Print
Real Estate - Commercial

Mayfaire's Starbucks, Verizon Moving . . . But Not Far

By Cece Nunn, posted Jan 25, 2019
A building under construction at the corner of Sir Tyler Drive and Military Cutoff Road in Renaissance Market will hold a Starbucks coffee shop and drive-thru and a Verizon store. (Photo by Cece Nunn)
Starbucks and Verizon are leaving the Mayfaire shopping centers where they're currently located along Military Cutoff Road for space across the road in Renaissance Market, a new center anchored by an Earth Fare grocery store.

The new Renaissance Market tenants will be located in the building under construction on the center's outparcel at the corner of Sir Tyler Drive and Military Cutoff, giving the Starbucks coffee shop a drive-thru.

Organic grocer Earth Fare opened at the center in November and West Marine, and Blaze Pizza opened there the following month.

"Our ability to recruit three highly sought-after national tenants from three different successful centers in Wilmington is a testament to Renaissance Market's location, the improved access and strong visibility. Customers appreciate the ability to get in an out quickly and safely," said Randy Kelley of Harbour Retail Partners, which developed Renaissance Market with Trask Land Company. 

West Marine relocated from Lumina Commons, Starbucks will be relocating from a building at Mayfaire Town Center, and Verizon will be moving from its spot next to Panera Bread in Mayfaire Community Center.

For Mayfaire Town Center, the announcement that Starbucks is leaving marks the third national chain departure from the center to become public this month. The others are fashion retailers Eddie Bauer, which closed Thursday, and J. Crew, although those stores announced closings rather than relocations.

The new Starbucks location at Renaissance Market will be about 2,261 square feet, and Verizon will have about 2,344 square feet there, according to a news release.

The Starbucks and Verizon locations are expected to open in May. With those leases, there is only one space left in the shopping center, a 1,400-square-foot spot next to Earth Fare.

"I think the location really helped us create that quick absorption," said Raiford Trask III of Trask Land Company. "And also the synergy -- that's a good group of tenants."
Ico insights

INSIGHTS

SPONSORS' CONTENT
Yasminheadshotwithlogo

How Reading Works

Yasmin Tomkinson - Cape Fear Literacy Council
Alyce 4 april242017

Millennials Facing Heavy Debt Burden, Need Realistic View of Future

Alyce Phillips - Old North State Trust LLC
Rob20beale2 311791810

The Key to Project Success

Rob Beale - W.M. Jordan Company

Trending News

New Bakeries, Including Breadsmith, Coming To Wilmington

Jessica Maurer - Feb 18, 2019

City Council Set To Consider Castle Street Property's Future

Christina Haley O'Neal - Feb 18, 2019

ILM's Travelers In January Reach A Record

Christina Haley O'Neal - Feb 19, 2019

Publix Expected To Open In Oak Island In 2020

Cece Nunn - Feb 19, 2019

KWIPPED Hires Chief Growth Officer

Christina Haley O'Neal - Feb 19, 2019

In The Current Issue

Housing Market: When History's For Sale

Homebuyers in the market for a historical dwelling seem to have at least one thing in common: a love of storied structures, big or small....


Pushing Investment Crowdfunding

After almost two years since the NC PACES Act was enacted, three companies have completed crowdfunding fillings with the state, demonstratin...


Navy Week To Coincide With Azalea Festival

The U.S. Navy is coming to the Port City this spring, coinciding with the N.C. Azalea Festival. Wilmington is among the 14 selected sites –...

Book On Business

The 2019 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

Health Care Heroes 2018
2018 WilmingtonBiz Expo - Keynote Lunch with Eric Dinenberg, Rouse Properties