Real Estate - Commercial

Apr 23, 2018

The developer of a proposed $200 million project on Military Cutoff Road called The Avenue will proceed with pursuing a conditional rezoning and special use permit rather than also working on a development agreement with the city of Wilmington, officials said.  Under development by Greensboro-based The Caroll Companies, The Avenue is planned to be anchored by a Wes ...

Apr 20, 2018

When Demolition Is The Answer

By Cece Nunn, posted Apr 20, 2018

Some readers on Facebook were shocked to see a recent picture of a crew tearing down the former Romano’s Macaroni Grill building at Mayfaire Town Center, asking why the restaurant space couldn’t be reused.   While reusing a vacant commercial building is often an option, there can be important reasons, local commercial building and real estate experts say ...

Apr 20, 2018

A second Wilmington location of Club Pilates, a national Pilates franchise, is opening this month at The Pointe at Barclay. The studio, at 1407 Barclay Pointe Blvd., Suite 403, will offer members reformer-based, total body workouts that help with posture, balance, flexibility and strength, according to a news release. A reformer is a piece of exercise equipmen ...

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Lessons Learned in Paradise

Posted Apr 16, 2018
I just returned from a few days in Antigua - just a quick little getaway from the cold and to get ready for the rush that is tax season.
 
What I discovered – besides the awesome beauty of what must be the closest thing to Eden on Earth – is my desire to ensure my ability to return someday, maybe even permanently. The cacophony of sounds, beauty all around, wonder up...read entire article
Apr 12, 2018

New industrial flex space could be on the way to Leland Industrial Park. Mercantile Park LLC, managed by husband and wife Manoj and Shelley Bhatia, purchased 15 acres at 2195 Mercantile Drive NE in Leland for $400,000 in January.  The couple also owns 2216 Mercantile Drive, an 18,000-square-foot facility occupied by eland Industries. On part of the 15 ac ...

Apr 9, 2018

Wilmington Health is the first tenant confirmed for a new Port City office park called Midtown Park at Barclay. One of the area's largest health care companies, Wilmington Health plans to locate obstetrician/gynecologist services there as part of its lease of half, or 30,000 square feet, of the first building in Midtown Park at Barclay. Other Wilmington Health servi ...

Apr 6, 2018

A marina in Carolina Beach has changed hands. Shinnville Ridge Partners LLC, a real estate investment company based in Charlotte, has purchased Joyner Marina at 401 Marina St. in Carolina Beach for a little over $2 million, according to a deed recorded in New Hanover County. The new name of the marina, which has 69 wet slips, will be Carolina Beach Yacht Club &a ...

Apr 5, 2018

The key to making the former Independence Mall building and property into a successful redevelopment is making it an attractive and diverse destination for a range of audiences, according to Eric Dinenberg, executive vice president of development, construction and operations for Rouse Properties. “The mall business … it’s changing. What’s not ch ...

Apr 4, 2018

Crews worked Wednesday to demolish the former Romano's Macaroni Grill building at Mayfaire Town Center in Wilmington. The demolition could make way for new businesses to come to the 610,000-square-foot center on Military Cutoff Road.  "Our leasing team is working with a number of potential tenants to fill the parcel. However, we cannot make announcement ...

Apr 2, 2018

A new bar is expected to open soon in the former home of longtime downtown Wilmington establishment Costello's Piano Bar, which closed last year. Marc Mereyde, founder and CEO of web design and digital marketing firm TiktoPlus, said Monday that his bar, Old Guerdon Lodge, is expected to open in Unit C at 211 Princess St. within the next couple of weeks. The new esta ...

Mar 30, 2018

Store Moves From Castle Hayne To Leland

By Cece Nunn, posted Mar 30, 2018

A business owner whose boutique was previously located in Castle Hayne has opened her doors in new space in Leland. Jill Miskelly last week opened The Duchess & The Prince, a store featuring handbags, jewelry and other accessories, in 925 square feet in a new Waterford Village retail building that also includes Panera Bread and Capelli Salon. The Panera ...

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Trending News

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In Case Of GenX

Michael Kiser is one of four plaintiffs in consolidated toxic tort cases, proposed as a class action, filed in U.S. District Court in the Ea...


Aiming To Be Open For Business

The recent environmental controversy over two industrial companies looking to further business in Wilmington could send the wrong message in...


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