Real Estate - Commercial

Oct 26, 2021

Continuing a trend of increased industrial activity in the region, a New York-based real estate developer, owner and investor recently bought a two-building industrial portfolio in Wilmington. According to a news release, Treeline acquired 3700 and 3720 U.S. 421 North from Burgess Corp., a construction and project management company, in an off-market transaction. The ...

Oct 26, 2021

The sidewalk outside the former Coca-Cola Bottling facility on Princess Street in Wilmington bubbled with activity Tuesday morning as the new owners of more than 7 acres in the historical Soda Pop District described their plans to transform the area. Andy Hewitt and Sandy Thorpe of Parastream Development, which bought the former bottling facility and other buildings and ...

Oct 25, 2021

Work is expected to start by early next year on the third commercial building in the latest phase of Autumn Hall, a master-planned, mixed-use community on Eastwood Road in Wilmington. Site plans for two 34,000-square-foot buildings, Buildings 3 and 4, have been submitted to the city of Wilmington, and are scheduled for a Technical Review Committee discussion Nov. 10. ...

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Posted May 26, 2021
North Carolina is seeing a transformation that will impact industries throughout the state, particularly the building industry.
 
With more than 4,000 jobs coming from Apple and Google, North Carolina is seeing a new wave of development that will reverberate from the Research Triangle throughout the state. These developments are akin to IBM’s initial investment in 1959 to ...read entire article
Oct 22, 2021

More than 120 years ago, crews constructed the building where, this year, Frank Efird opened a real estate office in downtown Wilmington.  The structure at 6 Market St., which Efird bought in May, needs some work. “We’ve got five windows in the front of this building, and the top three windows on the second floor are totally rotted out and painted sh ...

Oct 19, 2021

The owners of the Tractor Supply Co. property in Leland recently sold the real estate for about $5.47 million. SRS Real Estate Partners National Net Lease Group (NNLG) announced the sale of the freestanding Tractor Supply store and land at 1123 Clapboard Lane earlier this month. Tractor Supply is a “rural lifestyle retailer” that targets the need of recre ...

Oct 15, 2021

Will $500M Development Across The River Sink Or Swim?

By Cece Nunn, posted Oct 15, 2021

Building a major riverfront development of any kind in the Wilmington area means facing a raft of challenges, from environmental issues to making the numbers work.   A group of local partners that has never tackled such a development before wants to create a $500 million mixed-use project, with condos, apartments and commercial space, on 8 acres at a fork of the Nor ...

Oct 15, 2021

The 3,800-square-foot retail strip center at 1930 Carolina Beach Road has a new owner. Summer Hill Square was purchased for $485,000 on Sept. 24 from Natson Enterprises by SEEK Land Holdings, according to property tax records and an announcement from Eastern Carolinas Commercial Real Estate. Wilmington-based ECCRE represented the seller while Carolina Commercial Inve ...

Oct 14, 2021

The developers behind the six Offices at Mayfaire buildings and Bradley Creek Station in Wilmington are bringing a 77,000-square-foot building to northern Brunswick County.  Wilmington-based SAMM Properties is in the design phase of planning a class A office and retail development. The Offices & Shoppes at Waterford will be located on Olde Regent Way adjacent t ...

Oct 8, 2021

Cape Fear Commercial Real Estate Women (CREW) began this week accepting nominations for the fourth annual Awards of Excellence. The awards program, scheduled for 11 a.m. Feb. 24 at the Wilmington Convention Center, recognizes excellence and leadership in commercial real estate in Wilmington and the tri-county region of New Hanover, Brunswick and Pender and beyond, inclu ...

Oct 6, 2021

Plans to build a mixed-use project on South College Road and convert motel buildings on Market Street to housing have moved forward after the Wilmington City Council approved rezonings for the project sites. On Market Street, California-based Vivo Investment Group has 7.7 acres under contract that include two motels operating out of the same lobby. The company&r ...

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Trending News

Developers Pour Investment Into Soda Pop District, Plan Transformation

Cece Nunn - Oct 26, 2021

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Cece Nunn - Oct 25, 2021

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Jenny Callison - Oct 26, 2021

Wilmington Industrial Buildings Sell For $9M To New York-based Firm

Staff Reports - Oct 26, 2021

Wilmington Software Company Wins NC IDEA MICRO Grant

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In The Current Issue

Social District Could Serve As Business Boost

Wilmington leaders and business owners are hoping to establish their own social district in the downtown central business district (CBD) soo...


New Eateries Add Flavor To District

“Being a part of the Brooklyn Arts District already feels like home, and I’m so excited to be a part of it,” said Alicia Mitchell, who plans...


Health Care Heroes: Community Outreach

The Community Outreach category this year recognizes the large teams of area health providers and professionals who have responded throughou...

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