and Brian Eckel of Cape Fear Commercial represented the landlord, Autumn Hall Building 2 LLC, in the three lease transactions announced Thursday. Bryce Morrison of Cape Fear Commercial represented Union Bank, while Paul Loukas, CFC’s broker in charge, represented SEPI in lease negotiations, the release stated.
Ico insights

INSIGHTS

SPONSORS' CONTENT
Dave sweyer 300 x 300

Insights into the 2023 Leasing Market in Wilmington, NC: What You Need to Know

Dave Sweyer - Sweyer Property Management
Untitleddesign5

The Impact of a Growth Mindset

John Monahan - Vistage
Jasonpathfinder3

What You Need to Know About SECURE 2.0 and Its Effect on Retirement Plans

Jason Wheeler - Pathfinder Wealth Consulting

Trending News

YMCA Eyes Growth With Plans For New, Expanded Facilities

Emma Dill - Apr 23, 2024

Burns, Redenbaugh Promoted At Coastal Horizons

Staff Reports - Apr 23, 2024

Cold Storage Developer Sets Near-port Facility Completion Date

Audrey Elsberry - Apr 24, 2024

Wilmington Financial Firm Transitions To Wells Fargo's Independent Brokerage Arm

Audrey Elsberry - Apr 24, 2024

Krug Joins Infinity Acupuncture

Staff Reports - Apr 23, 2024

In The Current Issue

Info Junkie: Lydia Thomas

Lydia Thomas, program manager for the Center for Innovation and Entrepreneurship at UNCW, shares her top info and tech picks....


Bootstrapping A Remote Option

Michelle Penczak, who lives in Pender County, built her own solution with Squared Away, her company that now employs over 400 virtual assist...


Taking Marine Science On The Road

“My mission and my goal is to take my love of marine science, marine ecosystem and coastal ecosystems and bring that to students and teacher...

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