Print
Real Estate - Commercial

New Retail Center Bringing New Businesses To Porters Neck

By Cece Nunn, posted Jan 30, 2018
Sugarwood Interiors anchors Sugarwood Center, a new neighborhood retail commercial center in Porters Neck. (Photo courtesy of Sugarwood Interiors)
A new shopping center in Porters Neck is filling with tenants as northern New Hanover County continues to grow.

Sugarwood Interiors, a home furnishing store and the anchor tenant for Sugarwood Center, 167 Porters Neck Road, opened its doors Jan. 2, according to a news release.

The nearly 12,000-square-foot center's owners and developers, Jim and Janece Stone, are 20-year residents of Porters Neck, and Janece Stone's art background led to the opening of Sugarwood Interiors, the release stated.

"We were originally seeking a space to headquarter our fire and water restoration company, Stone Development & Restoration. When we came across this location, we knew it would be ideal for both businesses,” said Janece Stone, who is also the owner of Sugarwood Interiors, in the release.

While Sugarwood Interiors is the first business to open in the newly constructed Sugarwood Center, Physical Therapy Services of Wilmington, Stone Development & Restoration and Amplifly Cycle & Strength, a spin cycling and fitness studio, are scheduled to join the tenant line-up in the spring of this year, according to the release.

Amplifly owner Ali Nyquist said the center is just five minutes away from the Porters Neck home where she and her husband, Ryan, a professional freestyle BMX and freestyle mountain bike athlete, live. The commercial broker who helped them, Justin Mullarkey, along with his wife, Jenny, of Eastern Trust Real Estate of Greenville, found Sugarwood Center in its beginning stages, and "they just felt there was something really special about it and they thought it would be a great place for me. I trusted them and I also fell in love with the space," Ali Nyquist said.

For the Nyquist family, fitness is a way of life -- Ryan Nyquist has his eye on the 2020 Summer Olympics in Tokyo, and Ali Nyquist, a triathlete, has been in the fitness industry for 11 years, doing personal training and group fitness, among other accomplishments, she said.

"We're just excited to introduce people to a new style of indoor cycling as well as offer them a variety of classes, such as yoga, mat Pilates and small group functional fitness training," Ali Nyquist said, adding that the fitness center will also offer childcare. 
  
Janece Stone said developing a commercial center is a natural extension for the Stones -- they have completed projects in Raleigh that include a Family Dollar store and a 20-unit apartment complex.

But for Janece Stone, Sugarwood Interiors "has been a real passion project for me personally. I've always helped my husband with the construction business, but always loved everything related to home interiors and design. I am so thankful getting this opportunity to have my own business doing something I really enjoy."

Sugarwood Interiors is an upscale furniture and accessories store with a relaxed coastal farmhouse atmosphere, the release stated.

Coldwell Banker Commercial SunCoast brokers Cody Cress and Tyler Pegg of The Cress Group in Wilmington are the listing agents for Sugarwood Center.

The center has been attracting numerous potential tenants, Pegg and Cress said.

"We’re getting a lot of interest, from brand new businesses to people opening additional locations up in the Porters Neck submarket," where they’re feeling more comfortable with the growth in and stability of the Porters Neck area, Cress said.

Janece Stone said, "All of the sudden, in the last few years, there's more housing, there's more development, and now there's more commercial development. It seemed like the right time."

She said in the release, “With only three available spaces remaining in Sugarwood Center, we plan to attract upscale retail or healthy food stores to complete the center."

Story On The Map

Ico insights

INSIGHTS

SPONSORS' CONTENT
Jasonpathfinder3

Do You Have Enough Change For Retirement?

Jason Wheeler - Pathfinder Wealth Consulting
Morton300x300

CFCC's Small Business Center Offers Free Support For Local Business Owners And Entrepreneurs

Jim Morton - Cape Fear Community College
Billcoleman lopw headshot

Reaping The Benefits Of Patience

Bill Coleman - Live Oak Private Wealth

Trending News

Apartment Community Sells For $67.5M In Leland

Cece Nunn - Jun 14, 2021

Laura Tayloe Joins Live Oak Private Wealth

Christina Haley O'Neal - Jun 15, 2021

Mixed Use Development Proposed Off Military Cutoff Extension

Christina Haley O'Neal - Jun 16, 2021

Port Of Wilmington To Link To CCX Terminal In Rocky Mount

Christina Haley O'Neal - Jun 15, 2021

TopSea Wingz Now Open

Jessica Maurer - Jun 16, 2021

In The Current Issue

Leapfrog Group Awards Area Hospital Safety Scores

The Leapfrog Group recently gave Novant Health Brunswick Medical Center an A letter grade in its spring hospital safety grades. New Hanover...


NHRMC Forming Community Advisory Group

As part of its acquisition by Novant Health, NHRMC is putting together an advisory council made up of community members from the tri-county...


Hospice Renames Its Wilmington Garden

Lower Cape Fear LifeCare recently held a dedication ceremony to formally name its Wilmington garden....

Book On Business

The 2021 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

Trying to Grow a Business?
2020 Health Care Heroes
2020 WilmingtonBiz 100