Real Estate - Commercial

Sep 17, 2021

Trailblazing Builder Hangs Up Her Hard Hat

By Cece Nunn, posted Sep 17, 2021

Beth Pancoe can trace her love of construction as far back as early childhood.   “Well, my dad was a Methodist minister, and they didn’t pay ministers anything. So I really never had toys when I was a little girl, but I did have big trees around our house and the roots out of the ground,” Pancoe said, “and I would go out for hours and play wi ...

Sep 17, 2021

Market Street Shopping Center Under New Ownership

By Cece Nunn, posted Sep 17, 2021

A Wilmington shopping center changed hands recently for more than $2 million. Market Street Station, 5214 Market St., was purchased by Claude Smith Enterprises Inc., according to an announcement from Wilmington-based Eastern Carolinas Commercial Real Estate. ECCRE represented the buyer, which is based in Rockingham, in the $2.2 million transaction. Paul Loukas and ...

Sep 13, 2021

An engineering firm has submitted a conceptual site plan to New Hanover County that proposes more than 200,000 square feet of flex space, including industrial space, in the 2500 block of Blue Clay Road. The site plan, by Paramounte Engineering Inc., includes 11 buildings on more than 18 acres east of Pilgrim Circle. The property is currently owned by Corbett Package Co. ...

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5 Things To Remember Regarding Your Copier Contract

Posted Jul 19, 2021
With copier contracts that can span over several years, it can be easy to focus on other initiatives and forget the details of your agreement. This is especially true if you are not in constant communication with your representative regarding how your current equipment is serving your needs or how the pandemic is affecting your organization.
 
Below I will address five areas reg...read entire article
Sep 3, 2021

Two major redevelopment projects are moving forward after the city’s planning panel gave them the green light to be considered by the Wilmington City Council. Rezonings for a mixed-use project on South College Road, to be built where a Honda dealership used to operate, and the proposed transformation of motels into apartments on Market Street, got the go-ahead Wed ...

Sep 3, 2021

Downtown Block's Transformation Proceeds

By Cece Nunn, posted Sep 3, 2021

Plans for the transformation of a downtown Wilmington block are proceeding, New Hanover County officials said in a recent update.   The next phase for Project Grace, which is the name of a public-private partnership to redevelop the county- owned block bordered by Grace, Third, Chestnut and Second streets, is schematic design and design development, according to a c ...

Aug 27, 2021

Mixed-use Project Update: The Latest On CenterPoint

By Cece Nunn, posted Aug 27, 2021

Although it's been four years since developers announced plans for CenterPoint, a major mixed-use project on Eastwood and Military Cutoff roads in Wilmington, work on the development continues with a potential start next year. CenterPoint, planned by Wilmington-based firm Swain & Associates, is expected to include a hotel, an office building with a parking deck, ...

Aug 24, 2021

Investors in Wilmington’s Cargo District recently bought a building with a trailblazing seller, planning to use the property in the formation of "a bookend" to the downtown community known for its new businesses and use of cargo containers. Cargo District LLC purchased 1901 Kent St. for $620,000 from Beth Pancoe, president of SDI Construction Inc., accor ...

Aug 12, 2021

Ogden Office Building Under New Ownership

By Cece Nunn, posted Aug 12, 2021

An office building on Market Street in Ogden sold recently for $1.4 million, according to an announcement by Wilmington broker Lindsey Hess of Cape Fear Commercial. The 6,000-square-foot building was purchased by Middle Sound OMS LLC, owned by oral surgeon Graham “Grey” Wilson.  Wilson plans to relocate his practice with partner Shawn Conrad to the b ...

Aug 10, 2021

A Novant Health and NHRMC entity bought a midtown Wilmington office building this week that will serve as Novant's new coastal market corporate office, officials said Tuesday. Novant Health New Hanover Regional Medical Center LLC purchased the more than 21,000-square-foot facility at 2605 Iron Gate Drive. The seller in the $4.5 million transaction was Graham-Cameron ...

Aug 6, 2021

Area Retail Trends Include New Stores

By Cece Nunn, posted Aug 6, 2021

While national chains have faced bankruptcies and closed stores for the past couple of years, some parts of the Wilmington area are attracting more retail space and tenants.   More than 8,000 stores in the United States closed last year, and experts predict 10,000 could close in 2021, according to a Business Insider article.   Locally, although spaces emptied ...

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In The Current Issue

MADE Winners: Food & Beverage Category

End of Days Distillery, Mema's Chick'n' Ribs and Noni Baca Winery are the winners in the MADE Awards Food & Beverage Category....


MADE Winners: Arts Category

Filmwerks, House of Harris and T. Shaw Designs were winners in the MADE Awards Arts Category...


Economist To Share Local Prognosis

“The way I’m thinking about the current situation is that it’s like taking a drug if you’re ill,” he said. “There’s the benefit in that it t...

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