Real Estate - Commercial

Nov 11, 2019

A new tenant is coming to a former Coca-Cola bottling building on Princess Street, in the area known as Wilmington's Soda Pop District. About 5,700 square feet inside the building will be an outreach campus for A Safe Place, a nonprofit organization that focuses on prevention, advocacy and restoration to assist victims of domestic sex trafficking and commercial ...

Nov 8, 2019

Real Estate Investment Firm Expands In Wilmington

By Cece Nunn, posted Nov 8, 2019

A real estate investment firm based in the Port City expanded recently by moving to larger office space and adding employees to its team. LP Equity LLC, whose partners have invested at least $60 million in 32 states since 2005, moved from Airlie Road to about 3,500 square feet in Suite 203 at 1838 Sir Tyler Drive. The move more than doubled the firm's office space, ...

Nov 1, 2019

Potential Slowdown: Brokers Weigh In

By Cece Nunn, posted Nov 1, 2019

Garry Silivanch worries about the future.   The partner in Wilmington- based Eastern Carolinas Commercial Real Estate keeps track of the signs – indicators that he believes could be signaling the start of another economic downturn, such as the low unemployment of recent years.   Plus, he’s seen a slowdown in commercial real estate activity in cert ...

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When is the Best Time to Buy a New Home? 

Posted Sep 27, 2019
This Insights article was contributed by Bill Scott, Corning Credit Union Mortgage Specialist.
 
Homebuying is an exciting — yet complicated — process. Sometimes it is driven by unforeseen life-changing events like job relocation or a disaster requiring immediacy in locating a new home. Other times, buyers have a little more time to plan due to things like e...read entire article
Nov 1, 2019

New Boutique Opens At Racine Commons

By Cece Nunn, posted Nov 1, 2019

A new store opened recently at Racine Commons, a shopping and dining complex on Racine Drive.  Wrightsville Ave sells clothing and accessories for women with coordinating options for children. Cassi Cullen, owner, said she’s dreamed of owning a store for a long time. “I've always known that this is something I wanted to do,” said Cullen, wh ...

Oct 31, 2019

A limited liability company organized by doctors wants to buy a county-owned South College Road property for more than $1 million. The New Hanover County site used to hold a public library, and the sale would be contingent upon approval from county officials and the result of a 10-day upset bid period. Primary Care Associates LLC bid $1.24 million for the acre a ...

Oct 30, 2019

Electric Supply Firm Expands In Wilmington

By Cece Nunn, posted Oct 30, 2019

An electrical component supplier with a national reach leased space recently to expand its presence in Wilmington. Womack Electric Supply, which has a sales office in the Port City and a home office in Danville, Virginia, plans to move from its office off Gordon Road to an 11,000-square-foot office and warehouse facility on Old Dairy Road. "Our company does ...

Oct 28, 2019

Investors bought a mixed-use project in downtown Wilmington recently for $2.25 million, according to a news release Monday from a Wilmington-based commercial real estate firm. The Castle Street project, Urban Oasis, includes 11 apartments built in 2015 and 8,500 square feet of attached retail space that includes tenants such as Luna Caffè and Decades of Decor, th ...

Oct 25, 2019

Firm Plans For Future By Seeking Warehouse Approval

By Cece Nunn, posted Oct 25, 2019

A Wilmington firm submitted site plans for a more than 167,000-square-foot warehouse that might or might not get built. The purpose of the submission was to get the approval process going in case a potential tenant for the 8.6-acre property is identified, said Hill Rogers, broker in charge of Cameron Management. Cameron Co. Lt., the owner of the property at 820 Sunny ...

Oct 21, 2019

The Wilmington office of Clancy & Theys Construction Co. celebrated its 35th anniversary in the Port City this month with an event at Cameron Art Museum, a landmark midtown structure built by Clancy & Theys and designed by Gwathmey Siegel & Associates.  When the Wilmington Division's vice president and CEO, David Michael, started working for the fir ...

Oct 18, 2019

Commercial Real Estate Firm Moves To New Office Space

By Cece Nunn, posted Oct 18, 2019

A Wilmington-based commercial real estate firm recently moved to a new office in the Port City not far from the University of North Carolina Wilmington. Eastern Carolinas Commercial Real Estate relocated to 4922 Randall Parkway from 432 Landmark Drive off Carolina Beach Road. The firm was founded in 2014 by the Silivanch family: Garry and Bernadette Silvanch and ...

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In The Current Issue

Sport Attracts Players To Leland

When you want to socialize and engage in a multi-generational activity, Leland has a place to go: the House of Pickleball....


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....


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Not everyone looks forward to spending half the holiday in the kitchen on Thanksgiving Day. Fortunately, there are plenty of local options....

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