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With Office Move This Month, Business Journal Returning Downtown

By Staff Reports, posted Oct 6, 2023
The Greater Wilmington Business Journal is moving from Station Road near Mayfaire to 101 N. Third St. in downtown Wilmington. (Photo by Cece Nunn)
The Greater Wilmington Business Journal is moving back downtown after 10 years.

This month, the Business Journal will relocate from 219 Station Road to a larger space in Suite 400 at 101 N. Third St. Founded in 2000, the publication outgrew its original office at 130 N. Front St. in downtown Wilmington in 2013.

“We’re thrilled to be moving back downtown, the heart of our community," said Business Journal publisher Rob Kaiser. "So much activity and development continues to happen downtown that it feels like the perfect location for our growing, locally-owned media company."

Kaiser said the move is representative of other changes that have come about since the Business Journal was founded in 2000 and others that are on the horizon. Since its founding, the Business Journal's parent company has grown its offerings to include WILMA magazine, founded in 2003; the quarterly WilmingtonBiz Magazine; the yearly Book on Business; Good Life Wilmington; WILMA's Women to Watch Leadership Initiative; and events throughout the year.

"We’re also using this move as an opportunity to rebrand our business. With our WB360 digital marketing agency, Good Life Wilmington for retirees and other new initiatives starting soon, we’re no longer just the Business Journal and WILMA Magazine," Kaiser said. "Going forward, our overall company identity will be Wilmington Media + Marketing with the goal of informing and connecting our community through a variety of high-quality publications, digital properties and events.”

The Business Journal's new office building, constructed in 2015, is also home to Truist Bank and a Dunkin' on the ground floor, among other tenants. Cody Cress and Tyler Pegg, of The Cress Group, Coldwell Banker Commercial Sun Coast Partners, represented the Business Journal in the lease of its new office. Lindsey Hess, of Wilmington-based commercial real estate firm Cape Fear Commercial, represented the landlord in the transaction.

"Finding the right office for us has taken more than a year," Kaiser said. "I’d like to thank our brokers, Wilmington Downtown Inc. and the Wilmington Chamber of Commerce for their assistance in our search."
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