Real Estate - Commercial

Jun 20, 2018

Axes To Fly At Former Red Barn Theater

By Cece Nunn, posted About 14 hours ago

A Wilmington theater created and formerly owned by actress Linda Lavin and her husband, Steve Bakunas, is set to become an ax-throwing venue and bar. Wilmington resident Mia Troy plans to open Axes & Allies after leasing the 2,220-square-foot building at 1122 S. Third St., which used to be Red Barn Studio Theatre, from the firm that bought it from Lavin and Bakunas ...

Jun 15, 2018

Construction Zone: Updates On 4 Commercial Projects

By Cece Nunn, posted Jun 15, 2018

Current commercial building activity in Wilmington includes retail and office space, with more planned in the coming years throughout the area, including on Military Cutoff Road and in midtown Wilmington. In addition to office space, the projects are adding restaurants and service providers. The following are just four examples of local commercial development activity curr ...

Jun 15, 2018

A regional engineering and design firm plans to move its Wilmington office to North Third Street in downtown Wilmington to allow room for growth. WK Dickson & Co. Inc. officials recently signed a long-term lease for nearly 6,000 square feet in the class-A office building at 300 N. Third St., according to a news release from Wilmington-based commercial real estate fi ...

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Play it Safe When Planning Summer Celebrations

Posted Jun 12, 2018
Summer is the season for outdoor celebration.

Between backyard barbecues, pool parties, graduation shindigs and 4th of July festivities, your calendar may already be full of weekend and after-hours events.

Other than the December holiday season, the summer months are the busiest time of year for social functions. But if you’re planning any get-togethers of your ...read entire article
Jun 14, 2018

A grocery store could be one of the new retailers coming to The Collection at Independence, currently still called Independence Mall. Owners of the mall at 3500 Oleander Drive have submitted plans to the city for the first phase of The Collection at Independence, a redevelopment project announced in March by Rouse Properties, now named Brookfield Properties. Rouse purch ...

Jun 12, 2018

A Texas-based development firm that had planned to build a Lidl grocery store-anchored project off South 17th Street in Wilmington is suing Lidl after the discount grocer terminated its purchase and sale agreement with the company. In a complaint filed June 8 in the U.S. District Court for Eastern North Carolina, Leon Capital Group officials allege that their lawsuit st ...

Jun 8, 2018

An historic downtown Wilmington building could be on its way to being converted to office space. The developers of River Place, a 13-story mixed-use project at 200 N. Water St., have purchased the three-story structure at 226 N. Front St. in a $975,000 transaction, according to a deed recorded in New Hanover County. East West Partners, the Chapel Hill-based firm invo ...

Jun 6, 2018

Up Next For The Avenue: Design And More Review

By Cece Nunn, posted Jun 6, 2018

The next steps for a $200 million project coming to Military Cutoff Road includes design, more city review and local, state and federal permitting. On Tuesday night, the Wilmington City Council approved a rezoning with conditions and special use permit (SUP) for The Avenue, a mixed-use project anchored by a Westin hotel and conference center. Council members Kevin O' ...

Jun 5, 2018

The first full week of June is speedily becoming an important milestone for a couple of major mixed-use projects planned on Military Cutoff Road in Wilmington. Concerns about traffic congestion along the bustling corridor have been at the forefront of discussions developers have had in recent months with local officials and residents in the area. Those discussions will ...

Jun 4, 2018

A trampoline park will become one of Mayfaire Town Center's anchor tenants, taking over the hhgregg spot that was vacated by the electronics and appliances retailer last year.   Flip N Fly, a 28,000-square-foot trampoline park and family entertainment center, is expected to open in July at 830 Inspiration Drive, according to a Mayfaire announcment. " ...

Jun 1, 2018

Historic space under renovation in downtown Wilmington is set to become the home of a second location for nail salon owner Dynh Le. Le opened GDN Nail Bar at 132 Racine Drive two years ago, and now has plans to open another GDN nail salon at 222 Princess St. GDN stands for "Guys Do Nails." Le, who has been doing nails more than half his 31 years because he ...

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In The Current Issue

Construction Zone: Updates On 4 Commercial Projects

Current commercial building activity in Wilmington includes retail and office space, with more planned in the coming years throughout the ar...


Using The State's Brownfields Program As A Catalyst For Development

The N.C. Brownfields Program has helped facilitate millions of dollars in investments in underused downtown Wilmington property and many oth...


Millennials And Money

The age demographic that now represents the largest percentage of the workforce doesn’t feel confident about its saving and investing habits...

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2018 Power Breakfast - Dishing on the Restaurant Biz
2018 WilmingtonBiz Expo - Keynote Lunch with Eric Dinenberg, Rouse Properties
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