Real Estate - Commercial

Apr 18, 2019

Porters Neck Rezoning Request To Bring Lots For Sale

By Johanna Cano, posted Apr 18, 2019

A rezoning request for a lot at 9000 Market Street in Porters Neck would allow property owner WPE Holdings to construct a road down the middle of the land and designate lots for sale, primarily for medical centers and possibly some retail options, said Michael Nadeau, president of Creative Commercial Properties. The request for the 23.25-acre lot, made by Nadeau on beha ...

Apr 18, 2019

Drug development, manufacturing and packaging firm Alcami has sold its technology center in Wilmington to a Durham real estate management company in a leaseback deal. Mattie Equity LLC on Wednesday purchased the property, including about 5 acres and a nearly 71,000-square-foot building at 2320 Scientific Park Drive, for more than $15.7 million, according to the deed and ...

Apr 17, 2019

Homebuilder Branches Out With Flooring Business

By Cece Nunn, posted Apr 17, 2019

A homebuilder who aims to diversify is opening a flooring business, one he hopes will be the first location in a chain, at a Carolina Beach shopping center. Keith Bloemendaal, owner of Dutch Built Homes, hopes to begin welcoming customers to Flooring Direct Inc.'s showroom at 1401 N. Lake Park Blvd., Unit 28, in the next 30 to 45 days, he said Wednesday. The ...

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Commitments and Contingencies

Posted Mar 12, 2019
Financial statements provide a picture, a snapshot, of the state of your organization at one point in time – generally your fiscal year end – and how well you managed your funds over that fiscal year.
 
But that doesn’t complete the picture.
 
It is also important to inform the readers of your financial statements – your grantors, your ...read entire article
Apr 16, 2019

County Commissioners To Pursue 2 Tracks On Project Grace

By Jenny Callison, posted Apr 16, 2019

Faced with only one developer response to the county’s Request for Proposal and many questions about projected costs and potential revenues, New Hanover County Commissioners voted unanimously at their meeting Monday to consider multiple options for the downtown development known as Project Grace. The discussion of Project Grace, county-owned block in downtown Wilm ...

Apr 12, 2019

With Latest Tenant, Crossroads Center Now Fully Leased

By Johanna Cano, posted Apr 12, 2019

With the addition of its latest tenant, Townhouse Art & Frame Center, Crossroads Center is now fully leased, according to officials with The CRESS Group, which handles leasing activities at the center. The shopping center, located at the intersection of South Kerr Avenue and Wilshire Boulevard, has a variety of businesses including Grinders Café and The Wine ...

Apr 5, 2019

Owner Marketing Navassa Site

By Jenny Callison, posted Apr 5, 2019

As the agencies involved in remediating the former Kerr-McGee Chemical Corp. site in Navassa continue to study what needs to be done, one entity is moving forward to identify potential buyers for the site.   “There has been some interest,” said Richard Elliott, Multistate Environmental Response Trust project manager, who is working with Robin Spinks, a s ...

Apr 5, 2019

Carolina Beach Road Going To The Dogs

By Cece Nunn, posted Apr 5, 2019

Furry friends mean big business.   That’s why two separate pet day care and boarding facilities are looking to fill what they see as a void of places catering to pet owners in southern Wilmington.   A Port City location of California- based franchise Camp Run-AMutt is on the way to 2541 Carolina Beach Road, and along the same corridor, the property&rsqu ...

Apr 2, 2019

As construction workers continued Tuesday to clear land where apartments, townhomes and commercial space will rise on Military Cutoff Road, the developers of the mixed-use project are looking for the right commercial tenants, including a restaurant and bar and potential coffee shop. The site work for Arboretum West, which will include about 360 ...

Mar 29, 2019

Dog days are coming to Carolina Beach Road in Wilmington, via two separate businesses. Both offer dog daycare and boarding. A Port City location of California-based franchise Camp Run-a-Mutt is on the way to 2541 Carolina Beach Road, and along the same corridor, the property’s new owner is planning a Pawville facility behind Bone & Bean restaurant. The John ...

Mar 26, 2019

Architecture Firm Settles Into New Office Space

By Cece Nunn, posted Mar 26, 2019

A Maryland-based architecture and planning firm with a bustling office in Wilmington has expanded its footprint in the Port City. Becker Morgan Group has moved into a bigger office, Suite 120 of the new building at 3333 Jaeckle Drive off Randall Parkway, about a block from its previous address. The company opened its first official office in Wilmington in 2007, said ...

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Managing Energy as a Business Priority

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The Rise of Artificial Intelligence: What Does It Mean for Our Region?

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